Federal budget 2024: Hidden cost in stage 3 tax cuts
Australia’s income tax take is set to soar to a record high this financial year with taxpayers to be slugged…
Federal budget 2024: Jim Chalmers’ second surplus all but assured
Treasurer Jim Chalmers is all but assured of delivering back-to-back surpluses, with new figures showing thumping revenue flows and tightened…
Australia world leader in income tax surge, OECD data reveals
Australians’ personal income tax burden, already among the highest in the world, grew faster than any other advanced economy last…
Australia should prepare for the death of the middle class, experts warn
Australia should prepare itself to mourn the death of the middle class as the once-famed land of opportunity and birthplace…
Most of the Australians negatively impacted by Anthony Albanese’s tax cut backflip aren’t ‘rich’, expert claims
Australians who will miss out on generous tax cuts aren’t mostly wealthy company bosses or bankers, but ordinary hardworking tradies…
‘Terrible’: Top economists take aim at mega tax cuts that will mostly benefit the rich
Chances are you’re about to get a fairly decent tax cut from the middle of the year, putting cash back…
Former Treasury boss Ken Henry warns government about income tax reliance
The growing reliance on personal income taxes to prop up government coffers is an “intergenerational tragedy”, former Treasury boss Ken…