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Showing 41 - 50 of 75 results for "Budget submission"

Hands off super: SMSFA

EMMA RAPAPORT  |  MONDAY, 11 SEP 2017
... removing superannuation policy from the annual budget policy cycle. In May, the SMSF Association used its 2017 Budget submission to urge the Federal Government to commit to stability to the superannuation system and resist further changes to the system. ...

FPA pushes tax deductible incentives

KARREN VERGARA  |  TUESDAY, 28 MAR 2017
... deductions of management fees and costs associated with the initial preparation of a financial plan. In its pre-budget submission to the Federal Government, the FPA says ongoing management or annual retainer fees should be tax deductible. Service fees ...

ATO must reunite individuals with lost super: ASFA

EMMA RAPAPORT  |  MONDAY, 13 FEB 2017
... to increase its responsibility in reuniting Australians with millions of dollars in unclaimed super. In a pre-budget submission Association of Superannuation Funds of Australia (ASFA) chief executive Martin Fahy called on the federal government to amend ...

SMSFA calls for concessional caps flexibility

KERRIE SYDEE  |  TUESDAY, 29 MAR 2016
... contribution cap amounts and contribute to their superannuation when their circumstances allow. In its 2016 Budget submission, the SMSF Association urged the Federal Government to end their "use it or lose it" approach to reflect modern work patterns ...

Lump sum withdrawals to fall to 4% by 2025: Rice Warner

KERRIE SYDEE  |  TUESDAY, 29 MAR 2016
... that many retirees rapidly spend their super and fall back on a full Age Pension. Used to support its 2016 pre-budget submission, the Colonial First State Income Stream Index research by Rice Warner and CFS found that 83% of the value of all retirement ...

ISA slams super opt out proposal

MARK SMITH  |  MONDAY, 22 FEB 2016
... Australia's superannuation system, Industry Super Australia (ISA) has said. According to News Corp reports, a pre-budget submission from an unnamed industry group has suggested allowing low-income earners to receive a cash payment instead of superannuation. ...

Industry bodies clash over pension proposal

MARK SMITH  |  MONDAY, 15 FEB 2016
... and Industry (ACCI) proposal to turn the Age Pension into a loan recoverable against the family home. In a pre-Budget submission the ACCI said the Government should consider transforming pension payments to owner-occupiers into a loan that is recoverable ...

Actuaries Institute asks for FSI to be implemented

MARK SMITH  |  MONDAY, 15 FEB 2016
... quickly implement policy proposals that will encourage innovation in retirement income stream products in its pre-Budget submission. The institute restated the proposals it made to the Financial System Inquiry (FSI) which were, in turn, reinforced in ...

FSC proposes Budget fixes to boost fin services exports

STAFF WRITER  |  WEDNESDAY, 10 FEB 2016
... services industry to deliver growth, jobs and new sources of tax collection as the economy transitions." In its Pre-Budget Submission, the FSC has recommended the Government finish the Johnson Review recommendations that a competitive withholding tax ...

Remove 10% rule for deductible contributions: SMSF Association

LAURA MILLAN  |  TUESDAY, 17 FEB 2015
... businesses) and for fund members who need to ensure they comply with the 10% rule," the association said in its 2015 Budget submission to Treasury. Chief executive Andrea Slattery said: "We want to see a recommitment to the long-term goals of superannuation ...