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Showing 21 - 30 of 46 results for "May budget"

Bored to zzz

BENJAMIN ONG  |  TUESDAY, 6 MAY 2014
... thinks it would do. They would do nothing - at least, not this month. Not until they know for sure how tight the Federal May Budget would be. I don't even want to join the discussion about the recommendations of the National Commission of Audit that ...

SPAA calls for reduction in SMSF levy

JAMES FERNYHOUGH  |  MONDAY, 10 MAR 2014
... Australian Taxation Office's (ATOs) annual levy on self-managed superannuation funds (SMSFs) should be reduced in the May budget, according to the SMSF Professionals' Association of Australia (SPAA). SPAA's senior manager, technical and policy, Jordan ...

SPAA urges concessional cap rethink

MARK SMITH  |  FRIDAY, 14 FEB 2014
... concessional cap and the accurate costing of superannuation taxation concessions in its submission to the federal government's May budget. SPAA also wants the government to explore polices that will assist people with broken work patterns improve the ...

Don't meddle with super industry bodies warn Govt

LAURA MILLAN  |  FRIDAY, 15 FEB 2013
... (SPAA) asked its members yesterday to stand against the changes to superannuation that are being discussed for the May budget. SPAA CEO Andrea Slattery opposed suggestions that tax concessions to superannuation will be pared back. During the SPAA national ...

Too much ado over MYEFO

BENJAMIN ONG  |  TUESDAY, 23 OCT 2012
... to roost (oops, mixed metaphors again sowee), the broader picture is that the MYEFO has not deviated much from the May Budget. Yes, yes, the underlying cash surplus for 2012/13 is now forecast to be A$400 mil less than the A$1.5 bil predicted in the ...

Negative gearing property distortions here to stay

ALEX DUNNIN  |  WEDNESDAY, 18 APR 2012
... just ended up boosting demand rather than supply. Despite the concerns, Treasurer Wayne Swan has said the upcoming May budget will not target the practise. According to Australian Taxation Office figures, almost 2 million Australians claim deductions ...

Lower tax rate opens local property to foreign investors

ELISE BURGESS  |  THURSDAY, 21 OCT 2010
... Richard Ellis (CBRE ) and Echo Capital are targeting foreign investors with new property products in Australia after the May budget revised the national withholding tax rate to a more favourable 7.5 per cent. The new strategic alliance, MITSA (Managed ...

Boiling frog

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2009
... because Australia's economy would now grow by 1.5 per cent instead of the 0.5 per cent contraction forecast in the May Budget. This is because Australia is fortunate enough to sit right next to industrialising China. According to RBA Governor Glen Stevens ...

National clearing house shake-up

ALEX DUNNIN  |  THURSDAY, 19 FEB 2009
... deliver its national superannuation clearing house, new models are emerging regarding how it could be done. In the May Budget last year, the Rudd government announced it had allocated $16 million to the Australian Taxation Office to manage the tendering ...

Rainy days

BENJAMIN ONG  |  FRIDAY, 7 NOV 2008
... authorities taking pre-emptive action. This is why the MYEFO report of a reduced fiscal surplus from A$21.7 billion in the May Budget to A$5.4 billion should be welcomed. Reduced tax revenue - company and personal income, and lesser capital gains from ...