It is a safe rule of thumb to assume that whenever a minister or a bureaucrat says “no one will be worse off”, that means everyone will be worse off. For proof of this, consider the so-called GST...
Since 2007-8 – the last time Australia enjoyed a budget surplus and zero net public debt – government spending has increased by 78 per cent. Spending now makes up 25.4 per cent of GDP. By...
Free market think tank the Institute of Public Affairs has today released new analysis based on Australian Bureau of Statistics data, which finds that almost half of Australian workers would be...
The Coalition’s proposed Treasury Laws Amendment (Enterprise Tax Plan No. 2) will reduce corporate taxation from 30% to 25% over 2019-2027 for all businesses.1 This builds on Treasury Laws...
The government has pulled a switfy. They’ve got everyone thinking they are going to cut taxes. They aren’t. Taxes are going up under the government’s income tax plan which passed the Senate...
If Scott Morrison and Malcolm Turnbull were corporate CEOs, they’d be done for misleading and deceptive conduct. They claim that the 2018-19 Budget will cut taxes. To most people, this would mean...
The budget is littered with titbits mostly designed to garner political support. There’s the targeted, low and middle-income tax offsets which will provide relatively small tax cuts for those...
The Turnbull government’s proposed ban on cash payments above $10,000 is a disturbing breach of our right to privacy, an attack on the basic liberty of free exchange, and will worsen Australia’s...
Treasurer Scott Morrison’s budget speech opened with the remark ‘What have you achieved?’ to which the chamber responded with howling laughter. This was the fifth budget of the Coalition...
