It would be easy to misinterpret a recent comment by federal Treasurer Scott Morrison as meaning that states and territories generate 90% of all revenue collected in Australia. That’s not the case.
Business Council of Australia president Catherine Livingstone has told Malcolm Turnbull he has had an “almost unparalleled” impact on national sentiment since becoming prime minister.
Splitting the Goods and Services Tax in two, and taxing goods at a higher rate, would help to reflect the extra environmental damage done by products that are bought and later thrown in the rubbish.
The Productivity Commission has just released a timely new working paper that sheds light on how Australia’s tax and transfer system functions to distribute income across the population both at a point…
Treasurer Joe Hockey has delivered yet another address saying income tax cuts must be given. That gets him an easy headline but tells us very little about the government’s plans. Hockey has also given…
If GST was added to meat, the government could raise billions of dollars in revenue while also encouraging shoppers to eat more veggies - a lipsmacking prospect for public health and the environment.
The Shadow Assistant Treasurer, Andrew Leigh, has said the the Government’s latest tax discussion paper says the GST is as inefficient as income tax, adding he thinks it’s less equitable. Is that right?