Tax reform may include superannuation tax changes, Treasurer Scott Morrison says
11 Nov 2015
The Federal Treasurer has signalled changes to superannuation tax might form part of the Government’s plans for reform. Scott Morrison has already said changes to superannuation are being considered, and today he took it further, indicating he is interested in a Deloitte Access Economics proposal to make higher income earners pay more on their superannuation […]
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Treasurer Scott Morrison describes income tax as Australia’s ‘silent tax’
09 Nov 2015
TREASURER Scott Morrison has given the clearest signal yet that income tax could be cut to offset a potential rise in the GST, describing it as a “silent tax’’ that penalised working people. Mr Morrison’s comments came as the Government continued to spell out its case for why the 10 per cent goods and services tax […]
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Malcolm Turnbull’s tax reform plans facing pushback from Liberal MPs
04 Nov 2015
Malcolm Turnbull’s plans to reform Australia’s tax system is facing a pushback from his own side with Liberal MPs demanding long-term structural reform and tax cuts to compensate for a potential rise in the GST to 15 per cent, or broadening of the tax to cover new items such as fresh food. Debate within the […]
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Reserve Bank keeps interest rate at 2 per cent, leaves door open for further cut
03 Nov 2015
The Reserve Bank of Australia has left interest rates on hold at the historic low of 2 per cent, but opened the door for a rate cut. The RBA left the official cash rate where it has been since May, saying in a statement that prospects for an improvement in the economy had strengthened a […]
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