Search ResultsShowing 71 - 80 of 100+ results for "Morrison"
Personal tax cuts lead the Budget
KANIKA SOOD  |  TUESDAY, 8 MAY 2018
Personal tax cuts were on the top of Treasurer Scott Morrison's five-point list to "strengthen the economy" as he opened his Budget night speech. The Federal Government is proposing middle and lower income earners pay up to $530 less in tax, starting ...
Budget big picture: Surplus on radar
ALEX DUNNIN  |  TUESDAY, 8 MAY 2018
Treasurer Scott Morrison, in his third Commonwealth Budget reports that government receipts rising 8.6% during 2017-18, compared to expenditure rising 4.7%, leaves Australia with an annual deficit of $18.2 billion and on its way to a modest $2.2 billion ...
Labor responds to 'unfair' Budget
KARREN VERGARA  |  TUESDAY, 8 MAY 2018
... Malcolm Turnbull twice to get that tax relief." It's a proposal, Bowen said, that is "completely reckless." In his speech, Morrison said Australians earning more than $41,000 will only pay 32.5 cents in the dollar all the way up to the top marginal tax ...
Budget 2018: Social media reaction
DARREN SNYDER  |  TUESDAY, 8 MAY 2018
No sooner had Treasurer Scott Morrison uttered his first words of the 2018 Budget when social media commentators began having their say. Here's how Twitter reacted. "A stronger economy. More jobs. Guaranteeing essential services. The Government living ...
Baby boomers receive $259 million, pension work bonus lifted
KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... before the Government starts to trim their pension payments. The 2018 Budget initiative formed part of Treasurer Scott Morrison's $258.6 million baby boomer package. This is an increase of $50 a week or $1300 a year from the current limit. For the first ...
Budget paves way for retirement income framework
KARREN VERGARA  |  TUESDAY, 8 MAY 2018
... Retirement (CIPRs) - products that provide individuals income for life - no matter how long they live. Treasurer Scott Morrison said a position paper will be released for consultation shortly, outlining its proposed approach to the covenant. From 1 July ...
What the associations want from Budget 2018
KANIKA SOOD  |  TUESDAY, 8 MAY 2018
When the clock strikes half past seven and Treasurer Scott Morrison starts to read his speech, here is what Australia's major financial services associations will be hoping for. Financial Planning Association (FPA) In a 45-page pre-budget submission ...
Chief economist update: Budget surplus can wait
BENJAMIN ONG  |  TUESDAY, 8 MAY 2018
... out" in Canberra. Canberra will give back some of the wealth to we, the people. According to the The Guardian, Scott Morrison "noted that tax receipts until February were running $4.8 billion higher than forecast by the Treasury last December, including ...
RECAP: Advice in the Royal Commission spotlight (Day 4 and 5)
KANIKA SOOD  |  FRIDAY, 20 APR 2018
... CBA executive general manager, Commonwealth Private Marianne Perkovic acknowledged. Meanwhile Federal Treasurer Scott Morrison , while door stopping in Sydney said he had great confidence in ASIC's ability to deal with matters raised during RC. In contrast ...
Government ramps up ASIC powers
ALEX BURKE  |  FRIDAY, 20 APR 2018
... increased criminal and civil penalties for corporate misconduct and boosted ASIC's surveillance powers. Treasurer Scott Morrison and Minister for Revenue and Financial Services Kelly O'Dwyer said the new penalties "represent the most significant increases" ...
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