tax

The federal budget deficit forecast for this financial year has been slashed to just $1.1bn, all but guaranteeing Jim Chalmers will deliver back-to-back surpluses.In a move designed to ease inflationary pressures, the Mid-Year Economic and…

Anthony Albanese has paid a hefty sum for reforms to share the costs of the National Disability Insurance Scheme with the states and territories. The Prime Minister hosted leaders for the final national cabinet meeting of the year in a bid…

A federal levy which could allow people to continue banking at post offices could be a solution to an ongoing branch closure crisis as banks desert cities and regional hubs across Australia.A Senate inquiry examining bank closures across…

One of Australia’s leading economists has urged the federal government to delay stage three tax cuts, warning that moving ahead with the proposed timeline will further inflate prices.The controversial tax cuts will give Australians earning…

IRS whistleblowers Gary Shapley and Joseph Ziegler have been vindicated by witness testimony related to the Hunter Biden investigation. Delaware U.S. Attorney David Weiss, special counsel in the Hunter Biden case and additional Department…

Nearly one third of the largest companies in Australia paid no income tax in 2021-22, according to the Australian Taxation Office (ATO).It’s not unusual for large companies to pay no income tax in a given year, since income tax is paid on…

Younger workers will face crippling income taxes and governments will be forced to slash spending if baby boomers and Gen X voters continue to put tax reform in the too-hard basket.Incoming Productivity Commission chief Danielle Wood has…

With a tax deadline looming, one particular group of workers is delaying their annual return due to “tax paralysis”, according to new data.The Australian Taxation Office is urging anyone wishing to lodge their own tax return to move quickly…

The federal government should immediately add super to paid-parental leave and work to boost it to 52 weeks, while also reducing the tax offset for carers to combat rampant gender pay inequity, according to a major report.The government’s…

All eyes have been on Colorado this college football season — including the eyes behind these sunglasses — as Deion Sanders, better known as Coach Prime, has taken the University of Colorado Buffaloes team to a 3-2 record, so far, with the…