Fewer Victorian private schools will lose their longstanding payroll tax exemption than first thought, with the fee threshold to be increased. The 2023/24 state budget forecast about 110 non-government schools would lose the exemption from mid-2024, raising $422.2 million (US$280 million) for the state across the next four years. Peak bodies for independent and religious schools…
Labor’s Landmark Tax Reversals Are Welcome, but Budget Deficits Now Look Enshrined
Commentary Sidelined by this week’s news of gold medals in Tokyo, and an expanding COVID-19 outbreak in Sydney, was the Australian Labor Party’s announcement they would no longer look at proposed tax increases if successful in next year’s bid for government. This is a stunning reversal of Labor’s stance at the 2019 election and a…
$12 Billion in Tax Cuts to Drive Australian Economy
March 16, 2021
admin
AustraliaAustralia Economic RecoveryAustralian economyaustralian taxCOVID Economic RecoveryInternationaljosh frydenbergtax cutWorld
0 Comment
Working Australians are expected to see $12 billion worth of tax cuts go into their pockets in the next six months as the federal government moves on from JobKeeper to other economic support policies. Treasurer Josh Frydenberg said the data shows around 8.8 million Australians had already benefitted from $9 billion in tax cuts from…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta