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Showing 1 - 10 of 34 results for "Low Income Superannuation Contribution"

Federal Budget: Industry responds

HARRISON WORLEY  |  WEDNESDAY, 3 APR 2019
... pleased about. However, chief executive Dante De Gori said the need still remains for a Low Income Superannuation Contribution Scheme. "Australians on lower incomes continue to find it hard to save for their retirement," De Gori said. "We would have ...

Looming super reforms benefit millions

JAMIE WILLIAMSON  |  FRIDAY, 23 JUN 2017
... from the superannuation reforms taking effect on 1 July, particularly women. The revived Low Income Superannuation Contribution, now labelled the Low Income Superannuation Tax Offset (LISTO), will be received by about 3.1 million people - 63% of which ...

Super changes about sustainability: O'Dwyer

KELLY O'DWYER, ASSISTANT TREASURER AND MINISTER FOR SMALL BUSINESS  |  FRIDAY, 27 MAY 2016
... superannuation tax concessions enjoyed by the rest of the population. We are also replacing the Low Income Superannuation Contribution, which expires on 30 June next year, with a Low Income Superannuation Tax Offset. This will mean low income workers ...

Potential budget super alterations welcome

DARREN SNYDER  |  MONDAY, 2 MAY 2016
... Super Australia is supportive of Fairfax Media reports that the Treasurer will reveal a new Low Income Superannuation Contribution (LISC)-style government top up for people with broken work patterns, particularly women. ISA deputy chief executive Robbie ...

Ending super gender gap needs collective approach

LAURA MILLAN  |  FRIDAY, 11 DEC 2015
... contributions in regard to paid parental leave. It also warns that the scheduled abolition of the low income superannuation contribution (LISC) is "less positive for women going forward. "The scaling back of the superannuation co-contribution by the ...

Women own less than 40% of super assets: ASFA

DARREN SNYDER  |  TUESDAY, 8 DEC 2015
... retirement, including raising and broadening the Superannuation Guarantee, retaining the Low Income Superannuation Contribution Scheme and amending annual contribution caps to enable people with broken working patterns to 'catch up' their superannuation ...

Tax reform must not betray women

DARREN SNYDER  |  THURSDAY, 12 NOV 2015
... recommendations to immediately increase the superannuation guarantee (SG) to 12% and retain the Low Income Superannuation Contribution (LISC), Women in Super is calling for a gender impact analysis of all future government policy proposals. "Resolving ...

Treasurer open to all ideas on super

DARREN SNYDER  |  TUESDAY, 27 OCT 2015
Federal Treasurer Scott Morrison has not ruled out an idea of lifting the tax cap on superannuation contributions for women returning to work so they can "top up" their super. The tax cap lift would also apply to carers and other people who face lengthy ...

Scrapping LISC was shameful and retrograde: Bowen

LAURA MILLAN  |  WEDNESDAY, 2 SEP 2015
Scrapping the low income superannuation contribution (LISC) was "the single, most retrograde and regrettable government policy decision made since the establishment of superannuation," Labor Shadow Treasurer Chris Bowen said. Bowen slammed the measure ...

Remove 10% rule for deductible contributions: SMSF Association

LAURA MILLAN  |  TUESDAY, 17 FEB 2015
... compulsory contributions and voluntary contributions." The SMSF Association also asked for the low income superannuation contribution (LISC) to be maintained beyond 2017-18 to ensure equitable treatment for the lowest paid workers. "We opposed this policy ...
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