Coalition reaffirms aversion to tax hikes amid structural budget deficit

Profession • By Emma Partis

As the 48th parliament formally opened, Opposition Leader Sussan Ley reaffirmed that the Coalition would not support ...

Tags: News, tax

Greens slam ‘pie in the sky’ Labor housing targets, call for property tax reform

Tax • By Emma Partis

Greens senator Barbara Pocock called Labor’s housing targets “pie in the sky” following a Treasury leak that confirmed ...

Tags: News, tax

US pharma tariffs will be imposed by the end of the month, says Trump

Economy • By Emma Partis

On Wednesday (AEST), the US administration said it would impose “low” pharmaceutical tariffs by the end of the month as ...

Tags: News

Ken Henry questions ‘why the hell’ Australia dropped its carbon tax

Tax • By Emma Partis

Former treasury secretary Ken Henry, who chaired the 2010 Henry Tax Review, said it was mind-boggling that Australia ...

Tags: News, tax

Poor financial literacy has sparked sky-high construction insolvencies, RSM says

Profession • By Emma Partis

RSM has called on regulators to enact stronger financial literacy requirements for construction directors to stem ...

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CBA calls for less income tax, more wealth and consumption tax

Tax • By Emma Partis

Amid tax reform discussions, the Commonwealth Bank has urged the government to cap superannuation concessions, boost ...

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Treasury leak a potential modern ‘banana republic’ moment, says tax expert

Tax • By Emma Partis

On Monday, ABC News revealed confidential Treasury briefing notes which suggested that the government would need to ...

Tags: News, tax

PAF distribution boost sparks friction between charity and legacy, accountants say

Profession • By Emma Partis

A government proposal to lift the private ancillary fund distribution rate from the current 5 per cent rate is set to ...

Tags: News

Late retirement increasingly likely as populations age, OECD warns

Economy • By Emma Partis

A new OECD report has projected that workers may need to delay their retirements to preserve GDP growth as countries ...

Tags: News