OECD welcomes MYEFO restraint, but urges GST increase
By Michael Janda Even though Australia has only around a third of the public debt of an average OECD member country, Philip Hemmings explained that a high level of private debt and reliance on...
Tagged: GST
‘Growth-friendly’ not politics-friendly
He also raised issues with the fact there was no tax on super payouts for over 60s. The report said the current tax treatment of pensions was unusual. "Making superannuation income tax-free has meant that...
OECD welcomes MYEFO restraint, but urges GST increase
By Michael Janda On the fiscal front, the OECD‘s report also lends support to the prospect of extending land taxation to owner-occupiers, the Minerals Resource Rent Tax recently scrapped by the current Government and...
Aussie retailers face online threat
By AAP Upmarket American fashion retailer Nordstrom sells 13 per cent of its goods online, and automatically converts prices into Australian dollars when its website is accessed in Australia. Some Australian retailers, including Mr...
Aussie retailers face online sales threat
By AAP Upmarket American fashion retailer Nordstrom sells 13 per cent of its goods online, and automatically converts prices into Australian dollars when its website is accessed in Australia. Some Australian retailers, including Mr...
Business supports increasing GST
By AAP “Eighty per cent of respondents support increasing revenue by reforming taxation, with priorities being broadening and increasing the rate of GST along with removing middle class and business welfare tax breaks”. A...
OECD report builds case for GST rise
The OECD report also found as volumes of cross-border trade in services and "intangibles" grew, there would be "considerable difficulties in determining where services are deemed to be consumed, to monitor these transactions and...
OECD report builds case for GST review
The OECD report also found as volumes of cross-border trade in services and "intangibles" grew, there would be "considerable difficulties in determining where services are deemed to be consumed, to monitor these transactions and...
Tax breaks on property and super ‘distorting’ and benefit rich
He said dividend imputation had created a "bias towards debt funding" and in particular pushed Australians and superannuation funds to invest in domestic shares. "The benefits of dividend imputation, particularly in lowering the cost...
Lew lashes AusPost over GST
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