Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 78 results for "Medicare"

Budget 2018: Social media reaction

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
... firm HLB Mann Judd pointed to the Budget benefits for small-to-medium enterprises. The proposed 0.5% increase to the Medicare Levy will not proceed #budget2018 #budget18 @BentleysOzNZ #thinkingahead - Bentleys Australia (@BentleysOzNZ) May 8, 2018 Financial ...

What the associations want from Budget 2018

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... tax treaties in addition to special withholding tax rate for Passport funds like last year. The FSC has also opposed a Medicare Levy increase. It also wants the government to facilitate the rationalisation of legacy products in financial services, involving ...

AIA Australia spearheads mental health law reforms

KARREN VERGARA  |  FRIDAY, 13 APR 2018
... he said. By way of example, a person impacted by a mental health condition can receive 10 medical appointments through Medicare. Under the proposed legislative changes, life insurers would be able to provide financial support to cover the costs of any ...

Labor's amended cash dividend refunds fall short: SMSFA

KARREN VERGARA  |  WEDNESDAY, 28 MAR 2018
... know they are struggling with the cost of living, especially with out of control power prices and Turnbull's cuts to Medicare." Bowen said SMSFs with at least one pensioner or allowance recipient before 28 March 2018 will also be exempt from the changes. ...

Traditional advice strategies pose retirement risk

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JAN 2018
... earners will now be able to claim a tax deduction. Those with income levels above $87,000 and in the 39% tax bracket (incl. Medicare levy), the tax benefit of the contribution is 24%, but the individual personally receives the 39% benefit," Philpot explained. ...

Discretionary trusts crackdown short-sighted

KARREN VERGARA  |  FRIDAY, 4 AUG 2017
... than by how much tax they have to pay," he said. "We already have some shared tax arrangements in place, such as for the Medicare Levy Surcharge which is assessed on the combined income of couples. Furthermore, the Federal government has flagged its ...

A one-handed clap for ScoMo's Budget

BENJAMIN ONG  |  TUESDAY, 23 MAY 2017
... to 0.4% of GDP by then. In addition to these, consumer spending will be further restrained by the 0.5% increase in the Medicare levy (if passed), among others. Slowing household spending - which accounts for roughly 60% of the economy - threatens the ...

Another Budget, another promised surplus

BENJAMIN ONG  |  WEDNESDAY, 10 MAY 2017
... This will be achieved through expected higher tax receipts - "as a result of policy decisions including increasing the Medicare levy, introducing a major bank levy, improving the integrity of GST on property transactions and introducing a Skilling Australians ...

Budget for the wealthy: Labor

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... in $16,000 in tax cuts for people making $1 million a year, he said, and cut funding for schools (including TAFE) and Medicare. The Medicare levy will increase on 1 July 2017 from 2% to 2.5% to fund the National Disability Insurance Scheme. Also starting ...

Government debt on its way to $606bn

ALEX DUNNIN  |  TUESDAY, 9 MAY 2017
... new levies that are expected to raise $17 billion over the next four years ranging from the bank levy, increases to the Medicare levy, the Skilled Australians levy and new restrictions on deductions available to housing investors. In aggregate terms ...