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Showing 41 - 50 of 114 results for "Receipts"

Record tax receipts, record outlays yet back to surplus

ALEX DUNNIN  |  TUESDAY, 2 APR 2019
Australian Commonwealth Budget receipts are climbing at their fastest rate in 18 years and outlays are climbing at their fastest rate in five years. Yet, Federal Treasurer Josh Frydenberg has been able to declare Australia's first Budget surplus ...

Chief economist update: Iron ore up or iron ore down?

BENJAMIN ONG  |  TUESDAY, 12 MAR 2019
... FOB in the iron ore price results in a decrease in nominal GDP of an equivalent amount" and an increase/decrease in tax receipts of around AS$1.2 billion in 2018/19 and A$3.6 billion in 2019/20. With iron ore prices averaging around US$72.31/tonne so ...

IRESS lead moves to Chi-X

KANIKA SOOD  |  THURSDAY, 10 JAN 2019
... in partnership with Deutsche Bank through a new security. Deutsche Bank issued a security called transferable custody receipts (TraCRs ) to invest in overseas stocks with local trading on Chi-X Australia.

MYEFO: Regulatory funding increases, Budget surplus doubles

DARREN SNYDER  |  MONDAY, 17 DEC 2018
... services for older people and their families seeking to address elder abuse. MYEFO also showed superannuation fund tax receipts have been revised up by $400 million in 2018-19, and revised down by $2.4 billion over the four years to 2021-22. Total tax ...

Chi-x opens up access to tech darling Apple

KANIKA SOOD  |  MONDAY, 8 OCT 2018
... international tech stock Apple in partnership with Deutsche Bank. Deutsche Bank has issued a security called transferable custody receipts (TraCRs) that will give Aussie investors exposure to the financial performance of Apple's shares with local trading. ...

Chief economist update: Surplus here we come

BENJAMIN ONG  |  WEDNESDAY, 26 SEP 2018
... 2017/18 Budget. The better-than-expected improvement in the government's underlying cash balance was due to higher tax receipts (of $446.9 billion - $13.9 billion more than originally forecast), lower payments (of $452.7 billion - $6.9 billion less ...

What the 2018 Budget means for you

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
... and 2021-22, government expenditure is projected to jump 17% or $77 billion from $459.9 billion to $537.3 billion while receipts are projected to jump $109 billion or by 24%. Expenditure is thus projected to grow slower than the expected 19% increase ...

Budget big picture: Surplus on radar

ALEX DUNNIN  |  TUESDAY, 8 MAY 2018
Treasurer Scott Morrison, in his third Commonwealth Budget reports that government receipts rising 8.6% during 2017-18, compared to expenditure rising 4.7%, leaves Australia with an annual deficit of $18.2 billion and on its way to a modest $2.2 billion ...

Chief economist update: Budget surplus can wait

BENJAMIN ONG  |  TUESDAY, 8 MAY 2018
... Canberra will give back some of the wealth to we, the people. According to the The Guardian, Scott Morrison "noted that tax receipts until February were running $4.8 billion higher than forecast by the Treasury last December, including a $1.2bn boost ...

Chief economist update: As luck would have it

BENJAMIN ONG  |  FRIDAY, 23 FEB 2018
... A$6.5 billion to nominal GDP in FY2018-19 and A$14.1 billion over the next fiscal year - times three. Similarly, tax receipts would increase by A$1.3 billion and A$4.2 billion, respectively. Still, it's by no means assured that iron ore prices will remain ...