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04 May 2016 • By Tim Stewart • 1 min read

Cuts to super tax concessions 'counterproductive'

Last night’s federal budget reduced a number of super tax concessions, but the Financial Services Council has labelled the changes "counterproductive"

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ANZ first-half profit down 22%, dividend cut

ANZ has continued a week of disappointing bank results by announcing a slump in its net profit to $2.7 billion and a 7 per cent cut to its ...

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Weak inflation forces RBA's hand

Reserve Bank of Australia governor Glenn Stevens has pointed to "unexpectedly low" inflation data as the reason for yesterday's surprise cash rate cut

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Government consults on venture capital and fintech

The government has initiated a consultation process aimed at exploring the best way to ensure investors in fintech start-ups can be eligible for ...

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Banks welcome AML/CTF legislative changes

The Australian Bankers' Association (ABA) has thrown its support behind recommendations by the federal Attorney-General’s Department aimed at ...

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Suncorp takes stake in US tech firm

Suncorp has partnered with US-based technology developer Trōv to launch an on-demand insurance platform. As part of the deal, Suncorp has taken a ...

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Tax concessions for small business expanded

Millions of Australians could benefit from budget reforms which aim to lower tax and provide access to tax concessions for small business, according ...

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Tax cut for middle-income earners

Taxpayers earning between $80,000 and $87,000 will receive a tax cut after the government moved to address 'bracket creep' in the federal budget

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Government to back blockchain pilot

The federal budget includes a commitment to blockchain technology as part of the Coalition's plan for a "strong and vibrant" fintech industry

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Infrastructure to receive $50bn boost

The government has pledged to invest $50 billion in roads, rail and dams infrastructure between 2013-14 and 2019-20 in tonight's federal budget

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