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Showing 651 - 660 of 2469 results for "Budget"

Super tax concessions out of hand

HARRISON WORLEY  |  MONDAY, 24 FEB 2020
... increase in cost of super's tax concessions represents a failure in policy, because the system was designed to reduce the budget cost of the age pension. More, the Institute believes the system has become unfair, predominantly favouring high income households ...

Chief economist update: Working nine to five, barely getting by

BENJAMIN ONG  |  THURSDAY, 20 FEB 2020
... 2.5% (could it be that the Morrison government is reining in expenditure on public servants' pay rises to ensure a budget surplus? Just saying.). Wages may still be growing but this masks the fact that the growth in nominal wages is being eaten up ...

SMSFs interrupted in 2019: SuperConcepts

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
... proposed start date of 1 January 2020 haven't actually been passed into law. "The government was in election mode when the budget was announced last year though, so most of the measures were good news for SMSFs," he said. One proposed change that has ...

Advice complaints low: AFCA

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
In an update to the SMSF Association conference, the Australian Financial Complaints Authority has revealed complaints about financial advice are minimal. Addressing the conference, Ian Donald and Shail Singh, both ombudsmen at AFCA, said investments ...

Fund managers driven to alternatives: Report

ELIZA BAVIN  |  TUESDAY, 18 FEB 2020
... between different multisector managers. "What is notable is the magnitude of the allowable ranges and the portion of the budget currently being used," the report said. "Pendal introduced an alternative allocation into its strategic asset allocation in ...

Coronavirus to infect Q2: Capital Group

ALLY SELBY  |  FRIDAY, 14 FEB 2020
... believe that most of that borrowing is in fact government borrowing," he said. "So when you put those numbers into the budget, you get an estimate of somewhere around 10-15% of GDP deficit." That's quite the difference from official figures. Government ...

Surplus may not be as advertised: Grattan

ELIZABETH MCARTHUR  |  MONDAY, 10 FEB 2020
Speaking at the Financial Standard Chief Economist Forum, Grattan Institute budget policy and institutional reform program director Danielle Wood explained the much touted federal government surplus may not be all it was cracked up to be. Wood focused ...

Calls for review of advice regulation

HARRISON WORLEY  |  THURSDAY, 6 FEB 2020
... frameworks overseeing financial advice, which it believes alienate consumers and small business from the sector. In its pre-budget submission the peak body for certified practicing accountants, CPA Australia has called on the government to implement ...

Fidelity backs personality tests

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
Fidelity has revealed plans to roll out client personality tests to financial advisers. The international fund manager released its Value of Advice report this week, with research from CoreData, which included insights into the personality types of ...

Aussie stocks burnt in blaze

ALLY SELBY  |  THURSDAY, 23 JAN 2020
... tourism revenue for 2020. However, UBS suggests the bushfire crisis is unlikely to impact the Federal Government's Budget, arguing that with an approximate cost of $500mn for 2019 and 2020 "against an expected budget surplus of $5bn, it seems likely ...