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Showing 1 - 10 of 100+ results for "Federal Budget"

More work needed to end financial abuse

ELIZABETH MCARTHUR  |  MONDAY, 17 JAN 2022
... their retirement must be addressed in the new plan. "We're also looking forward to funding announcements in the federal budget that substantially support the principles and initiatives outlined in the plan." Women currently retire with 40% less super ...

Retirement Income Covenant closer to materialising

KARREN VERGARA  |  TUESDAY, 28 SEP 2021
... Retirement Income Covenant will take effect from 1 July 2022, subject to the passage of legislation. The 2018-19 federal budget introduced the covenant but has experienced several delays.

SG Hiscock introduces medical tech fund

JAMIE WILLIAMSON  |  TUESDAY, 29 JUN 2021
... government spending to support the industry," he said, noting the patent box tax break announced in the recent federal budget. The fund is particularly attractive to impact investors, Hunter added. "Through its investments in Australian medical technology ...

Family law super reforms released

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... along with removing the $450 monthly income threshold for super contributions, which was recently scrapped in the federal budget. "Superannuation is often the biggest - or only - asset in a relationship. Importantly, this new measure will speed up what ...

Accessing super cements inequality: Report

ELIZABETH MCARTHUR  |  TUESDAY, 25 MAY 2021
... the pandemic, the study found. "Opportunities to recoup these losses are likely to be limited, with the recent federal budget predicting continued low wage growth and a continued shift to part time work," the report's author Emily Porter, who is a fellow ...

Budget no cure for hangover from last one

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... budgets. AIST head of advocacy Mel Birks updated the Conference of Major Superannuation Funds on what the latest federal budget changes mean for super funds, saying they are nothing compared to those included in its predecessor. The removal of the $450 ...

No big losers in FY22 budget

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
Just about everyone is a winner in this year's federal budget, with treasurer Josh Frydenberg extending tax cuts, significant measures to enhance women's economic security and a $15 billion infrastructure spend. Delivering the 2021/22 federal ...

Aged care expenditure to jump 37%

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
The aged care sector is set for a major boost to address problems raised in the Royal Commission and prepare for the coming wave of aging retirees. Aged care expenditure will increase 7% during 2021-22 to $24.3 billion and by 37% over the next four ...

What to expect from the budget

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
Ahead of the federal budget tonight, there is already some good news for the superannuation sector and small businesses. Treasurer Josh Frydenberg has released details about a few initiatives that will be included in the budget. The government will ...

Budget to boost home ownership rates

JAMIE WILLIAMSON  |  MONDAY, 10 MAY 2021
Ahead of tomorrow's federal budget, the government announced a raft of measures aimed at increasing home ownership levels, including the expansion of the First Home Super Saver Scheme. The government is increasing the maximum amount of voluntary contributions ...
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