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Showing 1 - 10 of 32 results for "Budget measures"

Industry welcomes government's productivity push

RIDDHIMA TALWANI  |  WEDNESDAY, 13 MAY 2026
... lifting productivity is essential to sustainably growing wages and improving living standards," Birmingham said. "Budget measures that support productivity growth across the financial services sector are vital to maintaining a strong and competitive ...

Inflation slows, but for how long?

ELIZA BAVIN  |  WEDNESDAY, 26 MAR 2025
... opposite effect. "Despite today's data, we do not believe that the inflation beast has been fully tamed. Yesterday's budget measures indicate that fiscal and monetary policy continues to be at odds, with a number of measures, including the tax cuts ...

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... and delivering a tax system that funds government services more fairly, and more sustainably. Responding to the Budget measures, abrdn chief economist Jeremy Lawson said: "The first Labor budget in almost a decade was about walking a very narrow tightrope. ...

COVID support temporarily improves inequality

KANIKA SOOD  |  MONDAY, 17 MAY 2021
... social, health and disability, education and the environment) and tracks equity over two generations. It says budget measures continue the widening of the gap between the young and the old. "Some parts of the budget will continue the trend towards a ...

Budget measures to drive up super costs

ALEX BURKE  |  MONDAY, 14 MAY 2018
The removal of exit fees and caps on passive fees charged by superannuation funds announced in this year's Budget may have unintended consequences. As per Treasurer Scott Morrison's speech, the Government will introduce a 3% annual cap on passive fees ...

LRBA loophole for SMSFs removed

EMMA RAPAPORT  |  THURSDAY, 11 MAY 2017
... prevented from circumventing contributions caps through the use of limited recourse borrowing arrangements under new Budget measures. Announced in the Federal Budget this week, from 1 July 2017, the outstanding balance of a limited recourse borrowing ...

Advice associations respond to Federal Budget

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2017
In the wake of new Budget measures to ease pressures on housing affordability, the Financial Planning Association of Australia reinforced its stance that superannuation should not be made accessible to first home buyers. Under proposals made in the ...

Another Budget, another promised surplus

BENJAMIN ONG  |  WEDNESDAY, 10 MAY 2017
... economy's behaviour - i.e. the reaction of economic agents - business, consumer, investor and government - of the budget measures themselves. Throw in assumptions for global growth, the progress (or otherwise) of Australia's major trading partners, geopolitical ...

Government fintech agenda spotlights microbanking

ALEX BURKE  |  TUESDAY, 9 MAY 2017
... was concerned about how those working with superannuation funds would navigate the "huge systems issues" certain Budget measures will create. "Putting aside anything else, I think a whole range of superannuation service providers will be faced with a ...

Australian economy proceeding according to projections

BENJAMIN ONG  |  TUESDAY, 9 MAY 2017
... today's Budget reveal, casting doubts over the government's growth forecasts that, in turn, would support its budget measures and predictions for however long it would take to achieve that nirvana of a surplus in the government coffers. But a forecast ...
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