The Australian Council of Social Service has called for the tax treatment of private trusts to be tightened, which it says could save $1.5 billion in 2017-18.
Fairfax-Ipsos’ first poll of 2016 has the government ahead 52-48% on the two-party vote and Malcolm Turnbull leading Bill Shorten 64-19% as preferred prime minister. While the numbers for the Coalition…
Bill Shorten has unveiled tax changes that will tighten negative gearing and capital gains tax provisions, saving $565 million over the forward estimates and $32.1 billion over a decade.
Assistant Treasurer Kelly O'Dwyer told the ABC that “average income earners largely are the people who do get to take advantage of negative gearing.” Is that a fact?
While policies such as negative gearing have helped middle to high income earners own property, they have also locked low income earners out of the market and created an unequal housing sector.
The perennial debate about negative gearing of residential property investments has been reignited yet again, by two reports in the past week. The International Monetary Fund has nominated taxes on housing…
Charis Palmer, The Conversation et Emil Jeyaratnam, The Conversation
Further reading: Little hard data in the area of foreign investment Don’t be misled on Chinese foreign investment: read the facts Don’t blame foreign investment for rising house prices Explainer: why negative…
Abolishing the sacred cow of negative gearing - where losses can be used as a deduction against other income - is considered by governments of all persuasions as electorally unpalatable. But this part…
In the lead-up to a crucial federal budget in May, it could be argued that requiring the Commission of Audit to identify revenue trends that could pose a risk to the budget’s structural integrity could…
In an ideal (and economically efficient) world, tax policy would not influence the investment or consumption choices taxpayers make. In reality, this neutrality is rarely achieved. External factors influence…