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Showing 671 - 680 of 1755 results for "Budget 2014"

Government fintech agenda spotlights microbanking

ALEX BURKE  |  TUESDAY, 9 MAY 2017
The Federal Government will open the doors to disruption in the banking sector as part of changes to its revised fintech investment agenda. The 2017-18 Budget includes provisions for newer entrants into the banking industry, including the relaxing the ...

Major banks receive Budget shakeup

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
The major banks will be slugged $6.2 billion via a new levy to level the playing field for the banking sector. "This represents a fair additional contribution from our major banks and will assist with budget repair by at least $1.5 billion per year," ...

Government debt on its way to $606bn

ALEX DUNNIN  |  TUESDAY, 9 MAY 2017
Treasurer Scott Morrison's expansionary second budget, bankrolled by government receipts rising more than 6% per annum compared to expenditure rising by 4% per annum, sets Australia on the road towards a surplus by 2020 but one supported by record Commonwealth ...

Downsizing measures present advice opportunities

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
Financial planners will have an easier time preparing for and sustaining clients throughout retirement thanks to new measures for retirees wishing to downsize the family home. It also presents a number of advice opportunities. The Federal Budget proposes ...

Infrastructure receives $75 billion boost

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
The Federal Government is looking to the private sector to help deliver "more innovative ways" to boost infrastructure funding. Delivering the 2017 Federal Budget, Treasurer Scott Morrison said the Government is expanding into equity and debt financing ...

Australian economy proceeding according to projections

BENJAMIN ONG  |  TUESDAY, 9 MAY 2017
Australian economic and survey data released over the past 24 hours provide further credence to the Reserve Bank of Australia's (RBA) optimism over the economic outlook and at the same time afford federal treasurer ScoMo the right to give Moody's recent ...

Budget Eve

BENJAMIN ONG  |  MONDAY, 8 MAY 2017
... assessment and outlook for the domestic economy. Not only would a lift in Australia's growth outlook look good for his Budget - the budget deficit to GDP would be lower if GDP is higher - but it's also consistent with the Reserve Bank of Australia's ...

Victorian DB liabilities hit $44bn

ALEX DUNNIN  |  WEDNESDAY, 3 MAY 2017
Victoria's state budget is projecting a 13% reduction in its superannuation liabilities fueled by a positive revaluation of investment expectations and a slight fall in its defined benefit obligations. Victoria's total defined benefit superannuation ...

Treasurer opens the way for increased infrastructure spending

EMMA RAPAPORT  |  FRIDAY, 28 APR 2017
Federal treasurer Scott Morrison is laying the groundwork for a boost in national infrastructure investment after unveiling changes to the way government debt is reported. In his final pre-budget speech, delivered to the Australian Business Economists ...

Confidence slip

BENJAMIN ONG  |  THURSDAY, 13 APR 2017
Boom conditions but waning confidence. This is the message from the latest NAB Business Survey report. The NAB's business conditions index soared by points to a reading of +14 in March, more than reversing the 3-point decline in the previous month. ...