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Showing 11 - 20 of 156 results for "Tax System"

Improvised super tax poses unfair, inequitable outcomes: Industry

MATTHEW WAI  |  TUESDAY, 20 JAN 2026
... refund of tax already paid. Treating those refunds as irrelevant when calculating earnings is at odds with how our tax system is designed to work." The submission warns the draft legislation would penalise super funds holding assets that generate franked ...

Replace capital gains discount with income averaging: e61

RIDDHIMA TALWANI  |  THURSDAY, 15 JAN 2026
... earners while reducing tax paid on interest and dividend income, thereby improving the equity and efficiency of the tax system. A report by Oxfam Australia recently revealed nearly 50% of the capital gains tax discount went to 24,000 people who earned ...

Productivity Commission makes 47 recommendations

ELIZA BAVIN  |  MONDAY, 22 DEC 2025
... dynamic and resilient economy, the PC focused on current tax setting and regulatory burdens. "Reforming our company tax system and reducing the burden of regulation are two of the best ways to inject more dynamism and investment into our economy," PC ...

Government cracks down on financial abuse via coerced directorships

RIDDHIMA TALWANI  |  THURSDAY, 27 NOV 2025
The government has opened consultation to combat financial abuse in families perpetrated through coerced directorships. The consultation paper by the Treasury noted that financial abusers can exploit loopholes in tax and corporate systems, weaponising ...

Hume's super sharing bill lashed in parliament

ELIZA BAVIN  |  FRIDAY, 7 NOV 2025
... balance to optimise tax treatment would also be a significant departure from the existing longstanding superannuation and tax system settings, which are generally based on an individual unit rather than a couple," she said. Darmanin accused the opposition ...

Removing CGT breaks could boost budget by $22.7bn: Report

ANGELIQUE MINAS  |  FRIDAY, 10 OCT 2025
... income support. Oxfam acting chief executive Chrisanta Muli describes these findings as evidence that the Australian tax system is exacerbating the inequality crisis. Muli said: "Our tax system is deepening inequality because it fails to tax wealth. ...

Chalmers says tax reform coming, but offers no detail

ELIZA BAVIN  |  MONDAY, 25 AUG 2025
... it's the tax cuts that I've referred to a couple of times already, the changes that we are already delivering in the tax system are an important part of this," he said. "We haven't changed our specific policies on [trusts and capital gains], but what ...

Grattan calls for large scale tax reform

ELIZA BAVIN  |  FRIDAY, 22 AUG 2025
... executive Aruna Sathanapally called for tax reform when presenting at the three-day Economic Reform Roundtable. "A good tax system raises the revenue to fund quality public services. A better tax system does that more efficiently, fairly, and in a way ...

Chalmers unveils Economic Reform Roundtable agenda

ELIZA BAVIN  |  TUESDAY, 5 AUG 2025
... by Treasury Secretary Jenny Wilkinson on the role of budget sustainability and a presentation on building a better tax system by Grattan Institute chief executive Aruna Sathanapally. Attendees are then expected to discuss ideas for ensuring efficient ...

Productivity Commission recommends corporate tax cut

ELIZA BAVIN  |  FRIDAY, 1 AUG 2025
... parents. We need to spark growth through investment and competition - the best way to do that is to fix our company tax system," PC deputy chair Alex Robson said. "Our proposed reforms will begin to shift the company tax system towards one that better ...