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Lift GST, says OECD in dismal report card for Australia

March 19, 2017

Lift GST, says OECD in dismal report card for Australia Peter Martin, The Sydney Morning Herald, 18 March 2017 The Organisation for Economic Co-operation and Development has castigated Australia for inadequate progress on tax, Indigenous affairs and support for business in a report card to be presented to finance ministers from the group of

Parliamentary Budget Office costs plan to abolish stamp duty in favour of broad-based land tax

March 19, 2017

Parliamentary Budget Office costs plan to abolish stamp duty in favour of broad-based land tax Henry Belot, ABC News, 18 March 2017 The Parliamentary Budget Office has costed a proposal to abolish stamp duty and replace it with a broad-based land tax, adding to a fierce political battle over housing affordability. Under the proposal put

Tax reform needed despite improvements to WA economy

March 19, 2017

Tax reform needed despite improvements to WA economy Shane Wright, The West Australian, 18 March 2017 The WA economy is showing signs it has turned the corner but the Turnbull Government is under pressure to revisit its company tax cuts and deliver much bigger tax reform to the nation. ANZ’s measure of State-by-State activity shows

Bank chairs renew calls for tax cuts, leave Gonski in the cold

March 19, 2017

Bank chairs renew calls for tax cuts, leave Gonski in the cold James Frost, The Australian Financial Review, 14 March 2017 Australia's banking heavyweights have renewed calls for business tax cuts, breaking with ANZ chairman David Gonski, who last week questioned the effectiveness of the long-awaited tax relief measures. The issue of tax cuts has

Japanese government taps more benefit from Australian gas than us

March 19, 2017

Japanese government taps more benefit from Australian gas than us Heath Aston, The Sydney Morning Herald, 14 March 2017 Japan is collecting more tax revenue from Australian liquefied natural gas than the federal government, heightening concern the public is missing out on the wealth benefits of the gas export boom. Japan, which is the single-biggest

Analysis of Pauline Hanson’s flat 2 per cent tax shows it would help overseas imports

March 19, 2017

Analysis of Pauline Hanson's flat 2 per cent tax shows it would help overseas imports Shane Wright, The West Australian, 8 March 2017 Pauline Hanson’s plan for a flat 2 per cent tax would cost the Federal Budget more than $230 billion and aid imports at the expense of the local manufacturing sector. Analysis by

Australia needs to hike the GST if it is to grow more, says the OECD

March 19, 2017

Australia needs to hike the GST if it is to grow more, says the OECD Karen Gilchrist, CNBC, 2 March 2017 Australia's economy has adjusted well to the end of the commodity boom, however sustained growth will require a shake-up of current tax policy, the Organisation for Economic Co-operation and Development (OECD) has said. Fiscal

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