Articles on MYEFO

Displaying 41 - 45 of 45 articles

Joe Hockey will today deliver his first MYEFO. AAP/Stefan Postles

Massive deficit comes wrapped in blame

The budget update released today will reveal that without policy changes, Australia’s cumulative deficits would total more…
Deficits in the longer term are not sustainable. AAP

Structural deficit is Hockey’s elephant in the room

Media reports preceding the mid year economic and fiscal outlook suggest we should expect a deficit of just under A$50 billion, a further deterioration of Australia’s budget position since the pre-election…
Does Australia’s company tax rate place a significant impost on local businesses? shutterstock

Australia’s company tax ‘burden’ is just a myth

Treasurer Swan could reduce the headline corporate tax rate from its current 30% rate to just over 15%, with virtually no consequences for government tax revenue with one simple piece of legislation: simply…
Despite the lack of any substantial reform, last week was quite a big week for Australia’s tax system.

Company tax and the limits of politics

Last week was quite a big week in tax, although when the dust had settled it was not clear what — if anything — had really happened. First, the Treasurer announced in the Mid Year Economic and Fiscal Outlook…
Tax reform or trickery? Treasurer Wayne Swan’s plan for businesses to pay a monthly tax bill instead of a quarterly one has been met with acrimony from the business community. AAP

Timing is everything: making sense of Swan’s corporate tax shake-up

One of the more contentious issues in the 2012-13 Mid-Year Economic and Fiscal Outlook (MYEFO) is a tax-timing change. Corporate income tax will be paid monthly instead of quarterly for very large corporations…

Top contributors

More