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Showing 751 - 760 of 1755 results for "Budget 2014"

RBA envy

BENJAMIN ONG  |  MONDAY, 9 MAY 2016
It's May! Time to go away! Somehow I think the Australian equity market didn't get this memo. Like a thumb - not the sore one but the one in the OK sign - the All Ordinaries index stuck out with a 0.8% gain in the first week of May while most others ...

Shorten attacks government's retro super changes

DARREN SNYDER  |  FRIDAY, 6 MAY 2016
Federal Opposition Leader Bill Shorten used his budget reply speech last night to label the government's superannuation changes as "retrospective" and reaffirm Labor's election policy on the $2 trillion industry. On Tuesday the government announced ...

Advisers not impressed with budget changes

KERRIE SYDEE  |  THURSDAY, 5 MAY 2016
More than 50% of advisers believe that the federal budget will have a negative impact on their clients but agree that it will drive an increase in the need for advice, according to a survey from Midwinter. The survey garnered responses from 103 Australian ...

Government acts on income streams review

DARREN SNYDER  |  WEDNESDAY, 4 MAY 2016
Going some way to form the federal government's superannuation budget agenda last night was Treasury's release of the Retirement Income Streams Review. Based on the review's seven recommendations the government has decided to remove tax barriers to ...

Advisers encouraged to review changes carefully

KERRIE SYDEE  |  WEDNESDAY, 4 MAY 2016
A higher than expected number of changes to superannuation delivered in the 2016 federal budget will keep financial advisers on their toes, as they work to update financial plans in line with the changes. From 1 July 2017, the tax exempt status of income ...

Budget delivers blow to aged care

KERRIE SYDEE  |  WEDNESDAY, 4 MAY 2016
Funding to aged-care providers will be cut by $1.2 billion over four years, in a move the government claims was the result of greater than expected growth in expenditure. The budget papers state that the efficiencies will be achieved through "changes ...

Government finds $2.9 billion from super tax

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
The realm of superannuation taxation has shifted with Federal Treasurer Scott Morrison announcing new measures that will deliver a net revenue boost of $2.9 billion over the next four years. After superannuation representative groups welcomed no new ...

Super objective paves way for taxation changes

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
The Federal Government has made several budget announcements around its reaffirmation of enshrining the objective of superannuation in law, including taxing the earnings of Transition to Retirement Income Streams. A joint statement from Treasurer Scott ...

What the budget means for you

MARK SMITH  |  TUESDAY, 3 MAY 2016
The first budget of the Turnbull government will impact financial services companies operating right across the Australian wealth creation value chain from the largest institutions right down to smallest independent advice firms. Treasurer Scott Morrison's ...

Government allocates $920m pa for Smart Cities infrastructure

ALEX BURKE  |  TUESDAY, 3 MAY 2016
As part of its $50 billion infrastructure investment package from 2013-14 to 2019-20, the Government has announced it will allocate $920 million every year to its Smart Cities program. Key components of the program include Roads to Recovery (maintenance ...