South Australians can breathe a sigh of relief today after the State Government declared its bank tax ‘dead’. If any state economy needs lower taxes, less red tape and a more competitive free...
“The bank tax would have crushed investment, job creation, and growth in South Australia. It’s good that it has been abandoned,” said Mr Wild, research fellow with the free market think tank the...
President Donald Trump is planning to lower company tax to 20 per cent, the British Conservatives will be lowering their company tax from 20 per cent to 17 per cent by 2020, the Netherlands...
Our new research brief provides four facts about economic inequality in Australia. Despite the claims, income inequality in Australia is low and decreasing. While wealth inequality has increased...
The Labor Party is proposing another attack on wealth-creating businesses with its planned tax hike on discretionary trusts. It remains unclear how substantial the tax hit will be. Labor is...
Sigh. Yet another round of debate on “inequality”. Yesterday Richard Denniss was warning us that even those “lefties” at the IMF thought inequality could be a drag on...
The relationship between taxpayers and government should be symbiotic – to the mutual benefit of each party. This is certainly what Adam Smith had in mind when he wrote that everyone should...
The Government announced major changes to the banking sector in the 2017-18 Budget, including: • A tax of 0.06% on the liabilities of the four major banks plus Macquarie. • Forty per cent of a...
“The bank tax is an unconscionable violation of the Coalition government’s low tax principles. All taxes are paid for by workers, consumers, and shareholders. The bank tax is no...
“This Budget lacks the ambition needed to fix the deep structural problems with our national economy and finances. Taxes will continue to rise, and government will remain too big”...
It is pre-budget silly season again. You know, the time of year when we get to hear all of the good -reasons why government should spend more money. It is also when we get to hear why government...
The Turnbull government’s proposal to eliminate the $1000 threshold before the GST is levied on imported goods is not a tax integrity measure. It is a tariff, and one that will have serious...
