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Showing 651 - 660 of 1755 results for "Budget 2014"

Advisers doubtful over super home deposit scheme

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2017
The practicality of the Federal Government's proposed first home superannuation saver scheme is raising concerns with several financial advisers. HLB Mann Judd wealth management manager Lindzi Caputo said there are still a lot of questions surrounding ...

A one-handed clap for ScoMo's Budget

BENJAMIN ONG  |  TUESDAY, 23 MAY 2017
Australian Federal Treasurer Scott Morrison must be beaming when the Australian Bureau of Statistics (ABS) released the latest update on the country's labour market that showed the unemployment rate dropped from 5.9% in March to 5.7% in April - better ...

Treasury responds to ABA derision over bank levy

JAMIE WILLIAMSON  |  WEDNESDAY, 17 MAY 2017
Secretary to the Treasury has shot down claims from the Australian Bankers' Association that the proposed bank levy disregards Government best practice guidelines. In a submission to Treasury lodged on Monday, ABA chief executive Anna Bligh claimed ...

Banks hoping to stall new tax

JAMIE WILLIAMSON  |  TUESDAY, 16 MAY 2017
Two of the big four banks have called for the Government to hold off on implementing the proposed levy announced in last week's Federal Budget. In submissions to Treasury, both ANZ and Commonwealth Bank identify significant risks to Australia's economic ...

Housing is cooling

BENJAMIN ONG  |  TUESDAY, 16 MAY 2017
There's not much indication from the Australian Bureau of Statistics' (ABS) latest update on property financing. While the number of total dwelling finance commitments continued to decline - down 0.5% in March after a 0.8% fall in February - their value ...

First home buyers: Devil is in the detail for super funds

EMMA RAPAPORT  |  THURSDAY, 11 MAY 2017
Asset consultants and industry associations alike are applauding the introduction of the First Home Super Savers Scheme which they say will help young people to get a foothold in the property market. The scheme, announced as part of the Federal Budget  ...

LRBA loophole for SMSFs removed

EMMA RAPAPORT  |  THURSDAY, 11 MAY 2017
Self-managed superannuation funds will be prevented from circumventing contributions caps through the use of limited recourse borrowing arrangements under new Budget measures. Announced in the Federal Budget this week, from 1 July 2017, the outstanding ...

Government trials social impact investments

KARREN VERGARA  |  THURSDAY, 11 MAY 2017
The Federal Government is pledging more than $30 million in social impact investments aiming to combat social and environmental issues, starting with youth homelessness. Treasurer Scott Morrison revealed in Tuesday's Budget his intentions to source ...

Government bond issuance to fall 20pct

ALEX DUNNIN  |  WEDNESDAY, 10 MAY 2017
Australia's slowly improving Budget position should enable the Australian Office of Financial Management (AOFM) to reduce its annual borrowings next financial year by about 20%. According to a statement released by the AOFM today, with two months left ...

Advice associations respond to Federal Budget

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2017
In the wake of new Budget measures to ease pressures on housing affordability, the Financial Planning Association of Australia reinforced its stance that superannuation should not be made accessible to first home buyers. Under proposals made in the ...