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| | | Treasurer Jim Chalmers has unveiled his second consecutive Budget surplus tonight of $9.3 billion this year. This was the first back-to-back surplus in nearly two decades. However, instead of celebrating, Chalmers warned pressures on the Budget would ... |
| | | | The Stage 3 tax cuts will go ahead as planned after the Albanese government made some amendments due to the cost-of-living crisis. Coming into effect July 1, every taxpayer will benefit from a tax cut. However, those earning over $180,000 will see their ... |
| | | | Support will be boosted for Australians facing acute and urgent financial pressures with $138 million to meet sustained high demand for crisis support including emergency relief, food relief and financial support services. Treasurer Jim Chalmers announced ... |
| | | | The Federal Budget has extended the $20,000 instant asset write-off by 12 months until 30 June 2025. Small businesses, with an aggregated annual turnover of less than $10 million, will continue to be able to immediately deduct the full cost of eligible ... |
| | | | The Albanese government is investing $2.2 billion to reform the aged care sector and close to $500 million to put the NDIS back on track. The government has said it will invest $531.4 million to offer an additional 24,100 Home Care Packages next financial ... |
| | | | ... Abood said the cost of financial advice remains the number one priority for FAAA members. "It is imperative that we reduce red tape and the cost of regulation in order to make financial advice more affordable," she said. "Many of our members are sole ... |
| | | | Federal Treasurer Jim Chalmers says the government is predicting inflation will come back into the Reserve Bank of Australia's (RBA) target range of 2-3% by Christmas and will be sitting at around 2.75%. The prediction is at odds with the RBA's modelling ... |
| | | | The tentacles of inflation are taking a toll on retirees' savings as the diminished value of their money is their biggest financial worry over healthcare costs, according to a Schroders survey. An overwhelming number of participants in the 2024 ... |
| | | | ... relation to advice fee deductions, with some allowing as much as $20,000 to be taken from a member's account before a red flag is raised. Speaking to Financial Standard, Constant said that $20,000 fee cap is perhaps the starkest finding of all. "If ... |
| | | | While a minority of organisations have embraced it, the four-day work week potentially has unintended consequences that are inflationary, reduce productivity, and can lead to employee burnout. This is according to some experts who recently spoke at ... |
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