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Showing 471 - 480 of 2469 results for "Budget"

Aussies regret ERS withdrawals: AIST poll

KANIKA SOOD  |  TUESDAY, 18 MAY 2021
... will increase to 10% from July 1, the government hasn't publicly affirmed its commitment to 12% as legislated. On the budget, she cheered the removal of the $450 threshold but called out the government's failure to introduce paid parental leave. ...

COVID support temporarily improves inequality

KANIKA SOOD  |  MONDAY, 17 MAY 2021
... housing, social, health and disability, education and the environment) and tracks equity over two generations. It says budget measures continue the widening of the gap between the young and the old. "Some parts of the budget will continue the trend towards ...

YFYS incentive to reduce fees: Hume

ANNABELLE DICKSON  |  THURSDAY, 13 MAY 2021
... recent years, according to minister for superannuation Jane Hume. Speaking at the Financial Services Council (FSC) post-budget briefing, FSC deputy chief executive Blake Briggs questioned whether the addition of administration fees would disincentivise ...

Advice practices set to benefit from tax cuts

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
... Planning Association of Australia said it welcomes a number of changes to superannuation and aged care outlined in the budget. "The FPA supports a commitment by the Government to reduce the number of regulators in financial advice by confirming the wind ...

Super funds slam budget's super gap measures

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
... budget's move to dump the $450 threshold, but called out a lack of measures to close the super gap. Last night's budget included five key decisions on superannuation. These were abolishing the $450 per month income threshold to receive SG contributions ...

Chief economist update: Frydenberg spends big

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2021
... higher-than-expected tax receipts as well as lower-than-expected unemployment benefits." The government's underlying budget deficit might still be an eye-watering $161.0 billion (7.8% of GDP) this fiscal year but it's a lot less than ($52.7 billion ...

More flexibility for retirees

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... to keep and continue to contribute to their preferred fund while undertaking overseas work and education opportunities," budget papers read.

No early super release for DV survivors

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... domestic violence situations, including helping women set themselves up after leaving a violent relationship," the Women's Budget Statement read. Among other things, the government will provide $164.8 million over three years in financial assistance ...

Personal, business tax cuts revealed

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... low-and-middle income tax offset (LMITO) for another year and introduced a tax cut for small to medium businesses in the 2021/22 budget in a bid to create more jobs and support business investment. Low-and middle-income earners will receive an additional ...

No big losers in FY22 budget

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
Just about everyone is a winner in this year's federal budget, with treasurer Josh Frydenberg extending tax cuts, significant measures to enhance women's economic security and a $15 billion infrastructure spend. Delivering the 2021/22 federal ...