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Showing 71 - 80 of 212 results for "Super tax"

Generational wealth gap continues to widen

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... the ageing population in Australia means there are more voters of an older age, and politicians court those votes. The super tax concession, Arakkal said, is part of the policy structure that has exacerbated intergenerational inequality. And it's not ...

Budget no cure for hangover from last one

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... budget that Birks said was disappointing. There was nothing for paid parental leave, no adjustment to the low-income super tax offset, nothing to address the COVID-19 super gap, the gender super gap or the concerns of older, single women who are currently ...

Tax concessions failing women: Research

ANNABELLE DICKSON  |  TUESDAY, 6 APR 2021
... system of tax concessions are stacked against women," Australia Institute research economist Eliza Littleton said. From super tax concessions, 72% flow onto men and for every dollar of super tax concession going to women, men get $2.52 and for CGT 61% ...

Super tax structure less progressive: RIR

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... contributions above the threshold. For those whose income is below the effective tax-free threshold of $21,884, the low income super tax offset removes the tax penalty on contributions, ensuring the tax on contributions is zero but does not create a ...

SG rise no real benefit to women: Review

JAMIE WILLIAMSON  |  FRIDAY, 20 NOV 2020
... them to have financial security in retirement," AIST chief executive Eva Scheerlinck said. It was also suggested that super tax concessions be reduced for higher-income earners. The review states that while this would reduce the gender super gap it would ...

ISA calls for super tax reform

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... 30-year-old woman earning $40,000 being up to $56,170 better off at retirement. Women would get $291 million of the super tax refunds and the proposal would provide $488 million in super tax breaks to those earning less than $45,000." Industry Super ...

What to expect from the Retirement Income Review

KANIKA SOOD  |  FRIDAY, 24 JUL 2020
... funds and they will all be bigger and much stronger than the funds existing today," Rice Warner said. Grattan bets on super tax, SG rate For Grattan Institute, the focus will be on superannuation tax breaks and SG contributions. Grattan Institute household ...

A man is not a plan: Rice Warner

ELIZA BAVIN  |  MONDAY, 9 MAR 2020
... assistance, review the settings for means testing, and provide more public housing solutions. It also suggested changing super tax concessions, removing the $450 threshold for SG payments, consider providing tax deductibility of financial planning and ...

Grattan calls for lower super fees

HARRISON WORLEY  |  MONDAY, 2 MAR 2020
... comes at a cost". "Either workers have lower living standards while working; or governments give up more revenue for super tax breaks; or taxpayers pay more for pensions," Grattan said. The institute said the inability of successive governments to specify ...

Super tax concessions out of hand

HARRISON WORLEY  |  MONDAY, 24 FEB 2020
... double the rate. Pointing to the latest release of Treasury's Tax Benchmark and Variations Statement, the Institute notes super tax concessions are expected to reach $41.3 billion in 2019-20, and are growing at a rate of 25.2%, leaving them on course ...