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Showing 821 - 830 of 1757 results for "Budget 2016"

Super tax breaks review could save $6.6bn: Grattan

LAURA MILLAN  |  WEDNESDAY, 25 NOV 2015
Better targeting of superannuation contributions tax breaks could save the budget $3.9 billion a year and increasing taxes on superannuation earnings of retirees could raise another $2.7 billion, Grattan Institute research shows. "The current system ...

Super lifetime cap could increase budget costs: Budget Office

LAURA MILLAN  |  MONDAY, 23 NOV 2015
Placing a lifetime cap on voluntary superannuation contributions could actually end up costing more money to the budget, a report by the Parliamentary Budget Office (PBO) commissioned by the Greens found. The Greens commissioned the report in light ...

OPINION: Super is Murray's big rock

ANDREW BRAGG  |  WEDNESDAY, 18 NOV 2015
Properly calibrating the superannuation system is the most important policy change from the Murray review of the financial system. Super could be sharper, leaner and easier to understand. That's why the Murray proposals to define the objective of superannuation ...

Oil price fall forces sovereign funds to switch gears

LAURA MILLAN  |  MONDAY, 16 NOV 2015
Oil and gas export revenues are helping fund three quarters of sovereign wealth fund assets globally, but as oil prices remain lower, sovereign funds are expected to focus on other parts of the economy. Moody's Investors Survey research of global sovereign ...

Super software provider outlines future plans

DARREN SNYDER  |  MONDAY, 9 NOV 2015
Superannuation and investment software provider Financial Synergy has increased its consulting team by 50% in 2015 and is preparing to expand its office space in 2016. Outlining its growth strategy today, Financial Synergy also announced it is adding ...

Deloitte super plan could save budget $6bn

DARREN SNYDER  |  MONDAY, 26 OCT 2015
Financial advisory firm Deloitte suggests a better superannuation tax system would be to update proposals from the Henry Review, as it would not add taxes to either earnings or benefits. Labeled a "circuit breaker" the updated plan would see every Australian ...

NAB enters into MOU with Nippon Life

ALEX BURKE  |  THURSDAY, 15 OCT 2015
NAB has entered into a memorandum of understanding with Nippon Life to build a life insurance partnership. The goal, according to NAB's ASX statement, is to "[enter] a long-term partnership in life insurance product manufacturing," although NAB added ...

Tax conversation in a bubble

DARREN SNYDER  |  THURSDAY, 8 OCT 2015
Tax accounting firm H&R Block has weighed in on the national tax debate, suggesting there is a danger the conversation is being held in a bubble between "pontificating politicians, policy nerds, lobby groups, academics and media types." H&R Block director ...

New laws define inactive super members

DARREN SNYDER  |  WEDNESDAY, 30 SEP 2015
The federal government has released draft legislation aiming to reduce red tape for superannuation funds and individuals by streamlining lost and unclaimed super administrative arrangements. Under the new laws a super member will be considered inactive ...

Financial services most at risk from disruption

MARK SMITH  |  THURSDAY, 24 SEP 2015
The banking and financial services industry is uniquely placed to suffer most from the wave of digital disruption that is sweeping the world. That's according to Citi managing director of customer experience Linda Duncombe, who opened the Afiniation ...