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Showing 1 - 10 of 53 results for "Federal Treasury"

Super a 'taxpayer subsidised inheritance scheme': Grattan

ELIZA BAVIN  |  TUESDAY, 24 JUN 2025
... saver in retirement," he said. "Their balances continue to grow for decades after they retire. And by 2060, the federal Treasury expects that one third of all withdrawals from super will be via bequest. So, it's really turned into a taxpayer subsidised ...

Chief economist update: Australia on top

BENJAMIN ONG  |  THURSDAY, 3 JUN 2021
In the words of Frank Sinatra, Australia's now "A-number one, top of the list, head of the heap, king of the hill..." Ol' blue eyes was, of course, singing about the Big Apple (New York) but comparing apples with apples, Australia's on top. ...

Chief economist: What JobKeeper cliff?

BENJAMIN ONG  |  FRIDAY, 21 MAY 2021
"Prediction is very difficult, especially if it's about the future." This quote from Danish physicist and Nobel Prize in physics winner Niels Bohr has been proven time after time but more recently in the Australian Federal Treasury's prediction ...

Chief economist update: Confidently sustaining the recovery

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2021
Simply stunning! "The April survey result is simply stunning - with many variables reaching survey highs. Conditions reset last month's high, driven by further gains across trading conditions, profitability and employment. Confidence has also set ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... support, including $25 billion under the COVID-19 Response Package and $74 billion under the JobMaker Plan." The Federal Treasury unleashed stimulus onto the economy: "To responsibly deal with the greatest challenge of our time and rebuild our economy ...

Reporting rules for charities relaxed

KANIKA SOOD  |  WEDNESDAY, 16 DEC 2020
About 5000 charities will see easier financial reporting requirements from mid-2021, as the Federal Treasury amends the rules. The Council on Federal Financial Relations (CFFR) has agreed to develop a framework by mid-2021 to lift the reporting threshold ...

Chief economist update: China keeps on going and going

BENJAMIN ONG  |  FRIDAY, 4 DEC 2020
If not for its ongoing diplomatic and trade tensions with Beijing, Australia would be beaming and congratulating China for the strengthening momentum in its economy and this, after having survived the pandemic without plunging into a recession. After ...

Chief economist update: Iron ore to reduce Aussie deficit

BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
"I see trees of green, red roses too..." - Louis Armstrong It'll be peculiar to even be humming this immortal classic at a time when covid-19 continues to afflict most of the world. But the way it's going for this land down under, it wouldn't ...

Chief economist update: Letter V going viral in Australia

BENJAMIN ONG  |  WEDNESDAY, 11 NOV 2020
... pandemic). These surveys were conducted just after the Australian Budget 2020-21 reveal in early October when the Federal Treasury announced additional spending amounting to "$98 billion in response and recovery support, including $25 billion under the ...

Chief economist update: Splish splash, budget cash

BENJAMIN ONG  |  WEDNESDAY, 7 OCT 2020
... support, including $25 billion under the COVID-19 Response Package and $74 billion under the JobMaker Plan" the Federal Treasury is unleashing onto the economy. Treasury said this huge cash splash seeks "to responsibly deal with the greatest challenge ...
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