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| UpdatedThe furore over the backpacker tax could soon be over with Treasurer Scott Morrison announcing the Coalition will compromise again on the rate and push for 15 per cent.
Topics: federal-government, government-and-politics, community-and-society, work, tax, australia
Posted
| UpdatedNew Zealand's farmers say they will be the ones to benefit if the Australian Government imposes a big new tax on backpackers who pick fruit in Australia.
Topics: federal-government, government-and-politics, federal-parliament, tax, rural, world-politics, australia, new-zealand
Posted
| UpdatedDeath and tax are the two certainties in life, so why not combine them? With Australia struggling to repair a growing budget deficit it might be time to resurrect the inheritances taxes killed by Joh Bjelke-Petersen.
Topics: tax, budget, economic-trends, australia
Posted
Paul McConnell, head of global research, Wood Mackenzie says latest report outlines risks and challenges for oil companies such as carbon policies and decarbonisation, finds many already factor in a variety of carbon prices into operations.
Topics: mining-rural, science-and-technology, climate-change, tax, oil-and-gas, mining-industry, perth-6000
Posted
Curtailing access to negative gearing on investment property could contribute to reducing Australia's budget deficit and securing the AAA credit rating, argues a former RBA board member.
Topics: budget, economic-trends, tax, housing-industry, australia
Posted
| UpdatedA Hazelwood worker labels tax rules that stop him from qualifying for a genuine redundancy because he is over 65 as unjust, and calls for the rule to be reviewed.
Topics: tax, yinnar-3869
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New South Wales Planning Minister Rob Stokes has broken ranks with his federal Liberal Party colleagues on the issue of negative gearing, arguing the rules should change to help ease Sydney's housing affordability crisis.
Topics: housing, government-and-politics, tax, nsw, australia
Posted
The NSW Planning Minister Rob Stokes has broken ranks with his federal Liberal Party colleagues on the issue of negative gearing, arguing the rules should change to help ease Sydney's housing affordability crisis.
Topics: tax, housing-industry, liberals, federal-government, australia
Posted
| UpdatedTasmanian fruit growers claim the Federal Government is not being clear on superannuation aspects of its 19 per cent backpacker tax.
Topics: tax, fruit, work, federal---state-issues, tas, launceston-7250, hobart-7000
Posted
| UpdatedA Victorian Farmers Federation representative says the political stalemate over the backpacker tax demonstrates "utter contempt" for food producers.
Topics: farm-labour, federal-government, agricultural-policy, crop-harvesting, agricultural-crops, tax, mirboo-north-3871, maroochydore-4558, albany-6330, katherine-0850
Posted
Firebrand Tasmanian senator Jacqui Lambie has unleashed a spectacular public spray against the first female boss of the National Farmers' Federation.
Topics: agribusiness, tax, australia
Posted
| UpdatedJacqui Lambie is involved in a heated public dispute with National Farmers' Federation president-elect Fiona Simson over the backpacker tax, just hours after the Senate voted in favour of the Tasmanian senator's 10.5 per cent proposal.
Topics: government-and-politics, parliament, federal-parliament, rural, tax, australia
Posted
| UpdatedThe Senate rejects the Coalition's backpacker tax proposal, throwing its weight behind a 10.5 per cent rate.
Topics: federal-government, federal-parliament, parliament, government-and-politics, tax, rural, australia
Posted
| UpdatedA tax on sugar could cut soft drink consumption by 15 per cent and raise $500 million for the budget, new economic modelling shows.
Topics: sugar, obesity, health, tax, government-and-politics, doctors-and-medical-professionals, australia
Posted
The way Australia taxes companies for gas projects now lags behind our closest neighbour, Papua New Guinea, which has reformed its tax system to ensure it gets money sooner.
Topics: oil-and-gas, tax, wa, australia, papua-new-guinea, pacific
Posted
| UpdatedRatings agency Standard & Poor's reiterates its warning that Australia's AAA sovereign credit rating is under imminent threat without more budget savings or revenue measures.
Topics: budget, federal-government, tax, economic-trends, australia
Posted
| UpdatedAustralia's current revenue from oil and gas production suggests it is "falling far behind" in its ability to capture the benefits of the LNG export boom, according to the International Transport Workers' Federation.
Topics: oil-and-gas, tax, budget, government-and-politics, australia
Posted
| UpdatedCoalition Minister Luke Hartsuyker, who has been heavily involved with the backpacker tax legislation, has been unable to say how much money the proposed measure will save.
Topics: tax, federal-government, rural, australia
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New West Australian of the year, Andrew Forrest, says a call by WA Nationals to put a $5 tax on his iron ore competitors, BHP and Rio Tinto, is not how West Australians operate and state agreements should be honoured.
Topics: mining-rural, tax, mining-industry, perth-6000
Posted
| UpdatedThe Federal Government could save about $1 billion a year by changing three unfair tax breaks for older Australians, a new report says.
Topics: tax, welfare, older-people, business-economics-and-finance, budget, community-and-society, poverty, australia
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The Grattan Institute says the Federal Government could save about $1 billion per year by winding back what it claims are "unduly generous" tax breaks for older Australians.
Topics: tax, government-and-politics, budget, australia
Posted
| UpdatedFarmers remain mired in uncertainty as the Senate prepares for this week's showdown over income tax rates for backpackers. Here's what you need to know about the deal.
Topics: tax, government-and-politics, travel-and-tourism, immigration, rural, australia
Posted
| UpdatedMalcolm Turnbull says Australia's economy must become more "flexible and competitive" but emphasises that in the wake of Donald Trump's victory reform must be "seen to be fair" to overcome disquiet.
Topics: government-and-politics, globalisation---economy, federal-government, world-politics, tax, turnbull-malcolm, australia
Posted
Facebook braggers beware — the Australian Taxation Office is watching to make sure your declarations and social media posts add up.
Topics: tax, social-media, adelaide-5000
Posted
| UpdatedThe International Monetary Fund praises Australia for maintaining better economic growth than other developed nations, but argues more could be done to minimise housing sector risks.
Topics: economic-trends, housing-industry, budget, tax, money-and-monetary-policy, australia