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Showing 31 - 40 of 365 results for "Federal Budget"

Mercer proposes superannuation tax overhaul

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
... those with large super balances, and achieve budget neutrality in the short-term with a positive impact on the Federal Budget as super balances grow. Mercer's changes are forecast to have a positive budgetary impact of $0.04 billion. Emphasising the ...

ISA renews calls for super to be paid with wages

CHLOE WALKER  |  MONDAY, 30 JAN 2023
... billion in unpaid super each year. "Modernising the law to align the payment of super with wages in the upcoming federal budget would not only drastically reduce unpaid super rates, but it would also boost the retirement savings of all the 4.2 million ...

Affordable housing investments a win-win: ISA

ANDREW MCKEAN  |  WEDNESDAY, 23 NOV 2022
... inadequate incentivisation. Access to affordable housing is a preeminent concern for the federal government, in the Federal Budget it introduced a new national Housing Accord, promising to build at least 40,000 new affordable and social housing dwellings. ...

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... structural budget deficit gap." "To keep public debt under control, we must either tax more or spend less in the Federal Budget - last night did little to answer that important question. "Enough with the conversation. The time for talking is over, and ...

Federal Budget is challenging: Economist

CHLOE WALKER  |  WEDNESDAY, 26 OCT 2022
... his hands, the first being gas prices and the other the National Disability Insurance Scheme. In delivering the Federal Budget last night, Treasurer Jim Chalmers said the government is investing $40.9 million in increased oversight of gas markets by ...

Affordable housing in Budget spotlight

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
Access to affordable housing is at the core of the Federal Budget, including a new national Housing Accord struck between the government, institutional investors, and industry to help tackle the growing issue. Under the Housing Accord, one million new ...

Piecemeal super taxes won't fix budget deficit: FSC

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
... Financial Services Council (FSC) research shows that proposed increases to super taxes will not deliver a sustainable Federal Budget position. The FSC engaged DeltaPearl Partners to perform economic modelling of six possible measures adjusting the current ...

Calls to pay super on parental leave grow

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
... the 2019 election. Labor has since said it would like to pursue the policy, but any outcome is contingent on the federal budget, to be handed down in October. "No one policy change will close the gender super gap, but paying super on paid parental leave ...

Government proposes further expansion of downsizer scheme

JAMIE WILLIAMSON  |  TUESDAY, 17 MAY 2022
... At present, the downsizer superannuation scheme is only available to those aged 65 years and over. In the 2021 Federal Budget it was announced that the eligibility age would be reduced to 60 from July 1. Now, if declared the winner on Saturday night ...

Consumer confidence rises as inflation expectations drop

ANDREW MCKEAN  |  WEDNESDAY, 6 APR 2022
... think this explains much of the lift in sentiment, though the focus on relieving cost of living pressures in the Federal Budget may have also played a part. "The fall in petrol prices is likely due to lagged effects of the drop in crude prices since ...