Super changes leave ASX 'worse off'
Credit Suisse says the budget will mean less money into the pension pool, less money managed by SMSFs and less money flowing into Aussie equities.
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Credit Suisse says the budget will mean less money into the pension pool, less money managed by SMSFs and less money flowing into Aussie equities.
Wealthy retirees and savers are tipped to use a raft of splitting strategies to get around budget super changes that start in July 2017.
He might have been kidding, but the PM's suggestion parents 'shell out' for their kids home has fallen flat.
Senator Ted Cruz has reportedly suspended his presidential campaign after losing the Indiana primary to Donald Trump.
Sharp losses in mining and weakness in banks push shares lower.
Multi-million dollar superannuation accounts will soon be a thing of the past.
The former Rio Tinto CEO called the bottom of the commodities rout but it will be a more cautious message on Thursday.
The budget makes a small contribution to ongoing fiscal consolidation.
A subdued economic outlook for the Asian region requires prudence, says ANZ's Shayne Elliott. Shareholders agree.
Not only has big business missed out in this year's budget handouts but it will be doing the heavy lifting.
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