Home > Archive by category "media"

Category Archives: media

Welfare sector urges negative gearing and private health cuts to save $9.4bn

February 27, 2017

Welfare sector urges negative gearing and private health cuts to save $9.4bn Acoss proposes winding back negative gearing and capital gains tax discounts and abolishing private health insurance subsidies in the budget Paul Karp, The Guardian, 27 February 2017 The government could save $9.4bn in 2018-19 with measures including winding back negative gearing and capital

Business investment is weak, but an unfunded company tax cut won’t fix it

February 27, 2017

Business investment is weak, but an unfunded company tax cut won’t fix it Jim Minifie, The Conversation, 27 January 2017 Eight years after the global financial crisis (GFC), economic growth remains weak in many rich nations. Australia has been an exception to the malaise, but growth has slowed as the mining boom winds down. Business

Cut company tax and you cut national income, says Grattan Institute

February 27, 2017

Cut company tax and you cut national income, says Grattan Institute Peter Martin, The Sydney Morning Herald, 27 February 2017 The Turnbull government's proposed company tax cut would drop national income for years before it boosted it and would never be self-funding, a new analysis from the Grattan Institute has found. One of the key

If the robots are coming for our jobs, make sure they pay their taxes

February 27, 2017

If the robots are coming for our jobs, make sure they pay their taxes John Naughton, The Guardian, 26 February 2017 Periods of automation bring disruption and hurt workers’ wages. Perhaps Silicon Valley should pick up the compensation bill for the next one The problem with the future is that it’s unknowable. But of course

All high earners to pay Medicare levy surcharge under budget proposal

February 27, 2017

All high earners to pay Medicare levy surcharge under budget proposal Peter Martin, The Sydney Morning Herald, 26 February 2017 All high-income Australians would pay the 1 to 1.5 per cent Medicare levy surcharge under a budget proposal that would raise a breathtaking $4 billion per year, more than six times the net amount

Taxpayers to pay for oil spill clean-ups under petroleum resource rent tax

February 27, 2017

Taxpayers to pay for oil spill clean-ups under petroleum resource rent tax Treasury confirms companies would be able to claim tax deduction for expenses incurred from cleaning up pollution The Guardian, 25 February 2017 Australian taxpayers will be forced to subsidise the clean-up costs of oil spills in the Great Australian Bight thanks to the

RBA’s Philip Lowe says joining the global tax race ‘not actually that useful’

February 27, 2017

RBA's Philip Lowe says joining the global tax race 'not actually that useful' Jacob Greber, Australian Financial Review, 24 February 2017 Reserve Bank of Australia governor Philip Lowe has clarified his recent intervention in the company tax cut debate, saying he doesn't necessarily support the move but believes it's up to parliament to decide

CGT, negative gearing changes would remove heat from housing, says Philip Lowe

February 27, 2017

CGT, negative gearing changes would remove heat from housing, says Philip Lowe Jacob Greber, Australian Financial Review, 24 February 2017 Reserve Bank of Australia governor Philip Lowe has strengthened the central bank's criticism of tax incentives for property investors, saying changes would help remove some of the "heat" from the market that has worsened

No zealot about cutting company tax, Ken Henry despairs about Australia’s politicians

February 27, 2017

No zealot about cutting company tax, Ken Henry despairs about Australia's politicians Peter Martin, The Sydney Morning Herald, 23 February 2017 Former Treasury chief and National Australia Bank chairman Ken Henry is far from a zealot on cutting company tax rates. Ahead of his call to arms about economic reform delivered to the Committee for

Mexico’s sugar tax leads to fall in consumption for second year running

February 27, 2017

Mexico's sugar tax leads to fall in consumption for second year running Health experts are watching the progress of the tax to see if it will lower the rates of obesity-related diseases and type 2 diabetes Sarah Boseley, The Guardian, 23 February 2017 Mexico’s sugar tax appears to be having a significant impact for the