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Showing 521 - 530 of 2469 results for "Budget"

FPA calls for levy overhaul

ANNABELLE DICKSON  |  WEDNESDAY, 3 FEB 2021
... Association of Australia (FPA) has recommended a review of the financial advice industry levy ahead of this year's federal budget. The FPA is calling on the government to review the ASIC industry levy and move away from annual increases and provide a ...

Family home dominates adviser conversations

KARREN VERGARA  |  MONDAY, 25 JAN 2021
... or $600,000 for a couple, does not count towards the non-concessional contributions cap. It was introduced the 2017-18 budget as part of the government's package of reforms to reduce pressure on housing affordability in Australia. BT technical consultant ...

Super concerns over legislation: Schroders

ANNABELLE DICKSON  |  FRIDAY, 22 JAN 2021
... clients, they are focused in on the implications of the performance benchmarking test. As announced in the 20/21 federal budget, the performance benchmarking tests the net investment performance of MySuper products and is slated to commence from 1 July ...

Chief economist update: Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 22 JAN 2021
... in turn, could also limit the amount and duration of government support measures, limiting the strain on the government budget and the national debt. You can't please everyone. The Australian Financial Review prints that UBS chief economist George ...

Chief economist update: Iron ore is hot

BENJAMIN ONG  |  WEDNESDAY, 20 JAN 2021
... augurs well for iron ore prices going forward. This would be a godsend for Australia, in terms of economic growth and the budget, if not for the growing Sino-Aussie diplomatic and trade tensions.

NSW pocketed $10bn from ERS

KARREN VERGARA  |  WEDNESDAY, 20 JAN 2021
... or have $150,000 less at retirement. "The government's Retirement Income Review did not model the impacts to the Federal Budget or the retirement adequacy impacts of the three million Australians withdrawing super early. But it cautioned against early ...

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
... upgraded its 2020-21 GDP growth forecast to an expansion of 0.75% (MYEFO) from a contraction of 1.5% foreseen in the October Budget - leading to a lower unemployment rate and reduced underlying cash deficit (to 9.9% of GDP from 11.0% of GDP). It's ...

The barriers to limited advice: Licensees

ANNABELLE DICKSON  |  MONDAY, 11 JAN 2021
The increasing cost of delivering financial advice coupled with lack of guidance and strategy documents are the major barriers to limited advice, according to licensees. The Australian Securities and Investments Commission's (ASIC) latest consultation ...

Hume promoted to cabinet

ANNABELLE DICKSON  |  MONDAY, 21 DEC 2020
... be promoted to the ministry," Morrison said. "The digital transformation package was a key component of the most recent budget, something I highlighted last year as one of the key areas of our job-making economic plan for Australia and has become even ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... of recessions to stabilise economic output. The proof has been found in the pudding in the Australian government's budget update, MYEFO, with the upward revision in GDP growth forecasts and downward revisions in the outlook for the unemployment rate ...