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Showing 51 - 60 of 73 results for "Low Income Super"

Labor to oppose rise in pension age

JAMES FERNYHOUGH  |  FRIDAY, 16 MAY 2014
Opposition leader Bill Shorten has said Labor will not support the government's bill to lift the Age Pension eligibility age to 70. As part of his budget reply speech in parliament yesterday, Shorten accused the government of 'haranguing' Australians ...

IPA joins calls for LISC reintroduction

MARK SMITH  |  WEDNESDAY, 9 APR 2014
The Institute of Public Accountants (IPA) is urging the Government to reintroduce the Low Income Superannuation Contributions (LISC) to ensure that low income earners are not disadvantaged. As a result of recent taxation changes those earning less than ...

SPAA urges concessional cap rethink

MARK SMITH  |  FRIDAY, 14 FEB 2014
The SMSF Professionals Association of Australia (SPAA) has called for a higher concessional cap and the accurate costing of superannuation taxation concessions in its submission to the federal government's May budget. SPAA also wants the government ...

No silver bullet for gender equity in super: WIS

JAMES FERNYHOUGH  |  MONDAY, 3 FEB 2014
... problem which needs a collaborative, bipartisan effort to address it." Wood urged the government not to axe the Low Income Super Contribution, saying women would be hardest hit by this policy. However she said that super funds and other organisations ...

Inquiry recommends MRRT and LISC be scrapped

MARK SMITH  |  TUESDAY, 3 DEC 2013
The low income superannuation contribution (LISC) looks set to be scrapped following the Senate Economics Legislation Committee's recommendation that the Minerals Resource Rent Tax (MRRT) and Other Measures Bill 2013 be passed. In its report to the ...

Government to discuss alternative funding for LISC

MARK SMITH  |  THURSDAY, 28 NOV 2013
The government has indicated that it may be open to finding other sources of funding to prevent the scrapping of the low income superannuation contribution (LISC). Industry bodies including Industry Super Australia (ISA), the Association of Superannuation ...

Industry bodies call for Government LISC U-turn

MARK SMITH  |  MONDAY, 25 NOV 2013
Industry bodies have called on the Government to reconsider its repeal of the low income superannuation contribution (LISC) in their submissions on the Minerals Resource Rent Tax (MRRT) Repeal and Other Measures Bill 2013. The LISC compensates individuals ...

Parliament to address large financial services agenda

LAURA MILLAN  |  TUESDAY, 12 NOV 2013
The 44th Parliament, which began its first sitting today, is set to address a number of relevant issues affecting the financial services industry. Treasury expects that the Parliament will announce the terms of reference and the panel members for the ...

Nearly 50% of woman to suffer under LISC dumping

JAMES FERNYHOUGH  |  THURSDAY, 7 NOV 2013
Industry Super Australia (ISA) has ramped up its campaign to save the low income superannuation concession (LISC), saying scrapping Labor's plan will hurt almost one in two Australian women. The industry body also claimed that the repeal of the LISC ...

Govt confirms SG delay, kills LICS

MARK SMITH  |  FRIDAY, 25 OCT 2013
The Government has confirmed it will delay the increase in the compulsory superannuation contributions to 12% and that it will abolish the Lower Income Contribution Scheme. Details of the government's plan to stall the lift in the superannuation guarantee ...