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Showing 901 - 910 of 1756 results for "Budget 2014"

Tme to get fiscal

BENJAMIN ONG  |  FRIDAY, 27 FEB 2015
"If I listened long enough to you I'd find a way to believe that it's all true..." - Tim Hardin Data releases over the past few weeks have vindicated the "crisis" duo of Australian Prime Minister Tony Abbott and his cigar-smoking Treasurer Joe Hockey. ...

Tightening of super tax concessions far from guaranteed

MARK SMITH  |  WEDNESDAY, 25 FEB 2015
Treasury's Rob Heferen has said that while media reports and industry stakeholders seem convinced a government raid on super tax concessions is on the horizon, that outcome is far from guaranteed. Treasury's recent tax expenditure statement showed that ...

Beauty in(foreign) beholders' eyes

BENJAMIN ONG  |  FRIDAY, 20 FEB 2015
Earlier this month, the Reserve Bank of Australia (RBA) released its Statement on Monetary Policy, detailing the reasons for the why and the wherefore it decided to cut the official cash rate by 25 basis points to a record low 2.25%. "...over recent ...

Remove 10% rule for deductible contributions: SMSF Association

LAURA MILLAN  |  TUESDAY, 17 FEB 2015
The SMSF Association has argued for the removal of the 10% rule for tax deductible voluntary contributions to allow all employees access to deductions to superannuation contributions. "Removing the 10% rule would alleviate the red-tape burden for businesses ...

Australia fails to attract foreign investors: FSC

LAURA MILLAN  |  MONDAY, 16 FEB 2015
A combination of out-dated regulation and taxation settings is preventing Australia from exporting managed funds and its skills in managing foreign capital, the Financial Services Council (FSC) said in its pre-budget submission. The FSC asked the government ...

FPA asks for tax deductible advice in budget submission

LAURA MILLAN  |  THURSDAY, 12 FEB 2015
Financial planning fees should be tax deductible to give Australians more incentives to seek advice, the Financial Planning Association (FPA) said in its submission for the 2015/2016 Federal Budget. "It is up to policy makers and associations such as ...

Allow couples to hold joint super accounts: Rice Warner

LAURA MILLAN  |  TUESDAY, 10 FEB 2015
Married couples should be allowed to have a joint account for their superannuation, Rice Warner proposed in its pre-budget submission to Treasury. "We set out the logic of this arrangement in a newsletter last year and had positive feedback from the ...

Tsipras has a dream

BENJAMIN ONG  |  TUESDAY, 10 FEB 2015
"Greece has now become like herpes to the Eurozone, once you catch it you can't get rid of it." This is what I typed on this space way back in June 2011 when the Europeans were in the midst of a sovereign debt crisis with Greece at the epicentre of ...

ASIC chair discloses travel expenses

ALEX BURKE  |  WEDNESDAY, 4 FEB 2015
ASIC chair Greg Medcraft has revealed a $45,000 travel expense budget in the six months to December 2014. This figure includes expenses for Medcraft and his staff, and covers trips to London, Milan and Rio di Janeiro for meetings pertaining to Medcraft's ...

Super tax subs worth $30bn in 2014

ALEX DUNNIN  |  TUESDAY, 3 FEB 2015
... contributions and the concessional tax rates that apply to superannuation entities. Treasury estimates these cost the Commonwealth Budget $29.7 billion in 2014. Recognising the hypthetical nature of these estimates, Treasury this year has also published ...