In its 2016-17 budget the federal government has released a raft of new measures that it says will help modernise and build integrity into Australia’s tax and superannuation systems.
Small business will be the biggest beneficiary of the measures, while high-income earners building their super for wealth creation will be targeted to help the...
From the Parliament House lockup, Grattan Institute CEO John Daley joins Michelle Grattan to give an overall picture of the government’s pre-election budget.
Michelle Grattan does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant...
What a paradox! This is an election-eve budget without big sweeteners to woo the voters.
Look in the “show bag” and the contents are sparse, apart from raising the tax threshold from $80,000 to $87,000 at which people move into the 37% marginal rate. Those earning under $80,000 get no income tax relief.
And there are some hits to...
I’ve always thought all businesses capable of creating jobs and wealth, regardless of their size. There’s certainly no economic theory that suggests big businesses can’t. But according to Treasurer Scott Morrison small businesses are blessed with special creative powers. He told AFR Weekend last week: “they are the hope of...
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