A simpler company tax system would collect more and could fund a lower rate.
The budget looks good, for now. But the surge in taxable profits will subside as companies find ways to shift profits offshore. We've come up a better way to tax onshore what happens onshore.
The hard work’s been done and the latest Treasury team is taking the credit. Mathias Cormann and Josh Frydenberg.
The budget deficit is as good as dead. For practical purposes we are back to normal with financial firepower recharged for the next crisis.
Turnbull was flanked by Cormann and Morrison who reiterated their support for his leadership.
The government is also dropping its attempt to scrap the energy supplement for new welfare entrants.
Treasurer Scott Morrison may be happy with a budget in balance by 2019-20, but the rising burden on individual taxpayers is a worry.
Personal income taxpayers are shouldering more of the burden, while less revenue is coming from taxes on companies, capital and consumption. Only major reforms will change these sustained trends.
Liberal MP Sarah Henderson, speaking on Q&A.
In addition to the jobs claim, Liberal MP Sarah Henderson said 65,000 new businesses had started in the last year, compared to the closure of 61,000 businesses in Labor's last year. Is that right?
Michelle Grattan speaks with Mark Evans about the week in politics.
Politics Podcast: Tanya Plibersek on Labor’s taxing times.
Tanya Plibersek talks on Anthony Albanese's Whitlam oration, Bill Shorten's unexpected announcement on rolling back company tax for medium sized firms, and the "tough" byelections.
The decision opened Shorten to immediate attack from the government and business.
The decision, announced in response to questions at a news conference on Tuesday, doesn't appear to have gone through shadow cabinet. Nor did Shorten mention it when he addressed caucus that morning.
Treasurer Scott Morrison played it safe with the 2018-19 budget.
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.
Politics podcast: Michael Keating on a Fair Share.
The Conversation 54.4 MB (download)
Keating told The Conversation that taxation revenue will need to rise by another 3 percentage points of GDP in the next three decades.
Mathias Cormann said the government intended to bring the legislation back to the Senate in the budget session.
The government has been forced to put off a vote on its tax cut for big business.
It now appears inevitable the government will hit 30 consecutive negative Newspolls.
Labor retains a 53-47% unchanged two-party lead in the latest Newspoll.
The government is still attempting to lower the corporate tax rate to compete globally.
A cut in the Australian company tax rate to 25 or even 20% is important because it will attract foreign investment, boosting wages and the economy in Australia
Chris Bowen says that failure to reform negative gearing and family trusts will put increasing tax pressure on low- and middle-income earners.
Chris Bowen will target tax loopholes and concessions in a speech on Monday.
Australian Chamber of Commerce and Industry chief executive James Pearson, speaking on Q&A.
On Q&A, Australian Chamber of Commerce and Industry chief executive James Pearson said almost 60% of small business owners in Australia are paid $50,000 or less. Is that right?
Malcolm Turnbull’s government is now more than two-thirds of the way to the 30 losing Newspolls which Turnbull used in challenging Tony Abbott for leadership.
The Coalition is trailing in its 21st consecutive Newspoll, with Labor maintaining its two-party lead of 54-46% and Malcolm Turnbull suffering a setback in his personal ratings.
What will happen to gold mines if royalties are raised?
The Western Australian government is trying to improve its budget position but businesses claim increasing royalties will deter investment.
Adam Cranston, is facing charges in relation to his alleged involvement in the Plutus Payroll tax fraud case. Cases like this highlight how the corporate veil works.
The corporate veil, traditionally friend of directors and foe of outsiders, may have turned double agent.
The government can’t parade modelling one moment and then, when it is unable to produce it, say ‘just apply the pub test’.
The question is totally reasonable, and deserves an answer. But when Malcolm Turnbull and Scott Morrison were asked on Tuesday for estimates of the growth and jobs dividends from the company tax cuts passed…
The Nick Xenophon Team had been dug in for a long time behind backing cuts for businesses with turnovers up to $10 million.
The government’s company tax deal with Nick Xenophon has given Malcolm Turnbull something to spin between now and the May budget. It’s much less than the government’s A$48 billion plan, but it’s more than…