Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 49 results for "Brackets"

Investors the biggest losers in 2026 Budget

KARREN VERGARA  |  WEDNESDAY, 13 MAY 2026
... interpretation available," he said. "This is tax reform in name only. Higher taxes, no meaningful reduction in personal tax brackets, a company tax rate well above the OECD average, and new complexity for small businesses and family enterprises." Financial ...

Replace capital gains discount with income averaging: e61

RIDDHIMA TALWANI  |  THURSDAY, 15 JAN 2026
... the impact of inflation and the lumpiness of gains, which can push low and middle-income Australians into higher tax brackets in a single year. Any reform must still address these two legitimate issues." e61 said a better system would reduce taxable ...

Treasury unveils major super tax changes

JAMIE WILLIAMSON  |  MONDAY, 13 OCT 2025
... workers receive the same fair tax treatment on their retirement savings as everyone else." For women in the lowest income brackets, the change could mean up to $60,000 more in their super balance at retirement, Women in Super said. Super Members Council ...

Average super balance grows to $172k: ATO

KARREN VERGARA  |  MONDAY, 30 JUN 2025
... men had $192,119. The median was $54,349 and $68,568 respectively. Men continue to have higher balances across all age brackets expect for 70- to 74-year-olds, where women had $215,202 and men had $214,749. The ATO's breakdown of income tax positions ...

Group insurance premiums paid by super funds up 7%

ANDREW MCKEAN  |  TUESDAY, 24 JUN 2025
... to $18,400 by age 65, which older members fork out $6.46 a week for. Standard cover lifted through 2024-25 for all age brackets. Younger members under 35 saw modest increases ($4900 on average), while those aged 40 to 55 scored a more noticeable $6300 ...

Cbus increases insurance premiums

ELIZA BAVIN  |  WEDNESDAY, 14 MAY 2025
... disability (TPD) cover from July 5. Those aged between 15 and 25 will see their fees remain the same, but those in older age brackets will be paying slightly more each week. For members working in a manual job and aged between 25 and 34, the weekly cost ...

Treasury flags $23bn in CGT benefits

ELIZA BAVIN  |  WEDNESDAY, 18 DEC 2024
... $22.7 billion - up from $9.2 billion in the prior year. Overwhelmingly, the statement pointed to those in the highest tax brackets reaping the largest benefits from these tax breaks. "In 2021-22 around 990,000 people were impacted by this tax expenditure. ...

Betashares Direct slashes brokerage fees on ASX 300

MATTHEW WAI  |  TUESDAY, 19 NOV 2024
... support their goals in life," he said. "It's clear the desire to invest and grow wealth is shared across regions and income brackets, from high-income urban professionals to families."

Treasury details winners from tax concessions on super contributions

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
... the top income decile receiving 30% of the total benefits, Treasury said. Conversely, individuals in the lowest income brackets, often reliant on government payments, saw a negative share of benefits due to their average personal tax rates being lower ...

It's painful, but it's working: Lowe

CHLOE WALKER  |  WEDNESDAY, 31 MAY 2023
... from what's happened with commodity prices, and with fiscal drag as inflation has pushed people up into higher tax brackets," Lowe explained. "It could have elected to use this revenue to increase spending, but it didn't, if it had that would ...
PAGE:
1
PREVIOUS
NEXT