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Showing 31 - 40 of 44 results for "Fiscal Outlook"

Good Budget, bad Budget

BENJAMIN ONG  |  WEDNESDAY, 13 MAY 2015
... surplus of around 0.1% of GDP by 2017/18; changed into a 0.3% of GDP deficit in the MYEFO (Mid-year Economic and Fiscal Outlook) papers last December; changed into a 0.5% of GDP deficit last night. To be sure, a surplus could be had in any year of the ...

Govt to amend fund merger tax laws

ALEX DUNNIN  |  WEDNESDAY, 24 SEP 2014
... Treasury's statement noted that: "The measure was announced as part of the former Government's Mid-Year Economic and Fiscal Outlook 2012-13, released on 22 October 2012. The measure would clarify that a tax integrity rule will not be triggered when superannuation ...

Market Wrap AM

AAP  |  TUESDAY, 13 AUG 2013
... news on Tuesday, the Treasury and the Finance departments are expected to release the pre-election Economic and Fiscal Outlook (PEFO), while the National Australia Bank's monthly business survey for July is also due out. In equities news, Stockland ...

Puke on the punchbowl

BENJAMIN ONG  |  THURSDAY, 21 FEB 2013
... stability..." "The passage of legislation in early January resolved some of the uncertainties surrounding the federal fiscal outlook, but near-term uncertainties remained, including the prospect of automatic budget cuts. Participants generally agreed ...

Spain here we come

BENJAMIN ONG  |  THURSDAY, 15 NOV 2012
... a budget surplus of 2% of GDP five years ago that turned into a 9.4% deficit by 2011. The Mid-Year Economic and Fiscal Outlook (MYEFO) forecast a A$1.1 billion surplus in 2012/13, roughly 0.1% of GDP. But Australia could not follow Spain's path. No siree! ...

Too much ado over MYEFO

BENJAMIN ONG  |  TUESDAY, 23 OCT 2012
Dissected, defended, derided. The MYEFO (Mid-Year Economic and Fiscal Outlook) 2012-2013 received all these, and then some. It's good. It's bad. It's a revenue grab. It's responsible policy. It's a fiscal drag. It'll lower interest rates. Be scared. ...

A surplus in 2012/13, and then what?

BENJAMIN ONG  |  THURSDAY, 29 MAR 2012
... raise its A$22.6 billion 2011/12 budget deficit estimated in May 2011 to A$37 billion in its Mid-Year Economic and Fiscal Outlook (MYEFO) released last November. Today, we'll see new figures showing even that even this is off the mark - that the shortfall ...

Super industry responds to MYEFO

ELISE BURGESS  |  WEDNESDAY, 30 NOV 2011
... markets. As reported yesterday by Financial Standard, Treasurer Wayne Swan released the 2011 12 Mid-Year Economic and Fiscal Outlook (MYEFO) which included the extension of a draw-down relief for account-based pensions, something which Cooper said highlights ...

Treasury predicts growth, $20b revenue loss

CLAIRE MCGREAL  |  TUESDAY, 29 NOV 2011
The 2011 12 Mid-Year Economic and Fiscal Outlook (MYEFO) released today forecasts solid economic growth, low debt and a return to surplus in 2012 13, despite a significant deterioration in global conditions in recent months, cutting $20 billion from ...

Government confirms super guarantee age limit abolished

CLAIRE MCGREAL  |  TUESDAY, 29 NOV 2011
... Meanwhile the government has announced a number of other superannuation measures as part of its mid-year economic and fiscal outlook. The low income superannuation contribution (LISC), which will see people earning up to $37,000 pay effectively no tax ...