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Showing 81 - 90 of 259 results for "Tax cuts"

Chief economist update: Forget asking for a pay rise

BENJAMIN ONG  |  FRIDAY, 18 MAY 2018
... remain stuck in the slow lane until the September quarter of this year. The government's (and Labor's) proposed tax cuts should help mitigate the weakness in household consumption as a result of the continued weakness in wages. Then again, given ...

Chief economist update: Stuck in the very slow lane

BENJAMIN ONG  |  WEDNESDAY, 16 MAY 2018
... has to grow by 0.18% in the June quarter (1.68% year-on-year) to match the Budget 2018/19 forecast of 2.25% growth. The tax cuts embedded in the Budget should also provide some tailwind behind household consumption and so too would the RBA's accommodative ...

Chief economist update: All Ords rising

BENJAMIN ONG  |  TUESDAY, 15 MAY 2018
... be beneficial for Australia. Domestically, both the Coalition government and the opposition Labor Party have promised tax cuts for us, Australians, all. Aside from the fact that no one in their right mind would complain about the government reducing ...

Chief economist update: We're headed for surplus (if assumptions hold)

BENJAMIN ONG  |  WEDNESDAY, 9 MAY 2018
... that aside from the Labor Party (I think the Greens too), most saw the Budget and liked what they see. Why wouldn't we? Tax cuts for businesses and the employed and increased welfare payments for those who aren't, childcare for parents, health for the ...

Budget means Aussies can get more from retirement

HARRISON WORLEY  |  WEDNESDAY, 9 MAY 2018
... said. Coyne added StatePlus wished for Australians planning their retirement to consider using the extra income from tax cuts implemented in the Budget to boost retirement savings. "As specialists in retirement planning we would also encourage working ...

What the 2018 Budget means for you

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
... Australia's $2.6 trillion superannuation system, additional funding to the nation's financial services regulators, personal tax cuts and additional pensioner benefits are the major talking points of Budget 2018. The 2018 Budget is arguably structured ...

Personal tax cuts lead the Budget

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
Personal tax cuts were on the top of Treasurer Scott Morrison's five-point list to "strengthen the economy" as he opened his Budget night speech. The Federal Government is proposing middle and lower income earners pay up to $530 less in tax, starting ...

Moving on up to target

BENJAMIN ONG  |  TUESDAY, 1 MAY 2018
... certainly be a lively debate regarding inflation. The US economic momentum, tight labour market, buoyant consumer spending, tax cuts, tax on imports (steel and aluminium) and the recent surge in oil prices all point to higher inflation over the coming ...

Chief economist update: Not as good as it gets

BENJAMIN ONG  |  MONDAY, 30 APR 2018
... quarter, it is the top contributor to first quarter growth - adding 0.76 pps to overall GDP. This suggests that Trump's tax cuts are bearing fruit as well as explains the inventory re-stocking in the first three months of this year -- all in anticipation ...

Chief economist update: Just a hiccup in a rising trend

BENJAMIN ONG  |  WEDNESDAY, 28 MAR 2018
... hard to get" fell from 15.1% to 14.9% in March. And for those who find jobs, there's less tax to pay thanks to Trump's tax cuts. However, consumers' short-term income expectations remained unchanged net-net with those expecting an improvement in income ...