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Showing 581 - 590 of 6133 results for "Australians"

Budget deficit to balloon to $42.1bn

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... were three years ago," Chalmers said. "This progress has been exceptional, but not accidental. The credit belongs to Australians in every corner of our country. We've come a long way, but there's more work to do." Two new "modest" tax cuts will ...

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

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... reforms, which she said would be a "game changer". "Fixing the scourge of unpaid super is urgent - the 2.8 million Australians who miss out on some or all of their super contributions each year cannot afford to wait a day longer for these reforms," Schubert ...

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

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
... between $18,201 and $45,000 to 16%. When combined with the tax cuts announced today, the average annual tax cut for Australians will increase to $2229 in 2026-27 and $2548 in 2027-28 - about $50 per week. However, UNSW emeritus professor Peter Swan said ...

Government makes record commitment to Medicare

MATTHEW WAI  |  TUESDAY, 25 MAR 2025
... reduce the PBS co-payment from $31.60 to $25 from 1 January 2026. The PBS investment will allow more than five million Australians to cumulatively save more than $200 million each year. It comes as the PBS co-payment was frozen for a year, and five years ...

DBFO reforms package 'pretty disappointing': FAAA

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
... it follows more than three years of time and resources invested in efforts to deliver high-quality advice to more Australians. "Our single biggest concern in relation to the draft legislation is that it appears to give super trustees the ability to collectively ...

Government plans to develop 'fit for purpose' digital asset regime

ANDREW MCKEAN  |  MONDAY, 24 MAR 2025
... and capital markets. "We want to seize these opportunities and encourage innovation at the same time as making sure Australians can use and invest in digital assets safely and securely with appropriate regulation," they said. On Friday, the government ...

Australians 'overwhelmed' by retirement: Aware

ELIZA BAVIN  |  MONDAY, 24 MAR 2025
Sixty-three percent of Australians aged 45 and over are concerned or anxious about retirement according to Aware Super's State of Retirement report, with almost nine in 10 people worried they will run out of money. The research found one in 10 people ...

Tranche 2 of DBFO dumps SOAs, enables 'nudges'

JAMIE WILLIAMSON  |  FRIDAY, 21 MAR 2025
... benefit to consumers. It will also expand access to financial advice about savings, retirement and insurance for all Australians," minister for financial services Stephen Jones said. "The government continues to develop legislation to modernise the best ...

SQM places private credit sector on watch

MATTHEW WAI  |  FRIDAY, 21 MAR 2025
... rapid increase in wholesale fund offerings which we think has been driven in part by a rapid increase in the number of Australians who now qualify as a sophisticated wholesale investor/high-net-worth individual," Christopher said. "As our financial regulators ...

Jones calls out super sector, hints at more reform

ELIZA BAVIN  |  THURSDAY, 20 MAR 2025
... with their members because if there is an issue now, it's only going to get bigger over the decade ahead as more Australians rely on their superannuation as an increasing part of their retirement income." Speaking on the reforms the Albanese government ...