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Showing 441 - 450 of 1269 results for "Labor"

Budget undermining super: Labor

KARREN VERGARA  |  WEDNESDAY, 10 MAY 2017
... do nothing to address housing affordability but will work to undermine Australia's world-class superannuation system and Labor will not support it," they said. Shadow Finance Minister Jim Chalmers told the ABC that superannuation is for retirement - ...

Financial dispute authorities combined for 'one-stop-shop'

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... Fahy said. The government will be hoping the overhaul of the banking sector package will be enough to fend off calls by the Labor Party for a royal commission into the banking sector.

Tax relief for merging super funds extended

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... consequences on gains and losses from revenue and capital assets. This tax relief, which was originally introduced by the Labor Government in 2008, was due to lapse on 1 July 2017. "Extending this relief will ensure superannuation fund members' balances ...

Budget for the wealthy: Labor

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
Opposition leader Bill Shorten is rejecting claims Treasurer Scott Morrison's 2017-18 Budget is anything like a 'Labor Budget.' Shorten went on Twitter to say the Coalition's budget is "out of touch", as a Labor Budget wouldn't slash school funding ...

Fearless forecasting

BENJAMIN ONG  |  THURSDAY, 4 MAY 2017
... expects that, with gradual adjustments in the stance of monetary policy, economic activity will expand at a moderate pace, labor market conditions will strengthen somewhat further, and inflation will stabilise around 2% over the medium term. Near-term ...

Treasurer opens the way for increased infrastructure spending

EMMA RAPAPORT  |  FRIDAY, 28 APR 2017
... government was alive to the risks of a hard landing in the housing market, that they must take care not to overact. "The Labor Party has proposed dangerous and dramatic changes on negative gearing with no thought or appreciation of the consequences," ...

Labor renews calls for banking Royal Commission

EMMA RAPAPORT  |  MONDAY, 24 APR 2017
Senate Economics References Committee chairman Chris Ketter has justified Labor's calls for a Royal Commission into the banking and financial services sector, citing a flood of angry consumer complaints. In a submission to the Senate Inquiry into Consumer ...

Opposition floats SMSF borrowing ban

EMMA RAPAPORT  |  FRIDAY, 21 APR 2017
... have been allowed to borrow money under certain conditions to invest in assets on a limited recourse basis. According to Labor, this has been a growing feature of many SMSFs, particularly for the purchase of property. "Limited recourse borrowing in SMSFs ...

SMSFA appoints high profile former politicians

EMMA RAPAPORT  |  TUESDAY, 21 MAR 2017
... financial services" with the appointment of two high-profile public figures. Former NSW Liberal premier Nick Greiner and former Labor parliamentary secretary Bernie Ripoll will become members of the association's public policy committee. "This is the ...

One small rise in rates, one giant step towards normalisation

BENJAMIN ONG  |  THURSDAY, 16 MAR 2017
... all expected - a 25 basis point lift in the federal funds rate to 0.75%-1.0% last night. "In view of realized and expected labor market conditions and inflation, the Committee decided to raise the target range for the federal funds rate to 3/4 to 1 percent. ...