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Showing 1 - 10 of 2253 results for "Budget"

Liberals respond to Federal Budget

ANDREW MCKEAN  |  FRIDAY, 17 MAY 2024
Opposition leader Peter Dutton criticised Tuesday's Budget as highly irresponsible, arguing that the government has exacerbated inflation and incorrectly claimed that any further interest rate increases would be the responsibility of Anthony Albanese ...

CalSTRS appoints chief investment officer

ANDREW MCKEAN  |  THURSDAY, 16 MAY 2024
... will be responsible for developing and implementing CalSTRS investment policies, strategies, and initiatives; managing the budget; and overseeing all CalSTRS investment portfolios. A statement from CalSTRS said he'll draw on his decades of "financial ...

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
Treasurer Jim Chalmers handed down the Federal Budget last night, delivering its second consecutive surplus as well as a raft of measures to ease the cost-of-living crisis. Despite many of the measures presented in the Budget having been announced prior ...

Budget 2024: The Budget by numbers

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
Treasurer Jim Chalmers has unveiled his second consecutive Budget surplus tonight of $9.3 billion this year. This was the first back-to-back surplus in nearly two decades. However, instead of celebrating, Chalmers warned pressures on the Budget would ...

Budget 2024: Stage 3 tax cuts to take effect July 1

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... a year, or $36 a week. "Our new tax cuts for middle Australia are the biggest part of the cost of living relief in this Budget. From July 1, all 13.6 million taxpayers will get a tax cut," Chalmers said. "And for 84% of taxpayers, and 90% of women, a ...

Budget 2024: Change to foreign investment rules

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... Australia's tax law for foreign resident capital gains more closely with the OECD standards and international best practice," the Budget said. Conversely, investments in non-sensitive sectors will be streamlined and approved faster for investors with ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... and financial support services. Treasurer Jim Chalmers announced a raft of cost-of-living relief measures in the Federal Budget, including the already announced tax cuts, increasing the Medicare levy low-income thresholds and power bill relief. "This ...

Budget 2024: Additional $11.3bn promised for housing

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
The Albanese government has made significant new housing investments in the Budget to help deliver a comprehensive Homes for Australia plan. "We're easing the cost of living - and we're building more homes for Australians. In the five years from this ...

Budget 2024: $20k instant asset write-off extended

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
The Federal Budget has extended the $20,000 instant asset write-off by 12 months until 30 June 2025. Small businesses, with an aggregated annual turnover of less than $10 million, will continue to be able to immediately deduct the full cost of eligible ...

Budget 2024: Regulators given boost to combat misconduct, cybersecurity

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
The government will provide $17.3 million over four years to ASIC and APRA to combat greenwashing and other related financial misconduct and help further develop Australia's sustainable finance market. In a bid to promote the development of sustainable ...
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