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Showing 11 - 20 of 38 results for lisc

Super groups call for women Senate review

DARREN SNYDER  |  THURSDAY, 30 JUL 2015
... by the federal government was to increase tax paid by low income earners by withdrawing the Low Income Super Contribution (LISC). Both AIST and WIS continue to campaign for the retention of the LISC which means Australian workers who earn $37,000 per ...

No new taxes on super welcomed

DARREN SNYDER  |  TUESDAY, 12 MAY 2015
... original timetable for the Super Guarantee increase to 12% and a long-term commitment to the Low Income Super Contribution (LISC)," she said. "These two measures will make a world of difference to the amount of money people retire on, particularly those ...

Remove 10% rule for deductible contributions: SMSF Association

LAURA MILLAN  |  TUESDAY, 17 FEB 2015
... contributions and voluntary contributions." The SMSF Association also asked for the low income superannuation contribution (LISC) to be maintained beyond 2017-18 to ensure equitable treatment for the lowest paid workers. "We opposed this policy announcement ...

AIST lobbies govt to keep LISC payment disclosure

JAMES FERNYHOUGH  |  WEDNESDAY, 26 NOV 2014
... Superannuation Trustees (AIST) is calling on the government to maintain separate disclosure of low income superannuation contribution (LISC) payments on superannuation statements. While the government has moved to abolish the LISC, this will not take ...

SG freeze to hit young and low income earners hardest

JAMES FERNYHOUGH  |  WEDNESDAY, 3 SEP 2014
... $60,000 a year, meanwhile, will miss out on $28,195. If you factor in the loss of the Low Income Superannuation Contribution (LISC), low income earners will be the worst hit. A 25-year-old on $30,000 a year will miss out $20,364 in retirement savings ...

Senate saves the LISC

JAMES FERNYHOUGH  |  MONDAY, 21 JUL 2014
The low income superannuation contribution (LISC) scheme has been saved after the Senate blocked the repeal of measures related to the mining tax. The LISC, which was a spending measure associated with the Minerals Resource Rent Tax, was saved after ...

Palmer to oppose abolition of LISC

JAMES FERNYHOUGH  |  MONDAY, 7 JUL 2014
Clive Palmer has announced his party will block legislation to abolish the low income superannuation contribution (LISC). Addressing the National Press Club today, Palmer said: "Palmer United supports the abolition of the mining tax, but cannot support ...

Future of LISC in Palmer's hands

JAMES FERNYHOUGH  |  FRIDAY, 27 JUN 2014
... Palmer United Party to use its influence in the Senate to block the scrapping of the low income superannuation contribution (LISC) scheme. The letter, organised by Women in Super and the Australian Institute of Superannuation Trustees, contains 35 signatures ...

Women to feel pain of scrapped LISC

JAMES FERNYHOUGH  |  MONDAY, 16 JUN 2014
... regional Australians will be the worst affected by the government's plan to scrap the Low Income Superannuation Contribution (LISC) scheme, according to Industry Super Australia (ISA). Using figures from the Australian Bureau of Statistics (ABS), ISA ...

Labor to oppose rise in pension age

JAMES FERNYHOUGH  |  FRIDAY, 16 MAY 2014
... condemned the government's plan - not included in the budget - to do away with the low income superannuation contribution (LISC). "Two thirds of those hurt by this change were women - who had moved in and out of the workforce to start and raise a family. ...