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Showing 1 - 10 of 364 results for "Federal 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 ...

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: 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: $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: Government heeds industry calls to better support women

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
In the Federal Budget, Treasurer Jim Chalmers formally announced a raft of measures to support women, many of which were flagged ahead of time. This includes the $925.2 million over five years to provide support for victim-survivors leaving a violent ...

Chalmers makes bold inflation prediction

ELIZA BAVIN  |  MONDAY, 13 MAY 2024
... inflation to fall more quickly is because their modelling takes into account the measures they plan to introduce in the Federal Budget. "That'll be the difference, frankly, between the Reserve Bank's forecasts and our forecasts, just an issue of timing ...

Proposed super tax obfuscates legacy pensions rules: SMSFA

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
... according to the SMSF Association (SMSFA). The SMSFA is calling for an amnesty for legacy pensions in the upcoming federal budget as current draft regulations proposing to increase the 15% tax to 30% on super balances above $3 million (Division 296 tax) ...

Chalmers expected to deliver Budget surplus

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
Treasurer Jim Chalmers is expected to deliver a surplus in the upcoming Federal Budget, but he warned iron ore prices and a softening labour market put a dent in how large it will be. Speaking at an event for the Committee for Economic Development of ...

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... government's new national strategy for gender equality, Working for Women, and will be factored into the May federal budget. It's expected to cost about $250 million a year, based on previous estimates by Treasury when the SG rate was still 9.5%. ...

SMC finds $38k nest egg boost for working mums

KARREN VERGARA  |  MONDAY, 12 FEB 2024
... balances of the lowest paid women by 21%. These are two policy changes the SMC is putting forth to the upcoming federal budget in its submission. It also details the modelling in a new report called Securing a dignified retirement for more women. SMC ...
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