This Month
Changing CGT, negative gearing won’t help housing supply: Treasury
Treasury secretary Steven Kennedy says curbing the capital gains tax deduction would have more impact on lowering house prices than changes to negative gearing, but neither would help boost supply.
- Phillip Coorey and Hannah Wootton
Taxing fossil fuels better than Future Made in Australia, Ken Henry says
The proposal backs a similar fossil fuel export tax on commodities such as coal and gas put forward by former Hawke Labor government advisers Ross Garnaut and Rod Sims.
- John Kehoe
Farmers, builders, economists warn against changing diesel tax credits
A plan by key crossbenchers to overhaul a lucrative fuel tax credit for miners has drawn condemnation from farmers and the WA government.
- Tom Rabe
Trump win would pressure Australia to cut 30pc corporate tax rate
Competition between nations on business taxation and investment will be heavily influenced by the US election outcome.
- John Kehoe
October
Chalmers flags crackdown on tax refunds for pokie makers
ASX-listed poker machine giant Aristocrat had a research and development budget of $22.1 million in 2021-22, according to the ATO data released earlier this month.
- Ronald Mizen
Teals warn: Don’t assume we won’t back Dutton in a hung parliament
Teal MP Allegra Spender is challenging Labor and the Coalition to end political fighting and reform the tax system, releasing her own wide-ranging plan.
- Tom McIlroy
- Opinion
- Opinion
How can it be right to pay tax on something you never had?
The plan to tax paper gains in superannuation funds will harm savers and damage the economy.
- Geoff Wilson
Chalmers digs in on negative gearing advice
Treasurer Jim Chalmers again hedged when questioned if he had asked officials to model changes to tax concessions for property investors.
- Updated
- Tom McIlroy
September
Moves to curb campus antisemitism risk academic freedom
Readers’ letters on potential risks to university independence; reforming the NDIS; InfraBuild’s finances; and the political cost of tax reform.
Labor won’t pursue negative gearing changes, Shorten predicts
The former Labor leader says he is sure the government won’t take changes to property investor tax breaks to the next election.
- Phillip Coorey
- Opinion
- Negative gearing
Labor’s smoke and mirrors on housing
Jim Chalmers and Anthony Albanese face much tougher questions about their economic agenda than the confusion about negative gearing and capital gains taxes.
- Jennifer Hewett
- Opinion
- Letters to the Editor
A plea for genuine reform from a young taxpayer
Readers’ letters on the lack of meaningful policy thinking; misleading discounts; the plague of populism; training for accountants; attacks on Hezbollah; and Gina Rinehart’s email.
Three ideas to sharpen up the Business Council of Australia’s act
Curiously, given business bangs on about innovation all the time, the BCA has failed to get the memo.
- John Kunkel
PM yet to be convinced housing tax changes won’t hurt supply
The prime minister says Treasury is looking at ways to curb the use of negative gearing and capital gains tax, but it wasn’t his idea.
- Phillip Coorey
Albanese confirms negative gearing and CGT options under review
The prime minister says Treasury is looking at ways to curb their use, but refused to say whether it is at the federal government’s request.
- Phillip Coorey
How much tax people will pay under Labor’s super changes
Self-managed superannuation fund members with big balances will face an average tax bill of $50,000 under the government’s plan.
- Michelle Bowes
- Opinion
- Opinion
Gina Rinehart continues her father’s tax crusade
After years railing against the burden of government regulations, the iron ore billionaire is winning support for another key policy passion – lower taxes for northern Australians.
- Tony Boyd
With tax reform, there’s too much diagnosis and too few solutions
Readers’ letters on a better tax system; mortgage brokers; climate change; tradies’ pay; unpaid super; David Rowe’s cartoons; and the best auction tip.
August
- Opinion
- Letters to the Editor
Rent seekers flock to Future Made in Australia honeypot
Readers’ letters on knowing the true cost of Labor’s industry policy; new rules for tax agents; criticism of the AICD; and banks cutting term-deposit interest rates.
This simple change could solve Labor’s super tax problem
Financial advisers and accountants have launched a united front in trying to get Labor to drop the controversial policy increasing the tax paid by the richest super fund members.
- Hannah Wootton
