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Showing 71 - 80 of 836 results for %22Federal Budget%22

War in Ukraine sparks defence spend

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... significantly due to Russia's invasion of Ukraine, has prompted a $270 billion commitment to defence spending in the Federal Budget. The increased allocation to defence will bring Australia's defence spending above 2% of GDP for the first time in 20 ...

Floods, fires, plagues catered to in Budget

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... natural disasters, including the devastating floods in New South Wales and South-East Queensland, have prompted a Federal Budget response. "Nothing I say can overcome the personal pain and loss of so many Australians. We will stand with these communities ...

Excise tax, super top budget worries

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
In the lead up to tonight's Federal Budget, economists agree that the election is likely to be firmly on the government's agenda - with popularity possibly trumping the effectiveness of policies. In December's mid-year economic and fiscal outlook ...

Government flags $17.9bn infrastructure spend

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
Ahead of the Federal Budget this evening, the government has announced a $17.9 billion infrastructure spend across the country. The new announcements will see the government's rolling 10-year infrastructure investment pipeline will increase from ...

Accountants lobby for 10 budget reforms

ELIZABETH MCARTHUR  |  MONDAY, 28 MAR 2022
... Accountants Australia and New Zealand (CA ANZ) has outlined 10 proposals put to the Treasurer in the lead up to the Federal Budget. First, CA ANZ wants to see the annual superannuation cap replaced with a lifetime contribution cap and provided for joint ...

Key Budget measure won't help economy: Academic

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
A Macquarie Business School academic has said one-off payments like those expected in next week's Federal Budget won't do anything to address long-term structural issues in Australia's economy. A one-off payment to combat the rising cost of living is ...

Government vows support for SMEs, self-funded retirees

JAMIE WILLIAMSON  |  THURSDAY, 24 MAR 2022
Small business owners and self-funded retirees will get a boost out of the upcoming Federal Budget, with the government pledging to lower uplift rates, digitalise trust income reporting and improving the pay-as-you-go (PAYG) system. Announced yesterday ...

Childcare key to super gap

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 MAR 2022
Ahead of the Federal Budget next week, new research shows making childcare more affordable could close the gender gap in superannuation savings. Currently, women retire with almost a third less super than men on average, but a new report from Industry ...

$450 super threshold scrapped

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
... no matter how little each month. The government first announced it would scrap the $450 threshold in last year's federal budget, handed down in May. However, the legislation to do so was delayed for much of the year and, due to be considered in the final ...

Super baby bonus proposed

JAMIE WILLIAMSON  |  TUESDAY, 8 FEB 2022
... Australians. Its removal has bipartisan support and the legislation containing the measure was tabled late last year. "With the federal election due in the coming months, there are only a handful of days left to ensure this critical reform is passed ...