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Showing 81 - 90 of 93 results for "Means Test"

OECD vindicates govt super reforms

ALEX DUNNIN  |  WEDNESDAY, 24 JUN 2009
The OECD has vindicated the government's Budget strategy for reforming retirement income policy when it revealed that Australia has the fourth highest poverty rate among the OECD countries for seniors and retirees. The finding lands a fatal blow to ...

Super is a good idea but needs fixing

ALEX DUNNIN  |  TUESDAY, 16 JUN 2009
Superannuation is a good idea but the design of the system to implement it is regressive and flawed, argues Julian Disney, social justice law professor and long time researcher and campaigner on equity issues. Disney said the difficulty is that while ...

Govt continues to target high income HHs

ALEX DUNNIN  |  FRIDAY, 8 MAY 2009
Speculation the government will cut back the health insurance rebate for high income earners lends weight to where it might wield the superannuation axe. A story published this morning in the Australian newspaper reports that the health insurance rebate ...

Budget deficit squeezes pension promises

ALEX DUNNIN  |  FRIDAY, 24 APR 2009
The looming federal budget deficit tipped to exceed $50 billion accompanied by a blow-out in the government's borrowing requirement is threatening the Prime Minister's promise to boost age pensions in next month's budget. Following last year's budget ...

Less tax on financial advice

MICHAEL HOBBS  |  WEDNESDAY, 25 MAR 2009
If the cost of financial advice was to be made tax-deductible, it should be means tested to ensure the right people receive the most benefit. Chris Pearce, shadow minister for financial services, superannuation and corporate law, told an Association ...

Super and pensions under attack

ALEX DUNNIN  |  THURSDAY, 26 FEB 2009
... St Laurence said in addition to boosting pension rates, retirees' family homes should be included in the age pension means test.

Planner To-Do list post Budget

... have a big impact on existing financial plans. "The government's now getting rid of 'high net worth' welfare where the means test is based on the primary earner's income and the baby bonus being based on the family income." Overall, he said there were ...

A fresh take on deductible contributions

RUTH LIEW  |  TUESDAY, 15 JAN 2008
Tax deductibility on personal super contributions has long been a bone of contention among many Australians but a superannuation specialist thinks there's a simpler way to approach the subject. Macquarie Adviser Services head of technical services ...

Daily economic round-up

PETER BELL  |  WEDNESDAY, 25 OCT 2006
The release by the ABS of national CPI data has shown that overall there was a 0.9 per cent increase during the third quarter, tallying to a 3.9 per cent annual rate. This suggests that the coming RBA meeting on 7 November will see the board under pressure ...

IFSA to pressure Government for super tax breaks

... the proceeds of liquidated properties and bequests so that they receive concessional treatment under the Age Pension means test. "Things that are currently non-inclusive within your superannuation should be able to be put into income streams," he said. ...