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Showing 51 - 60 of 125 results for "Treasurer Scott Morrison"

Another Budget, another promised surplus

BENJAMIN ONG  |  WEDNESDAY, 10 MAY 2017
... course is that the government's Budget would be in surplus soon (promise!). Let's hear it from Federal Treasurer Scott Morrison's own lips: "Mr Speaker, tonight I announce a fair and responsible path back to a balanced budget. "Having exhausted every ...

Budget undermining super: Labor

KARREN VERGARA  |  WEDNESDAY, 10 MAY 2017
Treasurer Scott Morrison's Budget missed the mark in setting superannuation policies right, proving they cannot be trusted with more than $2.1 trillion in assets, according to the Federal Opposition. Shadow Treasurer Chris Bowen and Shadow Revenue and ...

Budget for the wealthy: Labor

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
Opposition leader Bill Shorten is rejecting claims Treasurer Scott Morrison's 2017-18 Budget is anything like a 'Labor Budget.' Shorten went on Twitter to say the Coalition's budget is "out of touch", as a Labor Budget wouldn't slash school funding ...

What the 2017 Budget means for you

DARREN SNYDER  |  TUESDAY, 9 MAY 2017
... digestion. Financial advisers will face several challenges as they attempt to navigate clients through Treasurer Scott Morrison's housing affordability package - from the First Home Super Savers Scheme right through to an initiative encouraging older ...

Major banks receive Budget shakeup

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... and create further opportunities for innovative business models in banking that enhance competition," Treasurer Scott Morrison said. The ACCC will also receive $13.2 million over the next four years to complete regular inquiries into specific financial ...

Increased APRA levies provide regulator with more power

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... deregistered and disqualified from holding executive positions, and be stripped of their significant bonuses," Treasurer Scott Morrison said. "Banks will be held to account if they try and hide misconduct by executives with new mandatory reporting requirements. ...

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 ...

Infrastructure receives $75 billion boost

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... 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 to "augment" its infrastructure spending, encouraging the ...

Treasurer launches new financial system inquiry

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... businesses, as well as improve the financial system's productivity and international competitiveness, Treasurer Scott Morrison said. While Morrison did not specifically reference the big four banks, he said the inquiry will focus on "contestability and ...

Terrible tax policies of the last 25 years

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... reduce the tax rate for small businesses to 27.5% - Turnbull/Morrison, 2016 As part of the 2016 Budget, Treasurer Scott Morrison announced a reduction in the tax rate for small businesses with a turnover of less than $10 million to 27.5%. Despite the ...