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Showing 1 - 10 of 100+ results for "Josh Frydenberg"

Government to strengthen FMI

ANNABELLE DICKSON  |  WEDNESDAY, 9 JUN 2021
... securities transactions and $185 trillion in notional value of derivatives transactions every year," treasurer Josh Frydenberg said. The reform package will introduce a crisis management regime that will allow the RBA to manage a failure at a domestic ...

Class action consultation opens

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... of the industry is required in order to ensure fair and reasonable outcomes for all class members," treasurer Josh Frydenberg said. The government has acted on Recommendation 29 by introducing legislation to implement permanent changes to Australia's ...

Future Fund adds super fund chair

JAMIE WILLIAMSON  |  WEDNESDAY, 26 MAY 2021
... complement those of the existing board members, and that she will make valuable contribution to the board," treasurer Josh Frydenberg said. Michael Wachtel has also been reappointed to the Board of Guardians, with his term extended by four years. Wachtel ...

Chief economist update: Twist in tail of Aussie economic revival

BENJAMIN ONG  |  TUESDAY, 25 MAY 2021
... interest rates," it reads. Taken May 11-19, IHS Markit failed to include the budget - the one where treasurer Josh Frydenberg announced a spending splurge of around $74.6 billion in order secure Australia's recovery. Perhaps, respondents were still ...

Advice practices set to benefit from tax cuts

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
... financial planners, are set to benefit from the 30% tax rate reducing to 25% from 1 July 2021. Federal treasurer Josh Frydenberg also announced last night that temporary full expensing has been extended until 30 June 2023. This enables small businesses ...

Chief economist update: Frydenberg spends big

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2021
... as long as the virus persists, so will we. So tonight, we go further." This is according to federal treasurer Josh Frydenberg, who last night, went further, announcing a spending splurge of around 74.6 billion in order secure Australia's recovery. ...

More flexibility for retirees

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... estate assets. "Under the Coalition, Australian seniors will always have more control over their money," treasurer Josh Frydenberg said. The government is also extending the central control and management test safe harbour from two to five years for ...

Personal, business tax cuts revealed

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... reduction while those with incomes of $90,000 to $126,000 the offset phases out at three cents per dollar. Treasurer Josh Frydenberg said the tax measures are a way to ensure the momentum of Australia's economic recovery from the onslaught of COVID-19. ...

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 ...

Australia is coming back: Frydenberg

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... to the Global Financial Crisis and the second time since the early 1970s. "Australia is coming back," treasurer Josh Frydenberg said. At the height of the pandemic, Treasury feared unemployment could reach as far as 15% and the economy contract by 20%. ...
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