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Showing 21 - 30 of 836 results for %22Federal Budget%22

AEP, GSFM launch Australian film fund

CHLOE WALKER  |  MONDAY, 15 MAY 2023
... "The Australian government rebates and production incentives lead the world," Basser said. This was reinforced by the federal government's increase of the Location Offset from 16.5% to 30% announced in last week's budget, he noted. "An Australia-based ...

Budget of missed opportunities: Industry

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
Stakeholder responses to the federal budget are mixed at best, with many believing key measures require further consideration and consultation. Perhaps the measure that will most impact the financial services industry, the government remained firm in ...

NALI measure receives mixed response

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
The federal government provided clarity on the Non-Arm's Length Income (NALI) provisions related to expenditure incurred by superannuation funds - however, the industry says it requires further consideration. In last night's budget, the government ...

What you need to know about the 2023-24 budget

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
Cost of living pressures and the transition to clean energy took centre stage on federal budget night as the Labor Party unveiled a package of measures in response to mounting economic uncertainties. Federal treasurer Jim Chalmers delivered the 2023-24 ...

How this budget was built

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
To understand how the 2023-24 federal budget was built, you need to understand its 2022-23 foundations because just five taxes accounted for 97% of all taxation revenue and just six programs accounted for 71% of all expenditures, with the biggest two ...

Federal budget 2023: Winners and losers

TOM WATSON  |  TUESDAY, 9 MAY 2023
... expected, cost of living support has featured prominently. So what has treasurer Jim Chalmers included in the 2023 federal budget when it comes to spending and cuts? And which Australians are likely to benefit or miss out? Winners The bottom line: With ...

Labor strengthens economic equality initiatives

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... year's budget, as Labor promises to expand initiatives introduced in October 2022 that aim to tackle economic inequality. Federal treasurer Jim Chalmers introduced a number of measures on budget night in the hope of improving women's economic ...

Budget cuts advisers' power bills, admin burden

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
Operating a financial advice practice is set to become easier and cheaper under a raft of measures the federal government has introduced, which includes buffering the rising costs of power bills and reducing administration burdens. Federal treasurer ...

Labor cracks down on unpaid super

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... unpaid super, requiring employers to align the payment frequency of the Superannuation Guarantee (SG) with wages. Federal budget documents revealed that the government will proceed with its earlier decision to align the payment of super and wages, enabling ...

Budget delivers surplus, with a catch

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
The federal government has delivered a small surplus of $4.2 billion for 2022-23, the first in 15 years, but structural deficit challenges continue to pose a threat to long-term fiscal stability. Treasurer Jim Chalmers touted the surplus and smaller ...