Australia is being called a ‘loser country’ over the News Bargaining Incentive. Will we stand our ground?
- Lecturer in Taxation, Discipline of Accounting, Governance & Regulation, The University of Sydney, University of Sydney
Negative gearing hasn’t been abolished, only restricted. But the new rules could distort the housing market in other ways.
See if you’re among the millions of Australians who’ll probably be better off hanging onto your work receipts for tax time next year.
If Washington decides this proposal is a digital services tax in disguise, Australia could face renewed diplomatic friction with the Trump administration.
Critics of the tobacco excise argue the tax has stopped working to further reduce smoking rates and should be lowered.
The digital giants earn billions from Australian consumers. But efforts to tax a fraction of those profits have gone nowhere.
Despite the government taxing tobacco at higher and higher rates, revenue continues to fall. There’s no easy solution.
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