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Showing 41 - 50 of 178 results for %22Australian Labor Party%22

LICs defy franking credit refund changes

KARREN VERGARA  |  TUESDAY, 22 JAN 2019
... of franking credit refunds, two listed investment companies are rewarding shareholders with special dividends. The Australian Foundation Investment Company (AFIC) and Mirrabooka announced they will pay special dividends fully franked of eight cents and ...

Knowledge, action gap puts SMSF savings at risk: Research

JAMIE WILLIAMSON  |  MONDAY, 19 NOV 2018
... transfer balance cap once again moved the superannuation goal posts and the recently proposed changes by the Australian Labor Party to remove franking credit refunds could result in a significant reduction in retirement income for many Australians, particularly ...

ALP victory to have meaningful impact: Daintree

HARRISON WORLEY  |  FRIDAY, 9 NOV 2018
... different policies that we need to deal with." According to Tyler, a Labor victory would have a meaningful impact on Australian markets, with the former CFS portfolio manager adding Australian investment portfolios were "overweight" equities. "One of ...

Afterpay faces senate inquiry

KARREN VERGARA  |  FRIDAY, 19 OCT 2018
The Labor party will launch a senate inquiry into whether regulation around payday lenders such as Afterpay is adequately protecting low and middle income, and financially stressed Australians. Labor senator Jenny McAllister said yesterday that the ...

Part-time work widens super gender gap

KARREN VERGARA  |  WEDNESDAY, 26 SEP 2018
Women approaching retirement will have 37% less in their superannuation balance than men, latest figures from the Australian Bureau of Statistics show. Women aged between 55 to 64 years old will have an average of $196,000, while men retire with a significantly ...

Franking credits inquiry launched

HARRISON WORLEY  |  THURSDAY, 20 SEP 2018
... Committee on Economics will investigate the implications of removing refundable franking credits. The review comes after the Labor Party committed to removing the cash rebate investors receive from excess dividend imputation credits if it won the next ...

Labor commits $400m to gender super gap

JAMIE WILLIAMSON  |  WEDNESDAY, 19 SEP 2018
... average super balance in 2015-16 at age 60-64 was $270,710 for men and $157,050 for women. "Labor believes that no Australian should be penalised for taking time out of paid work to have children. That is why a Shorten Labor Government will ensure that ...

Australia's weekus horribilis

BENJAMIN ONG  |  MONDAY, 27 AUG 2018
... horribilis" proved, it's that financial markets hate uncertainty. The week of 20-24 August began with a challenge to sitting Australian Prime Minister Malcolm Turnbull's leadership of the Liberal Party and ended with the sitting Treasurer Scott Morrison ...

Leave dividend imputation system as is: Plato

KARREN VERGARA  |  WEDNESDAY, 4 JUL 2018
... he's pleased charities and not-for-profits are exempted from the changes, low income earners with small holdings in Australian shares will be worse off. He added the proposals were "very discriminatory," particularly against SMSFs. Members of mature ...

Super fund names new board director

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
... current councillor and former mayor of Penrith City Council Karen McKeown to its board. McKeown has also been endorsed as the Labor party's candidate for Penrith at the 2019 state elections. Meanwhile, former LGS chief executive Peter Lambert recently ...