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Showing 31 - 40 of 61 results for "Budget Papers"

Peak iron ore?

BENJAMIN ONG  |  WEDNESDAY, 20 SEP 2017
... with every $US10 a tonne change impacting tax receipts by $3.9 billion and nominal GDP by $13.4 billion." In its Budget Papers 2017-18 (released in May this year), the Treasury assumed the price of iron ore "to decline from a recent average of around ...

The bull and bear market in iron ore

BENJAMIN ONG  |  THURSDAY, 20 JUL 2017
... with every $US10 a tonne change impacting tax receipts by $3.9 billion and nominal GDP by $13.4 billion." In its Budget Papers 2017-18 (released in May this year), the Treasury assumed the price of iron ore "to decline from a recent average of around ...

Government closes super loophole

EMMA RAPAPORT  |  MONDAY, 10 JUL 2017
... streams have increasingly been used by people for tax minimisation purposes without any reduction in work hours," Budget papers stated. "To ensure access to transition to retirement income streams is primarily for the purpose of substituting work income ...

Queensland DB super liabilities tipped to fall 18pct

ALEX DUNNIN  |  THURSDAY, 15 JUN 2017
... defined benefit scheme surplus being partially repatriated. The figures were published in the Queensland Government budget papers, released earlier this week. They show that superannuation liabilities are projected to fall from $25.9 billion in 2017 ...

Treasury responds to ABA derision over bank levy

JAMIE WILLIAMSON  |  WEDNESDAY, 17 MAY 2017
... will help to avoid unintended consequences on the economy and financial system." In response, Fraser pointed to Budget papers outlining revenue and expenditure decisions. Fraser assured the ABA that, given the tight deadline imposed, his department is ...

Another Budget, another promised surplus

BENJAMIN ONG  |  WEDNESDAY, 10 MAY 2017
... by FY 2012-13 that would grow to 0.4% of GDP in FY 2015-16. All because many of the assumptions contained in the Budget Papers 2012-13 turned out overly optimistic (in hindsight) and some just plainly off the mark - such as: "Growth is expected to be ...

Government debt on its way to $606bn

ALEX DUNNIN  |  TUESDAY, 9 MAY 2017
... through the impact of technology, efficiency dividends and staff freezes. As for "good debt" versus "bad debt", the Budget papers report that about 89% of Australia's Budget is recurrent spending and only 11% is for capital investment. By 2021 this recurrent ...

Budget Eve

BENJAMIN ONG  |  MONDAY, 8 MAY 2017
... counting down) before us, Australians all, find out what the government has in store for us when it releases the Budget Papers 2017-18 at approximately 7.30pm (AEST) on Tuesday 9 May 2017. Some Budget measures have already been leaked - the Australian ...

MYEFO: Surplus of promises

BENJAMIN ONG  |  TUESDAY, 20 DEC 2016
... budget deficit beamed up by a cumulative A$10.3 billion over the next four years to FY2019/20. (The May 2016/17 Budget Papers had the deficit at A$84.6 bil over the next four years). The projected peak in net debt was also beamed up by a year from FY2017/18 ...

Defined benefit deficit at $182bn

ALEX DUNNIN  |  WEDNESDAY, 6 JUL 2016
... are accountable for 85% of all DB liabilities. Deeper analysis by Rainmaker of Commonwealth and State government budget papers further reveals that the full extent of government DB liabilities is underrepresented by APRA's figures. For example, while ...