Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 591 - 600 of 2469 results for "Budget"

Super remains grossly inequitable: Per Capita

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
Australia's superannuation system continues to produce grossly inequitable outcomes between the financial security of Australian men and women in retirement, according to research from Per Capita. The research, titled The Herstory of Superannuation ...

La Trobe launches new loan suite

ALLY SELBY  |  WEDNESDAY, 2 SEP 2020
... of their existing property. Instead of having to cover two repayments, La Trobe will combine the loans with an interest budget, meaning no repayments will be required while debt levels are high during the bridging period. La Trobe says the three key ...

Industry fund underpaid SG to staff

KANIKA SOOD  |  TUESDAY, 1 SEP 2020
... sent the $76,921 (plus $46,821 in interest) to the ATO. The roughly $123,743 total bill was funded out of its staff salary budget, the fund said. Former staff of the fund this month received letters signed by its head of people and culture Sandy Rimagmos ...

Pandemic heightened need for SG increase: ASFA

ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2020
In its supplementary pre-budget submission lodged with the government the Association of Superannuation Funds of Australia (ASFA) called for the SG increase to go ahead and an expansion in the coverage of the Fair Entitlements Guarantee (FEG) scheme. ...

AIST calls for top-ups for low-income ERS recipients

ANNABELLE DICKSON, KANIKA SOOD  |  MONDAY, 24 AUG 2020
... low-income earners who genuinely withdraw the full $20,000. A spokesperson said AIST did not have an estimate of the cost to budget of the top ups, but said it would be several billion dollars. It's just one of several recommendations AIST has made ...

ATO clarifies part disposal rules: DomaCom

ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
... Naoumidis said. It comes as the government allowed proceeds from downsizing part of a home into superannuation in the 2017/18 budget. From July 2018 eligible people have been able to make a downsizer contribution of up to $300,000 without being subject ...

Chief economist update: Escape from Victoria

BENJAMIN ONG  |  FRIDAY, 7 AUG 2020
... total cost of the programme to A$102.2 billion this financial year. Needless to say, this will raise the country's budget deficit than that forecast by the Treasury in its July Economic and Fiscal Update (JEFU). JEFU estimates a Budget deficit of ...

Bain Capital begins restructure reckoning

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
Virgin will cut 3000 jobs, discontinue budget airline Tigerair, suspend long-haul international flights and simplify its fleet, as Bain Capital begins to restructure its new aviation group. The restructure reckoning focuses on six key areas; overhauling ...

Aussies reevaluate retirement prospects

ALLY SELBY  |  MONDAY, 3 AUG 2020
New research has revealed Australians are feeling significantly less confident about their retirement prospects, with many fearing they will have to work longer in the wake of the COVID-19 crisis. Surveying 1000 Australians in June, the CFS Retirement ...

Chief economist update: It's about human life, not human rights

BENJAMIN ONG  |  MONDAY, 3 AUG 2020
... could wipe $9 billion from the national economy and cost hundreds of thousands of jobs - not to mention an even bigger budget deficit. But just as Federal Treasurer Josh Frydenberg said: "The extent of the damage would depend on the effectiveness of ...