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Showing 1 - 10 of 21 results for "Minerals Resource"

SG frozen till 2021, industry 'dismayed'

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
... Superannuation Contribution in 2017. The laws, which were part of an extensive package of reforms contained in the Minerals Resource Rent Tax Repeal and Other Measures Bill 2014. In a joint statement, Treasurer Joe Hockey and Finance Minister Mathias ...

Govt seeks discretion to freeze super guarantee

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
... legislation in the lower house yesterday. The legislation was part of a large suite of amendments labelled the Minerals Resource Rent Tax Repeal and Other Measures Bill 2014 andA the specific section appears on page 37 If enacted the changes would mean ...

Senate saves the LISC

JAMES FERNYHOUGH  |  MONDAY, 21 JUL 2014
... the repeal of measures related to the mining tax. The LISC, which was a spending measure associated with the Minerals Resource Rent Tax, was saved after the Palmer United Party decided it would oppose its abolition. The income support bonus and the Schoolkids ...

Inquiry recommends MRRT and LISC be scrapped

MARK SMITH  |  TUESDAY, 3 DEC 2013
... (LISC) looks set to be scrapped following the Senate Economics Legislation Committee's recommendation that the Minerals Resource Rent Tax (MRRT) and Other Measures Bill 2013 be passed. In its report to the government yesterday, the committee said it ...

Government to discuss alternative funding for LISC

MARK SMITH  |  THURSDAY, 28 NOV 2013
... (AIST) and Women in Super outlined their objections to the repeal of the LISC at a public hearing relating to the Minerals Resource Rental Tax (MRRT) Repeal and Other Measures Bill 2013. They argued that the LISC, which ensures people earning less than ...

Industry bodies call for Government LISC U-turn

MARK SMITH  |  MONDAY, 25 NOV 2013
... Government to reconsider its repeal of the low income superannuation contribution (LISC) in their submissions on the Minerals Resource Rent Tax (MRRT) Repeal and Other Measures Bill 2013. The LISC compensates individuals for the 15% contributions tax ...

Govt confirms SG delay, kills LICS

MARK SMITH  |  FRIDAY, 25 OCT 2013
... plan to stall the lift in the superannuation guarantee (SG) were contained in draft legislation to repeal the Minerals Resource Rent Tax (MRRT). Under the new plans, the SG will rise from the current 9.25% to 9.5% from 1 July 2016, rising thereafter ...

Spend, spend, spend

BENJAMIN ONG  |  TUESDAY, 22 OCT 2013
... year's low of US$112 a tonne hit on the 31st of May. Add in the Abbott government's expected abolition of the minerals resource rent tax and we get good motivation to shop for local miners. However, all these may be short-lived. Once Fed taper blinks ...

Coalition to save $1.6bn via SG delay

AAP & ALICE URIBE  |  WEDNESDAY, 28 AUG 2013
... from abolishing the carbon tax will save $5.1 billion, while there are a number of savings from scrapping the minerals resource rent tax (MRRT). These include $3.7 billion from not proceeding with the low-income super guarantee that was supposed to be ...

Market Wrap PM

AAP  |  MONDAY, 29 APR 2013
... before the Senate Economics Legislation Committee's public hearing into the development and operation of the Minerals Resource Rent Tax (MRRT).
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