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Showing 71 - 80 of 254 results for "Federal Treasurer"

Chief economist update: Rosy assumptions a Budget surplus make

BENJAMIN ONG  |  WEDNESDAY, 3 APR 2019
"The Budget is back in the black and Australia is back on track." That's how Federal Treasurer Josh Frydenberg opened his Budget 2019-20 speech delivered last night. Well, technically we all will have to wait until next fiscal year for the underlying ...

Record tax receipts, record outlays yet back to surplus

ALEX DUNNIN  |  TUESDAY, 2 APR 2019
... climbing at their fastest rate in 18 years and outlays are climbing at their fastest rate in five years. Yet, Federal Treasurer Josh Frydenberg has been able to declare Australia's first Budget surplus since the 2008 Global Financial Crisis. But ...

In a nutshell: Federal Budget 2019

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2019
Delivering the 2019-20 Federal Budget tonight, Federal Treasurer Josh Frydenberg said the Government has made real progress but there is still work to be done. Off the bat, Frydenberg announced an expected surplus of $7.1 billion - the first surplus ...

Protecting Your Super Package will cross finish line: Treasurer

KARREN VERGARA  |  TUESDAY, 2 APR 2019
Federal Treasurer Josh Frydenberg outlined in the Budget that part of the Protecting Your Super Package has been delayed but flagged it will pass into law before the end of 2019. A new law to enable superannuation fund members with a balance less than ...

Australia back in the black

KANIKA SOOD  |  TUESDAY, 2 APR 2019
... 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 Commonwealth debt in the next decade. ...

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
... Safety Package and an additional $1 billion for the next phase of the Roads of Strategic Importance initiative," Federal Treasurer Josh Frydenberg said. New South Wales will get $7.3 billion in new projects including the Western Sydney rail link ($3.5 ...

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 ...

Frydenberg takes action on banning grandfathered commissions

HARRISON WORLEY  |  THURSDAY, 28 MAR 2019
... benefits from previously grandfathered conflicted remuneration remaining in contracts after 1 January 2021. Federal Treasurer Josh Frydenberg defined conflicted remuneration as the payment of a benefit to a financial adviser that incentivises them to ...

Benchmark APRA against global counterparts: Treasury

KANIKA SOOD  |  FRIDAY, 15 MAR 2019
... Productivity Commission. The first APRA capability review has now commenced, with a three-person panel appointed by Federal Treasurer Josh Frydenberg. The Treasury is seeking responses on the consultation for the next 26 days, through April 10. The terms ...