Tax reform

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ACOSS CEO Cassandra Goldie has released modelling which shows that an increase to the GST will disproportionately affect those on lower incomes. AAP/Lukas Coch

GST hike regressive and should be a last option: ACOSS

The Australian Council of Social Service has released modelling on the regressive effects of increasing or broadening the GST.
A few changes in South Africa’s tax administration will have a huge impact on business. Shutterstock

Key tax changes that will affect business in South Africa

South Africa has sent a strong signal against tax evasion and is planning to introduce a carbon tax. There are also incentives for employers keen on taking inexperienced job seekers.
Treasurer Joe Hockey addresses a forum of Tax Institute and Chartered Accountants from Australia and New Zealand, on Monday. Dan Himbrechts/AAP

Hockey’s tax story has a long journey ahead from fairytale to reality show

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…
Treasurer Joe Hockey said that Australia’s heavy reliance on income taxes ‘may be unsustainable’. AAP/Mick Tsikas

Tax paper shows bracket creep is stalking Australian taxpayers

The government's long awaited tax discussion paper says Australia has a relatively low tax burden compared to other developed countries but its system faces "challenges from a changing world".
Then NSW treasurer and now Premier Mike Baird, shaking hands in 2013 to mark the handover of Port Botany under a 99-year lease – the same period as has been proposed to lease state electricity assets to private operators. Dan Himbrechts/AAP

NSW can pay for the infrastructure it needs without privatisation

Privatising public assets is like a tradesperson selling her or his tools when facing a temporary income shortfall. Much better to borrow at low interest rates and productively invest those funds.

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