Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 411 - 420 of 1757 results for "Budget 2018-19"

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
... financial markets to believe? The RBA may decide to wait until it has fully assessed the likely impact of the Federal Budget - to be revealed on October 6 (the same day as its board meeting) - on the economy. Federal Treasurer Josh Frydenberg is expected ...

Chief economist update: As luck would have it

BENJAMIN ONG  |  FRIDAY, 18 SEP 2020
"Australians all let us rejoice... in joyful strains then let us sing, Advance Australia Fair." It wasn't supposed to go this way. Given the re-imposition of lockdown in Melbourne and most Australian states "closed border" policy, financial markets ...

Super fund gets ahead of CIPR obscurity

KARREN VERGARA  |  TUESDAY, 15 SEP 2020
... assets accrued through compound returns, the report reads. For this year, Rice Warner estimated that the SG will save the budget $17 billion, and $100 billion by 2058. "It also shows compulsory super combined with a supplementary means tested pension ...

Industry funds pledge $33bn for economy

ELIZA BAVIN  |  MONDAY, 7 SEP 2020
... $19.5 billion in CAPEX will create over 200,000 jobs between 2020 and 2023. ISA added that investments save the Federal budget $2.7 billion through higher tax receipts, lower pension payments and lower interest costs alone. The report expands on an earlier ...

SMSF member increase bill reintroduced

ANNABELLE DICKSON  |  THURSDAY, 3 SEP 2020
The bill to increase the maximum number of self-managed superannuation (SMSF) members from four to six has been reintroduced in the Senate. The bill amends the SIS Act, Corporations Act, ITAA 1997 and Superannuation (Unclaimed Money and Lost Members) ...

Pandemic heightened need for SG increase: ASFA

ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2020
In its supplementary pre-budget submission lodged with the government the Association of Superannuation Funds of Australia (ASFA) called for the SG increase to go ahead and an expansion in the coverage of the Fair Entitlements Guarantee (FEG) scheme. ...

AIST calls for top-ups for low-income ERS recipients

ANNABELLE DICKSON, KANIKA SOOD  |  MONDAY, 24 AUG 2020
Government should top up the superannuation balances of Australians who make less than $39,837 a year and genuinely accessed their superannuation under ERS, according to the Australian Institute of Superannuation Trustees. The body is recommending the ...

Chief economist update: Escape from Victoria

BENJAMIN ONG  |  FRIDAY, 7 AUG 2020
It's that time of the year when many Victorians escape the winter chill for the warmer climate of its northern neighbour - notably, Queensland (where it's "beautiful one day, perfect the next")... and in the current setting, coronavirus-free. ...

Bain Capital begins restructure reckoning

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
Virgin will cut 3000 jobs, discontinue budget airline Tigerair, suspend long-haul international flights and simplify its fleet, as Bain Capital begins to restructure its new aviation group. The restructure reckoning focuses on six key areas; overhauling ...

Chief economist update: It's about human life, not human rights

BENJAMIN ONG  |  MONDAY, 3 AUG 2020
"We are all prisoners here of our own device." - Hotel California, The Eagles Victorian Premier Daniel Andrews declared Victoria in a "State of Disaster" from 6pm on August 2 and imposed Stage 4 restrictions that will run for six weeks (until September ...