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Showing 51 - 60 of 178 results for "Social security"

ScoMo launches $17b stimulus package

ALLY SELBY, ELIZA BAVIN | THURSDAY, 12 MAR 2020

... Pensioners will receive a one-off $750 stimulus payment, which will be tax-free and will not count as income for social security, farm household allowance or veteran payments. The government said the payments will begin at the end of March and over 90% ...

ISA slams ANU research as SG debate rears its head again

HARRISON WORLEY | MONDAY, 20 JAN 2020

... supporting pooling solutions (as it has done recently with rule changes for annuities), while ensuring an appropriate social security safety net is in place." The industry super lobby fired back, poking holes in the methodology of ANU's work and claiming ...

CommInsure eyes deferred lifetime annuities

KANIKA SOOD | FRIDAY, 18 OCT 2019

... annuities. "We have been looking at them for some while. The July 1 regulation changes have provided certainty around social security means testing," CommInsure head of annuities George Lytas told Financial Standard. "They give retirees and planners ...

Grandfathered commissions ban passes

ELIZABETH MCARTHUR | TUESDAY, 15 OCT 2019

... unintended consequences related to products shutting down have not been dealt with, specifically the additional tax and social security losses consumers will face as their investments and super products are closed down." Last month, Lifespan Financial ...

Chief economist update: China's great leap forward 70 years in the making

BENJAMIN ONG | FRIDAY, 27 SEP 2019

... needs to do more stimulation as its recent fiscal stimulus measures - reductions in personal income taxes and social security contribution fees for companies and increased spending on infrastructure and environmental projection - as well as monetary ...

Deeming rate calculations should be independent: Poll

KARREN VERGARA | THURSDAY, 25 JUL 2019

... responsibilities should remain with the Government, according to our spot poll. Deeming rules are a central part of the social security income test for pensioners including Veterans' Affairs allowances, according to the Department of Social Services. ...

Technical Services Forum: Keep advisers informed of change

HARRISON WORLEY | THURSDAY, 11 APR 2019

... appropriate for self-funded retirees, Lowe confirmed advisers needed to be kept informed of which products have social security benefits. "I think there's something there to do around that. We've got a brand new PDS that's coming out, we've ...

Chief economist update: Be fearful when indicators show no fear

BENJAMIN ONG | MONDAY, 18 MAR 2019

... out of reasonable range. Cuts in VAT for manufacturing and other sectors will take effect from 1 April, while social security fees will be reduced from 1 May, offering some support for corporate profitability. Li also pledged multiple measures to lower ...

Amendments to retirement income law assent

HARRISON WORLEY | MONDAY, 11 MAR 2019

... legislation is now law, with several changes made to the legislative framework surrounding retirement income and social security receiving Royal Assent late last week. The Social Services and Other Legislation Amendment (Supporting Retirement Incomes) ...

Tax treatment of granny flats under review

JAMIE WILLIAMSON | FRIDAY, 30 NOV 2018

... reside in their home, either in the same dwelling or a separately constructed dwelling on the property. From a social security perspective, granny flat arrangements can attract gifting concessions in certain situations, meaning that part or all of the ...

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BT appoints new head of strategy

KARREN VERGARA

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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