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Showing 21 - 30 of 111 results for "personal income"

Platinum launches investment bond

KANIKA SOOD  |  TUESDAY, 1 JUN 2021
... of the obligation of including it on their annual tax return. Withdrawals after 10 years don't incur additional personal income tax subject to other conditions. They also don't incur capital gains tax when the ownership of the bond is changed; issuers ...

Rich investors not worried about low rates: Citi

KANIKA SOOD  |  WEDNESDAY, 26 MAY 2021
... Brand for Citi Australia. The participants had minimum $250,000 in investible assets (excluding property), or personal income of $250,000 or above for at least two years, or $2.5 million in total assets where property equity was included. It also found ...

Personal, business tax cuts revealed

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... boost GDP by around $4.5 billion in 2022/23 and will create an additional 20,000 jobs by the end of 2022/23. The Personal Income Tax Plan is still in the second stage, which was brought forward last year, and increased the low-income tax offset from ...

Sweeping tax cuts announced

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... paying 21% less tax, and those on $80,000 paying around 11% less tax this year," he said. The third stage of the Personal Income Tax Plan is slated for 2024/25 with 95% of tax payers facing a tax rate of 30% of less. BetaShares chief economist David ...

Chief economist update: A tiny bug takes down the largest economy

BENJAMIN ONG  |  FRIDAY, 31 JUL 2020
... worse. But increased government stimulus (as well as the Fed's) was not spent, but saved. "Real disposable personal income (DPI)-personal income adjusted for taxes and inflation-increased 44.9 percent in the second quarter after increasing 2.6 percent ...

What to expect from the Retirement Income Review

KANIKA SOOD  |  FRIDAY, 24 JUL 2020
... that are inconsistent with the purpose of super could survive. You could use that money for budget repair and personal income tax cuts." In the interests of transparency, it is critical this report is immediately released to the public so its findings ...

Chief economist update: China's great leap forward 70 years in the making

BENJAMIN ONG  |  FRIDAY, 27 SEP 2019
... suggest that the government needs to do more stimulation as its recent fiscal stimulus measures - reductions in personal income taxes and social security contribution fees for companies and increased spending on infrastructure and environmental projection ...

Chief economist update: The rate cut Australia has to have

BENJAMIN ONG  |  TUESDAY, 4 JUN 2019
... proposal to limit negative gearing and halve the capital gains discount from 50% to 25%... and ScoMo's promised personal income tax largesse. As I've previously discussed, the property market has a large multiplier effect on the economy. It creates ...

In a nutshell: Federal Budget 2019

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2019
... said. In fact, more than 10 million tax payers will receive tax relief to the tune of $158 billion - the largest personal income tax cuts since the Howard Government. The tax cuts will benefit those earning up to $126,000 a year. As a result, single ...

Chief economist update: US consumer sentiment cops bullet

BENJAMIN ONG  |  MONDAY, 21 JAN 2019
... (versus exports' about 12% contribution). Sure, the continued strength in the US labour market and the boost to personal income (due to the tax cuts) should provide US consumers the wherewithal to keep on shopping. That, or as Richard Curtin declares ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |   11:09AM
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |   12:20PM
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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