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Showing 1 - 10 of 38 results for lisc

Potential budget super alterations welcome

DARREN SNYDER  |  MONDAY, 2 MAY 2016
... Australia is supportive of Fairfax Media reports that the Treasurer will reveal a new Low Income Superannuation Contribution (LISC)-style government top up for people with broken work patterns, particularly women. ISA deputy chief executive Robbie Campo ...

ISA calls out pre-Budget arguments on contribution caps

DARREN SNYDER  |  FRIDAY, 29 APR 2016
... incomes $100,000 higher than the 441,650 lower-paid women of the same age who rely on the Low Income Super Contribution (LISC). "By contrast, this substantial group relies heavily on the LISC to keep their super savings moving upward. With their income ...

Budget leak proposes super tax crackdown

DARREN SNYDER  |  WEDNESDAY, 20 APR 2016
... plan to increase super taxes for low income earners from July 2017 with the abolition of the Low Income Super Contribution (LISC). ISA said from July 2017, more than three million Australians earning less than $37,000 face an increase in super contributions ...

ISA says 15pct tax rebate no good

DARREN SNYDER  |  THURSDAY, 4 FEB 2016
... concessions received by women, which will also be made worse from 2017 due to the abolition of the Low Income Super Contribution (LISC). ISA chief executive David Whiteley said while reform in the area is justified, ordinary wage earners on low and middle ...

Ending super gender gap needs collective approach

LAURA MILLAN  |  FRIDAY, 11 DEC 2015
... regard to paid parental leave. It also warns that the scheduled abolition of the low income superannuation contribution (LISC) is "less positive for women going forward. "The scaling back of the superannuation co-contribution by the previous government ...

AFA recommends SG monthly threshold removal

ALEX BURKE  |  WEDNESDAY, 9 DEC 2015
... broken careers due to caring responsibilities." The submission also suggested retaining the low income super contribution (LISC) scheme, introducing a SG contribution tax-free period after parental leave and including SG on the paid parental leave scheme. ...

Tax reform must not betray women

DARREN SNYDER  |  THURSDAY, 12 NOV 2015
... recommendations to immediately increase the superannuation guarantee (SG) to 12% and retain the Low Income Superannuation Contribution (LISC), Women in Super is calling for a gender impact analysis of all future government policy proposals. "Resolving ...

HESTA chief advocates better tax reform

DARREN SNYDER  |  THURSDAY, 29 OCT 2015
... themselves excluded from super entirely," Blakey said. Policy recommendations include retaining the low income super contribution (LISC), which ensures those earning up to $37,000 pay no tax on SG payments made by their employer. The LISC is currently ...

Scrapping LISC was shameful and retrograde: Bowen

LAURA MILLAN  |  WEDNESDAY, 2 SEP 2015
Scrapping the low income superannuation contribution (LISC) was "the single, most retrograde and regrettable government policy decision made since the establishment of superannuation," Labor Shadow Treasurer Chris Bowen said. Bowen slammed the measure ...

Senate inquiry into gender retirement income gap launched

DARREN SNYDER  |  TUESDAY, 18 AUG 2015
... the current structure of super tax concessions. In addition, the abolition in 2017 of the low income super contribution (LISC) rebate will further reduce average women's retirement balances by around 10%." The inquiry is also expected to address the ...
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