tax

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How cutting the capital gains tax discount could help rebalance the housing market

Current attention is centred on the prospect of the government reducing the capital gains tax concession for landlord investors in residential property.

Australians send more than 300,000 tip-offs to ATO over dodgy tax practices

“People evading tax and super obligations are directly harming honest businesses and increasing the burden on other Australians.”

Jim Chalmers unveils major retreat on controversial superannuation changes

The proposals have been under attack for months, including from former treasurer and prime minister Paul Keating who directly lobbied Albanese.

Australians are losing more of their income to tax than in decades, new report shows

There is growing concern that we are increasingly putting too much of the tax burden on people aged in their mid-30s to mid-50s.

You won’t believe which Aussie job pays over $470,000 a year — and it’s not what you think!

The average income of Australians rose to $74,240 (up from $72,327), while the median income climbed to $55,868.

Albanese government bids for votes with ‘top-up’ tax cuts for all

Delivering his fourth budget on Tuesday night, Treasurer Jim Chalmers described the tax relief as “modest”.

Trudeau escalates trade war with Trump, fuelling fears of a “Trumpcession”

Trudeau has now warned Canadians to brace for economic turbulence but insisted that the countermeasures are necessary.

Cheers to savings as Albanese freezes beer tax to help pubs and drinkers

For decades, the excise on draught beer has been indexed twice a year, contributing to rising costs for venues and customers alike.

Brewers, distillers, and winemakers set for tax relief under Albanese’s new plan

The tax relief package is estimated to reduce tax receipts by $70 million over five years from 2024-25.

‘AI agents’ promise to arrange your finances, do your taxes, book your holidays – and put us all at risk

Privacy concerns arise as your sensitive medical and financial information flows between multiple systems.

Must-read

Melbourne family shattered by loss of 16-year-old son, calls for better pedestrian protection

Chris Rua Antony died in hospital on February 20, a week after he was struck by a car while walking home from school along Pound Road in Narre Warren South.

Gaza’s endless War: Proxies, misinformation, and the civilians caught in between

Many senior Hamas leaders have lived for years in luxury abroad, in places such as Qatar and elsewhere, far removed from the consequences of the war they help direct.

Albanese and ministers join Ramadan celebrations, encouraging wider community participation

Social Services Minister Tanya Plibersek described Ramadan nights in Lakemba as one of Sydney’s great traditions, pointing to the bustling streets and strong sense of community.
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