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Showing 41 - 50 of 113 results for "Receipts"

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 ...

Peak iron ore?

BENJAMIN ONG  |  WEDNESDAY, 20 SEP 2017
... Federal Treasury that showed "every $US10 a tonne change in the price results in $A1.4 billion increase or decrease in tax receipts, and $A6 billion change in nominal GDP... For 2017/18, the impact will be greater, with every $US10 a tonne change impacting ...