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Showing 531 - 540 of 10771 results for "government"

Investors warned to sell hybrids before phase out

ELIZA BAVIN  |  WEDNESDAY, 26 MAR 2025
... from 2023's overseas banking turmoil where several US and European banks either failed or required rescue, and where government intervention was required to restore stability and "minimise the risk of contagion", APRA said. "Capital is the cornerstone ...

Labor accelerates defence spending

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
The defence portfolio will grow to $57.6 billion over the next decade as the Albanese government tightens national and economic security amid growing geopolitical tensions. As announced last year, the government will invest an additional $50.3 billion ...

Chalmers boosts Help to Buy scheme, construction sector

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
... $90,000 to $100,000 for singles and from $120,000 to $160,000 for joint applications. Under the Help to Buy program, the government provides an equity contribution of up to 40% to support eligible home buyers to purchase a home with a lower deposit and ...

Budget deficit to balloon to $42.1bn

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... the deficit is expected to grow to $42.1 billion in 2025-26 before a gradual decline. Despite the deficit, the Labor government said the bottom line was still in a better position than how it was handed over by the Coalition. "The government's responsible ...

Roads, railways, NBN winners in Budget

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
... through the use of new Low Earth Orbit Satellite technology," the budget papers read. To support regional Australia, the government pledged up to $130 million in secured loans to keep Rex Airlines operational during its extended voluntary administration ...

Green technology, clean energy receive Budget boost

MATTHEW WAI  |  TUESDAY, 25 MAR 2025
Aligned with the Future Made in Australia agenda, the government is continuing to invest billions into green technologies and the energy transition. The federal government has also allocated funding for innovative technology and clean energy manufacturing ...

Tax rules clarified for managed investment trusts

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
The government will amend tax laws to clarify the treatment of managed investment trusts to ensure "legitimate investors" keep their concessional withholding tax rates in Australia. Federal Budget documents said that change complements the Australian ...

Payday super on track, but so is the $3m super tax

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
A breakdown of government revenue revealed the superannuation sector will contribute $25.6 billion to the government's bottom line in 2025-26 - an uplift of $9.7 billion since the MYEFO from taxes on the sector. "The upgrade to superannuation fund ...

New tax cuts for every Australian 'a complete joke': UNSW

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
... settings. Budget documents said: "These new tax cuts are modest, but they'll make a difference." Last year, the government introduced tax relief measures by cutting two rates and lifting two thresholds - benefiting all taxpayers. The changes included ...

Chalmers' warning on tariffs and trade wars

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... more support for Australian firms to seize new commercial opportunities in India," the Budget said. In addition, the government has boosted defence spending with a $330 billion investment in the Defence Integrated Investment Program out to 2033-34, which ...