Chris Samuel/Flickr
NATSEM analysis of Treasury data shows most of the benefits of the 2024-25 cuts are implemented flow to high income earners.
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Mathias Cormann and Jim Chalmers on Budget 2018
Finance minister Mathias Cormann and opposition finance spokesperson Jim Chalmers share their thoughts on the federal budget.
Timing tricks help politicians avoid dealing with the substance of their policies. That isn’t going to change any time soon.
Cindy Zhi
It seems that timing tricks are now a thing in Australian politics. Revenues are brought forward and spending pushed back for cosmetic effect.
Mick Tsikas/AAP
Tim Colebatch on the 2018 budget
From inside the lockup political and economic journalist Tim Colebatch speaks to Michelle Grattan about his assessment of the budget.
Treasurer Scott Morrison visits journalists in the 2018 budget lockup.
Lukas Coch/AAP
What does the evidence say about the policy measures announced in the budget?
Wes Mountain/The Conversation
All you need to know about the 2018-19 federal budget in our simple at-a-glance graphic.
Treasurer Scott Morrison played it safe with the 2018-19 budget.
LUKAS COCH/AAP
Even though this year’s budget is pretty good politics and reasonable economics, on almost every front, it is a missed opportunity to be bold.
The government should remove age based tax breaks to boost budget revenue.
GLENN HUNT/AAP
Here are five ways the Treasurer could boost revenue to make the numbers work.
Ken Henry, John Howard and Joe Hockey have all attempted to reform Australia’s tax system.
Emil Jeyaratnam/AAP
There’s never been a better time for tax reform. But as governments have tried (and stumbled) over the years the burden has shifted to individual taxpayers and the latest budget looks no different.
Protestors call for an investigation into bank regulator APRA outside the Commonwealth Law Courts Building in Melbourne, location of the banking royal commission.
Luis Ascui/AAP
All eyes will be on how ASIC and APRA respond to the findings of the banking royal commission. Will they be defensive about past mistakes, or move forward with tighter regulations?
The use of closed networks in the recruitment and selection of board members creates other problems.
BEN MACMAHON/AAP
Whoever replaces the directors resigning at AMP and the Commonwealth Bank will likely be drawn from a small pool of people.
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The modelling shows that Coalition governments tend to be much more fiscally conservative in their tax and welfare policies than Labor governments.
With the second and third releases of ATO tax transparency data, the was no reaction from the financial markets at all, not even for those firms included in the disclosures.
BEN RUSHTON/AAP
Mandatory tax return disclosures for large companies were designed to increase public awareness of tax avoidance - but a new study reveals they may not work.
James Ross/AAP
Chris Bowen on the budget and Labor’s policies
Shadow treasurer Chris Bowen tells The Conversation he accepts that big business will "lobby on their own path".
GLENN HUNT/AAP
Australian businesses will not be forced to comply with or fall foul of the new data regulation merely because they maintain websites accessible in the EU.
The Commonwealth Bank’s chairwoman and CEO, Catherine Livingstone and Matt Comyn.
AAP
The Commonwealth Bank has been given responsibility to fix its own management mess. Regulators could have done a lot more.
Part of the Chevron Gorgon LNG project (under construction), Barrow Island, Western Australia.
Ray Strange/AAP
A small change in the method for valuing gas would increase revenue from the petroleum resource rent tax by US$15.5 billion to 2030, compared to the current US$5 billion to 2030.
BCA chief executive Jennifer Westacott is trying to counter anti-business sentiment.
Lukas Coch/AAP
Westacott is on the frontline in what has become the toughest of gigs, given the shocking disclosures, and subsequent fallout, in the financial sector.
Former AMP CEO Craig Meller (left) and chairwoman Catherine Brenner.
AAP
ASIC and APRA don’t lack power to sack bank directors. They the lack the willpower to do so.
Kang Hyejin/shutterstock.com
The big four accounting firms’ brands are grounded in their histories. But looking into their past reveals many stories of discrimination.
Large companies control 88% of the agricultural export market.
Shutterstock
Smaller Australian businesses are more productive than larger ones, but have disproportionately low levels of exports and wages.
Jobs and growth underpinned by a healthy level of investment are essential aspects of a modern society, but cutting the company tax rate is not the way to go.
Mick Tsikas/AAP
To reap the benefits of strong business investment without a costly tax giveaway, Australia must continue to play to its strengths.
Sam Mooy/Flickr
If we do escape the interest only debacle unscathed it will be pure, dumb luck, not a consequence of good design or sound regulation.
Australian Securities & Investments Commission (ASIC) chairman James Shipton has come under fire for inaction on bad bank behaviour.
Mick Tsikas/AAP
Even when ASIC has been sufficiently resourced to pursue litigation, the Australian courts have contributed to an environment where contravening behaviour is a rewarding option.
In a pre-election budget, we can expect infrastructure politics to triumph over policy, yet again.
Julian Smith/AAP
Australia does need infrastructure to spur growth and support jobs - that idea comes with a big “but”.