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Showing 541 - 550 of 4000 results for "Cut"

Consumer confidence rises as inflation expectations drop

ANDREW MCKEAN  |  WEDNESDAY, 6 APR 2022
... effects of the drop in crude prices since March 8 which have declined by nearly 20% since then." Plank also believed that the cut to petrol excise announced in the Budget, depending on volatile oil prices could see petrol prices drop even further in ...

Aussie instos commit $50bn to UK projects

JAMIE WILLIAMSON  |  FRIDAY, 1 APR 2022
AustralianSuper and IFM Investors are among several local institutions that will splash their cash on clean energy, technology, and infrastructure projects in the UK in the coming years. Overnight the UK government announced major investments from AustralianSuper ...

Federal Budget delivers nothing on climate

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 MAR 2022
... Federal Budget, handed down last night, delivered a cash splash for the defence forces and cost of living support, including a cut to the fuel excise. The deficit for 2022-23 is expected to be $78 billion, 3.4% of GDP. Treasurer Josh Frydenberg announced ...

Millions to receive tax offset

TOM WATSON  |  TUESDAY, 29 MAR 2022
... "Under the cuts, the 37% tax bracket will be abolished, the top 45% bracket will start from $200,000 and the 32.5% rate will be cut to 30% for all incomes between $45,000 and $200,000," director of tax communications at H&R Block Mark Chapman said. Away ...

Cash bonus and fuel excise cut

TOM WATSON  |  TUESDAY, 29 MAR 2022
... reverting back to 44.2 cents per litre later in the year, by which time the government expects petrol prices to have softened. The cut is anticipated to flow through to petrol prices around the country in the coming weeks, so drivers will have to wait ...

Big spend on cost of living, defence

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
The 2022 Federal Budget delivered a cash splash for the defence forces and cost of living support, including a cut to the fuel excise. The deficit for 2022-23 is expected to be $78 billion, 3.4% of GDP. Treasurer Josh Frydenberg announced the fuel excise ...

Excise tax, super top budget worries

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... Holden and Oliver agree that the budget is likely to include measures to combat petrol price increases. New Zealand recently cut its fuel excise, with pressure mounting on the government to do the same in Australia. However, cutting the excise is no ...

Key Budget measure won't help economy: Academic

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... fuel price cycle makes it hard to ensure retailers pass on the full savings and many will be tempted to pocket some of the cut," De Mello said. "The budget should be about addressing our long-term energy security and not just splurging taxpayer dollars ...

Childcare key to super gap

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 MAR 2022
Ahead of the Federal Budget next week, new research shows making childcare more affordable could close the gender gap in superannuation savings. Currently, women retire with almost a third less super than men on average, but a new report from Industry ...

Hume, Bragg address Blockchain Week

ELIZABETH MCARTHUR  |  TUESDAY, 22 MAR 2022
... high value daily cryptocurrency transactions - worth more than US$100,000 - was worth US$16 billion when Western countries cut Russia from SWIFT. It quadrupled to US$64 billion just two days later. "It is possible Russian entities are using cryptocurrency ...