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Showing 21 - 30 of 259 results for "Tax cuts"

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
... other countries. We are considering the implications of this as we work through our own options." For sure, fiscal -- tax cuts; welfare spending programmes, etc. - and monetary support - lower interest rates have increased household incomes but recent ...

ISA calls for super tax reform

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
Industry Super Australia (ISA) has called for the stage two tax cuts to be matched by a change to the Low-Income Superannuation Tax Offset (LISTO) to help boost the retirement savings of women. ISA said this move could help add tens of thousands of ...

Stephen Jones admits to anti-life insurance bias

ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
... He said he is disappointed to see the government "dismantling things that have been working" but he does support the tax cuts and funding for business that were announced in the budget. "You'd expect that if we are going to see a deficit of that ...

Effects of ERS not so bad: Grattan

ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
... this idea of a private sector led recovery. You can see it on the emphasis that has been put on things like business tax cuts," she said. "In an ideal world, given the size of the challenge we face, I would have liked to see a broader-based scheme. But ...

Chief economist update: Splish splash, budget cash

BENJAMIN ONG  |  WEDNESDAY, 7 OCT 2020
... minus 3.0% the following year. As the Budget 2020-21 papers reveal, the government would need less deficit spending - tax cuts, business incentives, welfare expenditure - in the coming years as this year's budget reverses a predicted economic contraction ...

Sweeping tax cuts announced

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... car parking and electronic devices provided to employees. The government has brought forward $17.8 billion of personal tax cuts to over 11 million individuals and backdated them to July 1. The stage two tax cuts increases the low income tax offset from ...

Opposition in opposition: Labor responds

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... climate change, fixes employment crisis and ends inequality. Taking to Twitter, Bandt said the Greens will be fighting the tax cuts, which he said are benefitting the super-wealthy. Bandt also called on Labor to help block the tax cuts and pressured ...

Government declares record deficit, super reforms

JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
... this year in a bid to increase spending and boost economic activity. The government will bring forward its legislated tax cuts by two years, lifting the 19% threshold from $37,000 to $45,000, and lifting the 32.5% threshold from $90,000 to $120,000. ...

Tax concessions, infrastructure in focus for budget

ELIZA BAVIN  |  FRIDAY, 2 OCT 2020
... The Prime Minister has given an indication of what will be revealed in next week's federal budget with a focus on tax cuts and increased infrastructure spending. Prime Minister Scott Morrison gave the insight during his National Press Club address ...

Chief economist update: Australia's third arrow

BENJAMIN ONG  |  WEDNESDAY, 30 SEP 2020
... Federal Treasurer Josh Frydenberg is expected to announce a growth boosting budget that includes bringing forward income tax cuts, new infrastructure and energy infrastructure spending, business incentives including a wage incentive scheme to encourage ...