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Showing 21 - 29 of 29 results for %22MYEFO Mid-Year Economic%22

Super tax receipts to reach $8bn: MYEFO

DARREN SNYDER  |  MONDAY, 19 DEC 2016
... the path to surplus the new Turnbull Government had already implemented Budget repair measures exceeding $22 billion. The MYEFO also contains a revised estimate of the value of un-legislated budget repair measures still to be supported by the parliament ...

MYEFO writes down billions in super fund taxes

DARREN SNYDER  |  WEDNESDAY, 16 DEC 2015
... superannuation funds will not have the greatest 2016 after significant tax write downs in the Mid-Year Economic and Fiscal Outlook (MYEFO) were released yesterday. Superannuation fund taxes have been written down $1.4 billion (14.9%) in 2015-16. A total ...

Good Budget, bad Budget

BENJAMIN ONG  |  WEDNESDAY, 13 MAY 2015
... of GDP in 2013/14) would turn into a surplus of around 0.1% of GDP by 2017/18; changed into a 0.3% of GDP deficit in the MYEFO (Mid-year Economic and Fiscal Outlook) papers last December; changed into a 0.5% of GDP deficit last night. To be sure, a surplus ...

Spain here we come

BENJAMIN ONG  |  THURSDAY, 15 NOV 2012
... budget surplus of 2% of GDP five years ago that turned into a 9.4% deficit by 2011. The Mid-Year Economic and Fiscal Outlook (MYEFO) forecast a A$1.1 billion surplus in 2012/13, roughly 0.1% of GDP. But Australia could not follow Spain's path. No siree! ...

Too much ado over MYEFO

BENJAMIN ONG  |  TUESDAY, 23 OCT 2012
Dissected, defended, derided. The MYEFO (Mid-Year Economic and Fiscal Outlook) 2012-2013 received all these, and then some. It's good. It's bad. It's a revenue grab. It's responsible policy. It's a fiscal drag. It'll lower interest rates. Be scared. ...

A surplus in 2012/13, and then what?

BENJAMIN ONG  |  THURSDAY, 29 MAR 2012
... A$22.6 billion 2011/12 budget deficit estimated in May 2011 to A$37 billion in its Mid-Year Economic and Fiscal Outlook (MYEFO) released last November. Today, we'll see new figures showing even that even this is off the mark - that the shortfall would ...

Super industry responds to MYEFO

ELISE BURGESS  |  WEDNESDAY, 30 NOV 2011
Super industry heads have responded to yesterday's MYEFO announcement from the Government with concerns raised about the reliance of super products on the equity markets. As reported yesterday by Financial Standard, Treasurer Wayne Swan released the ...

Treasury predicts growth, $20b revenue loss

CLAIRE MCGREAL  |  TUESDAY, 29 NOV 2011
The 2011 12 Mid-Year Economic and Fiscal Outlook (MYEFO) released today forecasts solid economic growth, low debt and a return to surplus in 2012 13, despite a significant deterioration in global conditions in recent months, cutting $20 billion from ...

Rainy days

BENJAMIN ONG  |  FRIDAY, 7 NOV 2008
... Wall Street languishes, Australia will remain jittery. More pain is to come. In its Mid-Year Economic and Fiscal Outlook (MYEFO), the Federal Government cut its GDP growth forecast to 2.0 per cent, from a previous forecast of 2.75 per cent for fiscal ...
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