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Showing 751 - 760 of 9460 results for "income"

Chalmers boosts Help to Buy scheme, construction sector

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
... million, taking the total equity investments to $6.3 billion. This is via increasing property price caps and increasing income caps from $90,000 to $100,000 for singles and from $120,000 to $160,000 for joint applications. Under the Help to Buy program ...

Budget deficit to balloon to $42.1bn

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... average earner around $536 more per year once implemented. Additionally, the government will increase the Medicare levy low-income threshold. Energy bills will also be reduced by $150 this year - costing the government around $1.8 billion. To fight Australia's ...

Payday super on track, but so is the $3m super tax

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... Council (SMC) said the government should use $500 million a year from the super tax windfall to strengthen retirement for low-income workers. "The Low-Income Super Tax Offset (LISTO) has been frozen since it was introduced 13 years ago, effectively cutting ...

New tax cuts for every Australian 'a complete joke': UNSW

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
... unveiling two surprise tax cuts for all Australian taxpayers. From 1 July 2026, the 16% tax rate, which applies to taxable income between $18,201 and $45,000 will be reduced to 15%, with a further reduction to 14% effective from 1 July 2027. This means ...

Non-compete, restraint clauses to be outlawed

JAMIE WILLIAMSON  |  TUESDAY, 25 MAR 2025
... no justification and drag down wages." The ban will apply to all workers who earn less than $175,000, the current high-income threshold under the Fair Work Act. It's estimated about three million workers are impacted by such clauses, including across ...

DBFO reforms package 'pretty disappointing': FAAA

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
... this lifestage, it can be extremely difficult for a consumer to recover their financial position when no longer earning income from personal exertion," Abood said. Abood noted professional advisers have the education, experience, and ethical obligations ...

Australians 'overwhelmed' by retirement: Aware

ELIZA BAVIN  |  MONDAY, 24 MAR 2025
... know they could continue to grow their savings into retirement. "By keeping their super invested, they can draw a flexible income and potentially benefit from a concessional tax rate, which can significantly enhance their financial security in later ...

Tranche 2 of DBFO dumps SOAs, enables 'nudges'

JAMIE WILLIAMSON  |  FRIDAY, 21 MAR 2025
... proposing they do so where it relates to contributions, investment options, insurance held through super, and retirement income. In terms of what personal circumstances may be considered in the provision of that advice, Treasury has suggested the member's ...

SQM places private credit sector on watch

MATTHEW WAI  |  FRIDAY, 21 MAR 2025
... Count recently advised its financial advisers to sell Metrics Credit Partners' private credit funds - the Metrics Direct Income Fund, Metrics Master Income Trust and Metrics Income Opportunities Trust. At the time of publication, no explanation was given ...

TAL nabs AIA strategy lead

ELIZABETH FRY  |  THURSDAY, 20 MAR 2025
... Overall, his work helped improve price competitiveness - one of the company's major growth strategies in the retirement income market. At CommInsure, Archer introduced private credit as a new asset class and designed liability-driven investments ...