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Showing 901 - 910 of 6839 results for "Tax"

Supercharging Australia's climate investment action

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
Australia is one of the world's savviest and highest-performance institutional investor markets, and the way it has embraced climate active and ESG investment strategies is about to be supercharged. After almost a decade-and-a-half of climate and ...

How this budget was built

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... Australia's $2 trillion GDP, it accounts for almost 70% of national exports. As a result, the 9% increase in expected tax receipts for 2022-23 over 2021-22 and the 4% increase in expenditures don't come close to explaining the 23-24 budgetary ...

Federal budget 2023: Winners and losers

TOM WATSON  |  TUESDAY, 9 MAY 2023
... households looking to install batteries, solar systems and energy-efficient appliances, while also providing $310 million worth of tax relief for small businesses willing to do the same. Businesses writing off assets: The small business instant-asset ...

Budget cuts advisers' power bills, admin burden

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... Business Energy Incentive will help about 3.8 million small- and medium-sized enterprises save on their energy bills by way of a tax deduction. Some $310 million in tax relief is set to help SMEs with an annual turnover of less than $50 million. Advice ...

Labor cracks down on unpaid super

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... million Australians, including for young and low-income workers who are most likely to have unpaid super. It will also increase tax revenue by $835 million. ­­ Currently, Australian employees are vulnerable to exploitation if their employer fails to ...

Budget delivers surplus, with a catch

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... taking steps to "strengthen the fiscal position". Measures include targeted superannuation concessions, which will reduce tax concessions available to individuals with balances over $3 million and a 15% global and domestic minimum tax for large multinational ...

Funding boosts ASIC greenwashing remit

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
ASIC will tighten its scrutiny of greenwashing as part of the Labor government's crackdown on protecting investors against investment scams and other misconduct from product issuers. Federal treasurer Jim Chalmers bolstered ASIC enforcement activity ...

Another round of consultation for veteran super taxation

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... Force Retirement and Death Benefits (DFRDB) and Military Superannuation benefits (MSB) schemes are super lump sums for income tax purposes rather than superannuation income stream benefits. The government said this finding is at odds with the original ...

PwC chief exits over scandal

CASSANDRA BALDINI  |  TUESDAY, 9 MAY 2023
Tom Seymour has exited the top job following his involvement in the firm's tax leak breach, as PwC assurance leader Kristin Stubbins takes over in the interim. Following a discussion with the firm's Australian board, PwC announced Seymour would ...

Jones calls for taxonomy to clarify greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 MAY 2023
Assistant treasurer and minister for financial services Stephen Jones said that without a sustainable finance taxonomy, regulators will only be able to catch the "most egregious" examples of greenwashing in Australia. Speaking at the Australian Council ...