{country_name} ↓ TRANS_MENU
Choose your location:
My coverMy coverMy cover

What's happening now?

Login Login with Facebook
Incorrect user or password!
1

Budget 2016: Superannuation shake-up to reduce high income tax breaks

Non-concessional contributions will also be subject to a lifetime cap of $500,000 from budget night, down from the current annual cap of $180,000, which will save the Government $550 million over the next four years. The two moves combined are expected to save a further $2.5 billion over the three years following their introduction on July 1 next year.
ABC
03/05
30 Points
1

Guru Morrison and the budget that's totally a plan

We have the Treasurer's assurance that lower-income families will benefit from changes to superannuation and the medium-term glow of job creation, but no tables. Mr Morrison went further."This isn't a budget," he explained. Updated May 03, 2016 22:14:06 Were we all in the budget lockup as part of some sort of fermented cactus-juice experiment in the desert. (Ideally, this role will be filled by old Border Force remnants from Guru Morrison's former life).
ABC
03/05
13 Points
1

Money Budget 2016: Superannuation shake-up to reduce high income tax breaks

Non-concessional contributions will also be subject to a lifetime cap of $500,000 from budget night, down from the current annual cap of $180,000, which will save the Government $550 million over the next four years. The two moves combined are expected to save a further $2.5 billion over the three years following their introduction on July 1 next year.
ABC
03/05
28 Points
1

Money Budget 2016: Scott Morrison unveils business, income tax relief in nip-and-tuck fiscal blueprint

That money will stay in place for existing recipients but new welfare clients will not be able to access it.Topics:budget,federal-government,federal-parliament,federal-elections,government-and-politics,australia First posted May 03, 2016 19:31:09 . Tax receipts, while still growing overall, are expected to be $6.4 billion lower than mid-year estimates.
ABC
03/05
26 Points
1

Budget 2016: Scott Morrison unveils business, income tax relief in nip-and-tuck fiscal blueprint

That money will stay in place for existing recipients but new welfare clients will not be able to access it.Topics:budget,federal-government,federal-parliament,federal-elections,government-and-politics,australia First posted May 03, 2016 19:31:09 . Tax receipts, while still growing overall, are expected to be $6.4 billion lower than mid-year estimates.
ABC
03/05
23 Points
1

Super loses its lustre as hunt for red-hot yield gets serious

In 2015, investors turned to small-cap companies for growth but so far this year that strategy hasn't worked.For many in financial markets the federal budget was all over before it even started. Initially, the shares fell on news the dividend was trimmed back but then recovered as investors decided a lower but more reliable dividend was still worthwhile.The decline in real (after-inflation) interest rates has been a global phenomenon over the past few decades and it looks likely to continue.
Financial Review
03/05
9 Points
1

Guru Morrison and the budget that's totally a plan

We have the Treasurer's assurance that lower-income families will benefit from changes to superannuation and the medium-term glow of job creation, but no tables. Mr Morrison went further."This isn't a budget," he explained. Updated May 03, 2016 22:14:06 Were we all in the budget lockup as part of some sort of fermented cactus-juice experiment in the desert. (Ideally, this role will be filled by old Border Force remnants from Guru Morrison's former life).
ABC
03/05
8 Points

Budget 2016: Scott Morrison puts superannuation in the spotlight in low-spending budget

Bold superannuation changes that hit high income earners but leave 96 per cent of Australians untouched are at the centre of Treasurer Scott Morrison's first, low-spending election-eve budget.As the Reserve Bank took the unprecedented step of cutting interest rates to a record low on budget day, a suite of super changes that will hit the Liberal base and raise net $2.8 billion in revenue were unveiled.
The Age
03/05
5 Points
1

Budget 2016: Economic efficiency comes last to winning an election

The current rate of 28.5 per cent for small businesses with revenue of less than $2 million a year goes to to 27.5 per cent from July 1 for companies with annual turnover of less than $10 million. Other beefed-up attempts to concentrate on catching examples of tax avoidance by businesses and wealthy individuals is expected to raise just over $3 billion over four years. As for any notion of increased simplicity in the tax system or in superannuation, it is nowhere to be seen.
Financial Review
03/05
0 Points
1

Money Even the well-heeled agree Australia's tax and superannuation systems are unfair, survey shows

Source: AM | Duration: 3min 16secTopics:superannuation,budget,australiaTranscript. Posted May 03, 2016 06:28:00 A survey canvassing wealthy retirees shows even the well-heeled view Australia's superannuation and taxation systems as unfair. Academics say this is the federal Treasurer's final chance to fix up Australia's taxation system.
ABC
03/05
21 Points

Money Aust superannuation executives to meet with US Govt to discuss super fund investment in America

Posted May 03, 2016 13:05:00 Australian superannuation executives are meeting with senior US Government members to pave the way for super fund investment in America. Source: The World Today | Duration: 2min 48secTopics:superannuation,united-statesTranscript. The group is being led by former trade minister and deputy PM Mark Vaile, who says government funding shortfalls in the US provide an opening for public-private partnerships.
ABC
03/05
3 Points
1

Money Australian super fund comes second in global green rankings

Some of Australia's largest superannuation funds rank among the best in the world in protecting their members from the adverse effects of climate change. Photo: MICHELE MOSSOPClimate change, which has been linked to coral bleaching, is increasingly recognised as a financial risk. Local Government Super in 2014 said it would exclude companies with a material exposure to ''high carbon-sensitive'' activities as well as coal-fired electricity generators.
Leader
02/05
22 Points
1

Australian super fund comes second in global green rankings

Some of Australia's largest superannuation funds rank among the best in the world in protecting their members from the adverse effects of climate change. Photo: MICHELE MOSSOPClimate change, which has been linked to coral bleaching, is increasingly recognised as a financial risk. Local Government Super in 2014 said it would exclude companies with a material exposure to ''high carbon-sensitive'' activities as well as coal-fired electricity generators.
Leader
02/05
2 Points

Senate suggests tax, parental leave reform to boost women's super balances

and Sam Dastyari, the Greens' Larissa Waters, and independent Nick Xenophon.The report, titled 'A husband is not a retirement plan', called for changes to employment rules and better scrutiny of employers to reduce the professional disadvantages faced by women seeking flexible work practices. It also concluded employers should be obligated to pay part-time and casual workers superannuation payments no matter how little they earn.
The Age
01/05
2 Points
Ad
Ad
Ad