Shackles loosen on tax reforms
29 Sep 2015
Treasurer Scott Morrison says he is open to any tax changes, including to superannuation concessions, that would make for a more efficient tax system. In contrast to the Abbott government’s blanket refusal to wind back super tax breaks, Mr Morrison used a series of radio interviews yesterday to say he was “interested in anything that […]
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Scott Morrison ‘open’ to super tax changes
28 Sep 2015
Treasurer Scott Morrison has confirmed all taxes, including those on superannuation, must be reviewed as part of hs drive for a more efficient tax mix. “Anything that is going to help Australian’s work, save and invest, I am open to,” the Treasurer said on Monday morning. Mr Morrison, who replaced Joe Hockey as Treasurer, has […]
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Broken tax system needs more than a Band-Aid solution
27 Sep 2015
The problem with tax reform is that Australia’s tax system is fundamentally broken. Piecemeal reform simply won’t cut it and our political leaders simply don’t have the capacity or the willingness to embrace widespread reform. As such, yesterday’s AFR Tax Reform Summit didn’t offer anything we hadn’t heard before. Fiscal policy in Australia is a […]
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Bracket creep hits low-earners
15 Sep 2015
Low-income earners are the biggest losers from bracket creep and not middle Australia, one of Australia’s top economists says. And increasing the GST would deliver billions of extra dollars in revenue while leaving enough to shield poorer households from the impact of higher prices, according to Deloitte Access Economics. The financial consultancy group will today […]
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