With the Labor Party announcing a week ago its intention to save an estimated $59 billion by abolishing cash imputation credits on dividend income, those saving for, or in retirement, might justifiably question the wisdom of putting their surplus funds… Read More ›
Should asset wealthy retirees receive cash imputation credits when they pay little or no income tax?
This question is looming as a key issue for voters at the next federal election. Abolition of such payments from the tax office is a smart suggestion from public policy think tank, Melbourne’s Grattan Institute, originators of another Labor policy… Read More ›
Australian economy grows 0.6 per cent in December quarter 2015 Australia’s GDP, in seasonally adjusted chain volume terms, grew 0.6 per cent in the December quarter 2015, according to figures released today by the Australian Bureau of Statistics (ABS). The… Read More ›
Opposition Leader Mr Bill Shorten, at the NSW Labor conference 13/2/2016, well in advance of the forthcoming federal election, committed a Shorten Labor government to abolishing negative gearing except on new housing from the 1st July 2017. He also announced… Read More ›
http://www.abc.net.au/news/2015-06-28/melanoma-drug-listed-on-pbs-saving-patients-thousands/6578554 Cancer treatment celebrated as ‘amazing break-through’ Australian businessman and former Melbourne lord mayor Ron Walker, who accessed the drug from the United States under a test scheme, said the treatment saved his life. “I was a walking person that… Read More ›
This blog has published several posts on superannuation in the last three years some suggesting consideration of the Canadian system of provision for retirement. A Mercer Consulting Report was quoted in the Australian, and referred to in my post August… Read More ›