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Federal Budget 2018: Business helps pay for tax cuts

Federal Budget 2018: Business helps pay for tax cuts

by Shared by Australian Financial Review | May 9, 2018 | News

His budget, which has landed in the middle of Australia’s strongest business confidence on record, as measured by the NAB Business Conditions Index, is bulging with the largesse from a resurgent corporate sector.Read the full article at the Australian Financial...
Westpac hit outs at Hayne inquiry’s release of mortgage report

Westpac hit outs at Hayne inquiry’s release of mortgage report

by Shared by Australian Financial Review | May 8, 2018 | News

Pointing to Westpac’s pristine credit quality during the presentation of its half-year results, Mr King and chief executive Brian Hartzer said the royal commission had uncovered some “inexcusable” cases of customer harm but the publication of a...
Federal budget 2018: Tax cap limit ’more politics than economics’

Federal budget 2018: Tax cap limit ’more politics than economics’

by Shared by Australian Financial Review | May 8, 2018 | News

“Bracket creep is very real, and it’s accounting for a big chunk of the return to surplus – by most estimates it’s worth around 80 per cent of it,” said Richard Holden, professor of economics at UNSW.Read the full article at the Australian Financial...
Budget 2018: Tax cuts to start within months, but will be small

Budget 2018: Tax cuts to start within months, but will be small

by Shared by Australian Financial Review | May 7, 2018 | News

While the tax cuts will initially be targeted at low-and-middle-income earners as defined by earning less than $87,000, Finance Minister Mathias Cormann effectively confirmed that over the medium term – several years – people on higher incomes, including those above...
KPMG, EY partner retirement ages are ’unlawful discrimination’

KPMG, EY partner retirement ages are ’unlawful discrimination’

by Shared by Australian Financial Review | May 4, 2018 | News

The firms’ partnership agreements, seen by The Australian Financial Review, include clauses that either mandate or “expect” partners to retire at 58 or 60 unless the CEO makes an exception.Read the full article on the Australian Financial...
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