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Showing 1 - 10 of 283 results for %22Minister for Revenue%22

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... raise children it impacts their retirement incomes with women retiring, on average, with about 25% less super than men," minister for women and finance Katy Gallagher said. "Paying super on government parental leave is an important investment to help ...

Government reports improved fiscal outlook

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
... savings, leading to a cumulative improvement of $211.4 billion in the underlying cash balance over the next five years. Minister for finance Katy Gallagher noted the government's fiscal strategy, which has prioritised spending restraint and capitalising ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... and Credit Panel, and the review of the Life Insurance Framework. The release of the indicative cost recovery follows minister for financial services Stephen Jones confirming the adviser levy freeze would not continue. In response to the tripling of ...

BNPL to be regulated under Credit Act

CASSANDRA BALDINI  |  MONDAY, 22 MAY 2023
... and review of the sector which opened last year. Speaking this morning at the Responsible Lending and Borrowing Summit minister for financial services Stephen Jones said the "unregulated and unchecked" BNPL market would be overhauled to safeguard vulnerable ...

Budget all about responsible economic management: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 14 APR 2023
... priorities when it comes to tax reform. "But also showing spending restraint in the budget, particularly when it comes to these revenue upgrades from higher commodity prices," he said. "Also, trimming spending where we think that we can get better value ...

New laws to end unpaid super

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... the ATO's powers, providing the stronger possible protection for employees against unpaid super, the government said. Minister for workplace relations Tony Burke said the laws would enable workers not covered by a modern award or enterprise agreement ...

Government to double tax for high super balances

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
... Angus Taylor called the additional taxes to superannuation another broken election promise from the government. The Prime Minister and Treasurer's decision to impose taxes on superannuation is a departure from their earlier commitment not to do so ...

Mercer wins sovereign wealth fund mandate

JAMIE WILLIAMSON  |  WEDNESDAY, 3 AUG 2022
... reflect the growing maturity of the fund which has grown significantly in the last decade, Tuvalu Trust Fund board and minister of finance Seve Paeniu said. "Mercer's multi-manager approach allows us access to best-in-class managers, as well as a broad ...

CIMIC wins $1.18bn infra upgrade contract

KANIKA SOOD  |  MONDAY, 13 SEP 2021
... to safely deliver this upgrade while minimising disruption on what is one of the busiest freeways in Australia." NSW minister for transport and roads Andrew Constance said the upgrade will reduce congestion in the road corridor that is used by up to ...

AMP loses default KiwiSaver mandate

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
... Currently, AMP is "renovating" its KiwiSaver scheme after appointing BlackRock as key investment manager. New Zealand finance minister Grant Robertson and consumer affairs minister David Clark said the changes were made to provide KiwiSaver account holders ...
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