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Showing 61 - 70 of 295 results for "Tax cuts"

Chief economist update: Splish splash, budget cash

BENJAMIN ONG  |  WEDNESDAY, 7 OCT 2020
... minus 3.0% the following year. As the Budget 2020-21 papers reveal, the government would need less deficit spending - tax cuts, business incentives, welfare expenditure - in the coming years as this year's budget reverses a predicted economic contraction ...

Sweeping tax cuts announced

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... car parking and electronic devices provided to employees. The government has brought forward $17.8 billion of personal tax cuts to over 11 million individuals and backdated them to July 1. The stage two tax cuts increases the low income tax offset from ...

Opposition in opposition: Labor responds

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... climate change, fixes employment crisis and ends inequality. Taking to Twitter, Bandt said the Greens will be fighting the tax cuts, which he said are benefitting the super-wealthy. Bandt also called on Labor to help block the tax cuts and pressured ...

Government declares record deficit, super reforms

JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
... this year in a bid to increase spending and boost economic activity. The government will bring forward its legislated tax cuts by two years, lifting the 19% threshold from $37,000 to $45,000, and lifting the 32.5% threshold from $90,000 to $120,000. ...

Tax concessions, infrastructure in focus for budget

ELIZA BAVIN  |  FRIDAY, 2 OCT 2020
... The Prime Minister has given an indication of what will be revealed in next week's federal budget with a focus on tax cuts and increased infrastructure spending. Prime Minister Scott Morrison gave the insight during his National Press Club address ...

Chief economist update: Australia's third arrow

BENJAMIN ONG  |  WEDNESDAY, 30 SEP 2020
... Federal Treasurer Josh Frydenberg is expected to announce a growth boosting budget that includes bringing forward income tax cuts, new infrastructure and energy infrastructure spending, business incentives including a wage incentive scheme to encourage ...

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
... Federal Treasurer Josh Frydenberg is expected to announce a growth boosting budget that includes bringing forward income tax cuts, new infrastructure and energy infrastructure spending, business incentives including a wage incentive scheme to encourage ...

What to expect from the Retirement Income Review

KANIKA SOOD  |  FRIDAY, 24 JUL 2020
... inconsistent with the purpose of super could survive. You could use that money for budget repair and personal income tax cuts." In the interests of transparency, it is critical this report is immediately released to the public so its findings can be ...

US faces deepest recession on record

ALLY SELBY  |  FRIDAY, 3 APR 2020
... said. "Given the severity of the downturn, we think more fiscal stimulus will be needed." These could include payroll tax cuts and rebates, more unemployment benefits, an infrastructure bill and additional funding for small businesses. She predicts US ...

Chief economist update: Working nine to five, barely getting by

BENJAMIN ONG  |  THURSDAY, 20 FEB 2020
... credit each month decreased 28% to $453 per month." And that, ladies and gents, is after the Morrison government's tax cuts in July last year and the RBA's three 25 basis point rate cut each in June, July and October - indicating that both monetary ...