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Showing 491 - 500 of 1269 results for "Labor"

Super changes about sustainability: O'Dwyer

KELLY O'DWYER, ASSISTANT TREASURER AND MINISTER FOR SMALL BUSINESS  |  FRIDAY, 27 MAY 2016
... superannuation, in an accumulation account, where the earnings will be concessionally taxed. I would also like to highlight that Labor is also proposing changes to the taxation of superannuation. Labor proposes to tax superannuation earnings in the retirement ...

Medcraft steps down from global leadership position

ALEX BURKE  |  FRIDAY, 20 MAY 2016
... of the IOSCO board." Medcraft's resignation comes at a time when ASIC is under increased public scrutiny following both Labor's calls for a Royal Commission into the financial services sector and the Government's announcement in the 2016 Budget that ...

Competitive forces driving US pension fees down

MARK SMITH  |  WEDNESDAY, 18 MAY 2016
... companies for using plans with high charges has also put the focus on lower-priced options. The Wall Street Journal said a new Labor Department rule that holds financial advisers to higher standards of behavior will likely lead many plans to cut costs. ...

Govt underestimates SMSF Budget impact: BGL

MARK SMITH  |  MONDAY, 16 MAY 2016
... (ie 85,000 SMSFs with 160,000 members at 30 September 15). Far more than the 4% suggested in budget. The firm adds that Labor's proposal of $75,000 tax free income for pension accounts is significantly more onerous. Based on the average returns of SMSFs ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 13 MAY 2016
... decline to 267K from 274 in the previous week and comes on top of the disappointing employment addition in April and the Labor Market Conditions Index reading. The latest claims data is the highest level since February 2015 and marks the third straight ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 10 MAY 2016
... being and further significant inroads into the unemployment rate may be more difficult to achieve in the near term." US Labor Market Conditions Index As if confirming the latest disappointing US employment numbers - up by 160K in April versus expectations ...

Shorten attacks government's retro super changes

DARREN SNYDER  |  FRIDAY, 6 MAY 2016
... used his budget reply speech last night to label the government's superannuation changes as "retrospective" and reaffirm Labor's election policy on the $2 trillion industry. On Tuesday the government announced a $500,000 lifetime cap will be applied ...

Labor supports tax cuts

MARK SMITH  |  TUESDAY, 3 MAY 2016
Shadow Treasurer Chris Bowen has said Labor will support tax cuts for small business and the government's move to address income tax bracket creep. The Labor front bencher said his party would support tax cut for small businesses from 28.5% down to ...

Drop in regulator staff numbers under coalition

MARK SMITH  |  MONDAY, 2 MAY 2016
... law is lessened and so the more likely we are to see wrong-doing," the report said. The government recently responded to Labor's calls for a Royal Commission into the banking sector by granting ASIC an additional $127.2 million in funding.

Boomers surprisingly open to fair super tax changes

MARK SMITH  |  THURSDAY, 28 APR 2016
... expected to call for changes to the taxation of superannuation. Chief among the findings was that 48% of respondents support Labor's plan to lower the upper limit for concessional tax from $300,000 to $250,000 while 29% are in favour of a Grattan Institute ...