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Trump tax cut a threat to investment: Joyce

October 19, 2017

Trump tax cut a threat to investment: Joyce Annabel Hepworth, The Australian, 19 October 2017 Australia is falling behind as Donald Trump proposes to slash the US corporate tax rate, a threat to local investment, Qantas boss Alan Joyce has warned. Mr Joyce, who is also on the board of the Business Council of Australia,

BHP labelled Australia’s ‘worst tax dodger’ by former treasurer Wayne Swan

October 19, 2017

BHP labelled Australia's 'worst tax dodger' by former treasurer Wayne Swan Adam Gartrell, The Sydney Morning Herald, 19 October 2017 Former treasurer Wayne Swan has launched another extraordinary attack on mining giant BHP, labelling it Australia's "worst tax dodger" and linking a million dollar bonus to the company's CEO to his success at minimising

Australians are giving less to charity. Here’s why

October 19, 2017

Australians are giving less to charity. Here's why Matt Wade, The Sydney Morning Herald, 18 October 2017 Each year the taxman delivers a revealing appraisal of Australia's generosity. Deep within a report titled Taxation Statistics are details of the deductions individual taxpayers claim for charitable donations. It doesn't cover every contribution made to good

Web of Australian Adani solar companies leads to offshore tax havens

October 19, 2017

Web of Australian Adani solar companies leads to offshore tax havens Joshua Robertson, The Guardian, 18 October 2017 Adani has spread its use of offshore tax havens to its Australian solar projects, providing another avenue that could allow the wealthy Indian family behind the transnational to legally minimise tax paid on income from local

Reserve Bank, Business Council clash on tax rates

October 19, 2017

Reserve Bank, Business Council clash on tax rates Glenda Korporaal, The Australian, 18 October 2017 Reserve Bank assistant governor Luci Ellis has challenged the Business Council of Australia’s argument about the importance of cutting the corporate tax rate in attracting foreign investment. Ms Ellis said the corporate tax rate in Australia was “irrelevant” for domestic

Cochlear warns on research tax changes

October 19, 2017

Cochlear warns on research tax changes Sarah-Jane Tasker, The Australian, 17 October 2017 Cochlear’s chairman Rick Holliday-Smith has warned that the global biotech could be forced to move investment offshore under proposed changes to research tax incentives. Mr Holliday-Smith told his shareholders at today’s annual general meeting that Australia was looking to reduce research and

Affordable power and tax cuts beat ‘picking winners’

October 19, 2017

Affordable power and tax cuts beat ‘picking winners’ The Australian, 16 October 2017 Bill Shorten’s claim in Adelaide on Saturday that the slogan he wants to hear in future is “Made in Australia’’ would be credible if the opposition turned its attention to the main problems impeding business and job creation. Labor should agree

Property downturn a ‘threat’, says RBA

October 19, 2017

Property downturn a ‘threat’, says RBA David Uren, The Australian, 14 October 2017 The property boom has lured hundreds of thousands of low-income Australians into negatively geared investments that the Reserve Bank fears could threaten financial stability in the event of a downturn. In a warning that rising household debts are the biggest domestic risk

Higher taxes to hit 1.6 million Australians, Parliamentary Budget Office report reveals

October 19, 2017

Higher taxes to hit 1.6 million Australians, Parliamentary Budget Office report reveals Eryk Bagshaw, The Sydney Morning Herald, 12 October 2017 More than one million Australians will be hit with increased taxes over the next five years as the rising wages of middle income earners force them into higher tax brackets. The assessment from the

Another attempt to change GST’s structure

October 12, 2017

Another attempt to change GST's structure AAP, SBS News, 12 October 2017 It was deemed one of Australia's most effective taxes in an otherwise complex system when Ken Henry embarked on his tax review in 2009. But the Rudd government didn't allow the then Treasury boss to include the GST in any part of a