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Tag Archives: tax
There is much discussion about the benefits of reducing tax so that Australia can be competitive with other countries in the world. This is only of consequence to multinational companies considering where to establish their headquarters. All small companies and medium-sized … Continue reading
The Commonwealth’s budget has a Keynesian boost for a sluggish economy, and is based on an optimistic, or even heroic, assumption that economic growth will deliver a fiscal surplus within a few years. We have heard similar claims from treasurers, … Continue reading
Making Housing Affordable Series. SAUL ESLAKE. The causes and effects of the housing affordability crisis, and what can and should be done about it.
Treasurer Scott Morrison is right in saying that “there are no single or easy solutions” – even though he (and others on his side of politics) tend to ignore this advice in emphasising ‘supply-side solutions’ and decrying any suggestion of … Continue reading
The political future of Kelly O’Dwyer, Minister for Revenue and Financial Services (presently on maternity leave) is uncertain, as Liberal Party members in her electorate move to disendorse her. On one level this conflict can be seen as the shenanigans … Continue reading
Most commentators on the crisis in housing affordability correctly attribute the problem, in part, to the Howard Government’s decision in 1999 to “halve the taxation of capital gains”. But that was only one aspect of the 1999 change: the other … Continue reading
The simple explanation behind the Commonwealth’s proposal to cut corporate taxes is in terms of a struggle between the interests of business and of the broader community, but it is also about the Coalition’s determination, under pressure from vested interests, … Continue reading
Has there ever been a more demoralising time to be Prime Minister? There’s been the expected sniping from the sidelines and the continued calls for the Coalition to shore up its base and prevent leakage to parties like One Nation.
CHARLES LIVINGSTONE. South Australia’s gambling tax highlights the regulatory mess of online betting.
The South Australian government will introduce from July a “point-of-consumption tax” to claw back some of the gambling tax revenue it is seeing disappear over the border. The new tax is a reasonable response to a growing problem, and probably won’t … Continue reading