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Showing 51 - 60 of 113 results for "Receipts"

The bull and bear market in iron ore

BENJAMIN ONG  |  THURSDAY, 20 JUL 2017
... Federal Treasury noting that, "every $US10 a tonne change in the price results in $A1.4 billion increase or decrease in tax receipts, and $A6 billion change in nominal GDP... For 2017/18, the impact will be greater, with every $US10 a tonne change impacting ...

Economic growth slows to 1.7pct but not as bad as feared

BENJAMIN ONG  |  WEDNESDAY, 7 JUN 2017
... forecasts especially as it's counting on growth to lead to a wages boom that it hopes will drive up personal taxation receipts and help the nation reduce its annual deficit and in time enable the country to start paying down on its ballooning government ...

Another Budget, another promised surplus

BENJAMIN ONG  |  WEDNESDAY, 10 MAY 2017
... billion in 2017-18 to a projected surplus of $7.4 billion in 2020-21." This will be achieved through expected higher tax receipts - "as a result of policy decisions including increasing the Medicare levy, introducing a major bank levy, improving the ...

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 ...

MYEFO: Surplus of promises

BENJAMIN ONG  |  TUESDAY, 20 DEC 2016
... forward estimates. Average real growth in payments over the forward estimates is expected to be 1.9% per cent. "Government receipts, although growing, are expected to be affected by softer domestic prices and wages growth. Expected tax receipts, excluding ...

Super tax receipts to reach $8bn: MYEFO

DARREN SNYDER  |  MONDAY, 19 DEC 2016
... continuing backdrop of a challenging global economic outlook," Morrison said. The government expects superannuation fund tax receipts to increase to more than $8 billion in 2016-17, an increase of 8.8% on its pre-election forecasts. It also predicts ...

Cbus launches employer contribution app

ALEX BURKE  |  MONDAY, 21 NOV 2016
... the Cbus Employer Mobile App as "a first of its kind," highlighting features including adding new employees, generating receipts and managing account administration. It's designed for small businesses, which comprise 97% of the super fund's employer-base. ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 1 NOV 2016
... raised the monthly growth in compensation of employees up to 0.3% from 0.1% in August. However, growth in personal income receipts from assets slowed to 0.2% in September from 0.4% in the previous month and income from current transfer receipts eased ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 30 SEP 2016
... drop in profits of non-financial corporations, partly offset by a US$5.6 billion rise in profits of financial companies. Receipts from the rest of the world increased by US$37.5 billion, and payments decreased by US$0.5 billion in the second quarter. ...

Macquarie sells down stake in Atlas Roads

ALEX BURKE  |  MONDAY, 5 SEP 2016
... follows Macquarie overhauling its digital banking service, which includes tagging and tracking transactions, uploading receipts and warranties and managing saving and spending goals. Macquarie banking and financial services head of personal banking Ben ...