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Showing 741 - 750 of 2469 results for "Budget"

Australia back in the black

KANIKA SOOD  |  TUESDAY, 2 APR 2019
Australia's budget is back in the black after 12 years, as the Treasurer estimates a surplus of $7.1 billion or 0.4% of the GDP for 2019-20. Federal Treasurer Josh Frydenberg said the Government will put the surplus towards getting rid of the net ...

Budget 2019-20: Social media reacts

KARREN VERGARA  |  TUESDAY, 2 APR 2019
Federal Treasurer Josh Frydenberg ignited mixed reactions on social media when he handed down the 2019-20 Budget tonight. Here's what Twitter accounts had to say. The Liberals boasted achieving a Budget surplus - the first in over a decade. #BREAKING ...

Infrastructure gets $100 billion

KANIKA SOOD  |  TUESDAY, 2 APR 2019
... will put $100 billion towards key transportation infrastructure over the next decade. It adds $25 billion to last year's Budget commitment to spend $75 billion over 10 years in the area. "This includes $2 billion to help deliver fast rail from Geelong ...

Frydenberg makes big promises for small business

ELIZABETH MCARTHUR  |  TUESDAY, 2 APR 2019
... $2 billion fund designed to make sure small businesses are paid on time by government and big business. Delivering the Budget in Parliament, Frydenberg said: "Small businesses are the engine-room of our economy." Frydenberg also announced the instant ...

Budget: RC response to cost over $600m

HARRISON WORLEY  |  TUESDAY, 2 APR 2019
... independent authority set to oversee their conduct over the next three years, as recommended by Commissioner Kenneth Hayne. The Budget also reveals APRA's capability review - which Hayne insisted the Government carry out "as soon as reasonably practicable" ...

Treasurer courts retirees with new superannuation measures

KARREN VERGARA  |  TUESDAY, 2 APR 2019
Federal Treasurer Josh Frydenberg unveiled new superannuation measures on the eve of releasing the 2019-20 Budget in a bid to win over retirees. Frydenberg announced yesterday that 65 and 66-year-olds will be able to make voluntary superannuation contributions ...

Chief economist update: China stitches it in time

BENJAMIN ONG  |  TUESDAY, 2 APR 2019
... returned to expansionary territory." The last time I looked the goings-on in China in early March this year, FactSet said: "Budget deficit target raised to 2.8% from 2.6% last year with CNY2.0T [US$298 billion] in tax cuts announced, including a 3% cut ...

Regulators receive pre-Budget funding boost

HARRISON WORLEY  |  MONDAY, 25 MAR 2019
... weekend, Treasurer Josh Frydenberg announced an extra $550 million would be dedicated to ASIC and APRA in the upcoming Federal Budget, boosting the regulators' budgets by 25% and 30% respectively. ASIC is set to receive an extra $400 million, which Frydenberg ...

Chief economist update: Breaking up is hard to do

BENJAMIN ONG  |  THURSDAY, 14 MAR 2019
... few months. As well as, indications for a continued deterioration in the growth outlook, underscored by the Office for Budget Responsibility's (OBR) downgrade of the UK's growth forecast to 1.2% (from 1.6% in October 2018) this year - in line ...

Chief economist update: Iron ore up or iron ore down?

BENJAMIN ONG  |  TUESDAY, 12 MAR 2019
... economy through fiscal and monetary policies. The price of iron ore is important for the outlook for Australia or as the Budget Papers put it, along with other commodity prices, "a key uncertainty in the outlook for nominal GDP." The Budget Strategy ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI  |   12:01PM
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI  |   11:30AM
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI  |   12:13PM
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI  |   11:50AM
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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