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Showing 591 - 600 of 1755 results for "Budget 2014"

Personal tax cuts lead the Budget

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
Personal tax cuts were on the top of Treasurer Scott Morrison's five-point list to "strengthen the economy" as he opened his Budget night speech. The Federal Government is proposing middle and lower income earners pay up to $530 less in tax, starting ...

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 ...

Labor responds to 'unfair' Budget

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
... handout, making every day Australians pay for it with savage cuts. "All the worst of Turnbull's cuts are still in this budget - the cuts to schools, the cuts to hospitals, and the cuts to pensioners. "Every budget is about choices. Yet again, Turnbull ...

Budget 2018: Social media reaction

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
No sooner had Treasurer Scott Morrison uttered his first words of the 2018 Budget when social media commentators began having their say. Here's how Twitter reacted. "A stronger economy. More jobs. Guaranteeing essential services. The Government living ...

Baby boomers receive $259 million, pension work bonus lifted

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
Working baby boomers who also receive age pensions will now be able to earn up to $300 a fortnight before the Government starts to trim their pension payments. The 2018 Budget initiative formed part of Treasurer Scott Morrison's $258.6 million baby ...

Royal Commission sees increased ASIC, APRA funding

ALEX BURKE  |  TUESDAY, 8 MAY 2018
Both ASIC and APRA will receive additional payments from the Government in light of the financial services Royal Commission. ASIC will receive $10.6 million over two years from 2017-18 and APRA will receive $2.7 million in 2018-19. The Government said ...

Government to ban default life insurance in super

ALEX BURKE  |  TUESDAY, 8 MAY 2018
The Federal Government will mandate that superannuation funds no longer have opt-out life insurance arrangements for members under 25 and those with low balances. Budget papers said this was being done as a means of "protecting Australians' retirement ...

Budget paves way for retirement income framework

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
The Federal Government will accelerate the development of retirement income products and means testing could come as early as 1 July 2019. In Tuesday night's Budget, the Government said it will introduce a retirement income covenant that will require ...

What the associations want from Budget 2018

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
When the clock strikes half past seven and Treasurer Scott Morrison starts to read his speech, here is what Australia's major financial services associations will be hoping for. Financial Planning Association (FPA) In a 45-page pre-budget submission ...

Chief economist update: Budget surplus can wait

BENJAMIN ONG  |  TUESDAY, 8 MAY 2018
... and everywhere to buy votes - yours, mine and our dogs - as evident by the leakages galore ahead of tonight's Federal Budget "smoke out" in Canberra. Canberra will give back some of the wealth to we, the people. According to the The Guardian, Scott Morrison ...