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Showing 41 - 50 of 61 results for "Budget papers"

Govt underestimates SMSF Budget impact: BGL

MARK SMITH  |  MONDAY, 16 MAY 2016
... SMSFs with 160,000 members, SMSF administration provider, BGL Corporate Solutions - many more than suggested in the budget papers. BGL is concerned the proposed $1.6 million pension cap will affect at least 15% of SMSFs (ie 85,000 SMSFs with 160,000 ...

Budget delivers blow to aged care

KERRIE SYDEE  |  WEDNESDAY, 4 MAY 2016
... over four years, in a move the government claims was the result of greater than expected growth in expenditure. The budget papers state that the efficiencies will be achieved through "changes to the scoring matrix of the Aged Care Funding Instrument ...

UK to introduce lifetime ISAs

ALEX DUNNIN  |  THURSDAY, 17 MAR 2016
... ensure they do not have to choose between saving for retirement and saving for their first home," notes the official budget papers. Lifetime ISAs will enable any adult under 40 to save up to £4,000 (A$8,000) each year which will be supplemented by a ...

Shadow Treasurer will go to election over super

DARREN SNYDER  |  THURSDAY, 21 MAY 2015
... years," Bowen said. "The rate of growth dwarfs the increase in the scale of age pension costs. Joe Hockey's own budget papers show the cost of the concession doubling over just the next four years to more than $30 billion. "The same Budget papers show ...

Super concessions key to tax review

LAURA MILLAN  |  FRIDAY, 15 MAY 2015
... changes to superannuation tax concessions this term or during the next one if the Coalition is reelected. However, the budget papers showed that the cost of super tax concessions is expected to rise to more than $50 billion by 2018-2019, at a time when ...

Good Budget, bad Budget

BENJAMIN ONG  |  WEDNESDAY, 13 MAY 2015
... in the 2013/14 MYEFO, lowered again to 4.50% in the 2014/15 MYEFO and last night, there was a big thud with the Budget Papers dropping nominal GDP growth in the economy to 3.25%. It's the same thing with the unemployment rate - predicted to be 5.0% for ...

No new taxes on super welcomed

DARREN SNYDER  |  TUESDAY, 12 MAY 2015
... government and treasury to ensure that cost recovery guidelines are applied in raising supervisory levies," he said. The budget papers show the cost of super tax concessions is expected to rise to more than $50 billion by 2018-19, A and Garcia said AIST's ...

Masseurs Tony and Joey

BENJAMIN ONG  |  WEDNESDAY, 14 MAY 2014
... 2014/15 GDP growth, not the feared 0.3 - 0.5 percentage point subtraction. The growth estimates contained in the Budget papers are conservative. Real GDP is forecast to ease from 2.75% in 2013/14 to 2.5% next fiscal year before accelerating to 3.0% in ...

Bored to zzz

BENJAMIN ONG  |  TUESDAY, 6 MAY 2014
... cuts to welfare for I cannot be sure for sure how many of 'em recommendations I would get to read printed on the Budget papers. Relatively calm periods like these should be good for investors...but not with markets either fully or overvalued. Ho-hum... ...

Greens propose scaled super contribs tax

ALEX DUNNIN  |  WEDNESDAY, 12 SEP 2012
... the superannuation taxation subsidies is projected to be $152 billion over the next four years, according to the Budget papers. "It's time that we had a sensible discussion in the community about building a fairer tax system and helping people saving ...