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| | | The government will amend tax laws to clarify the treatment of managed investment trusts to ensure "legitimate investors" keep their concessional withholding tax rates in Australia. Federal Budget documents said that change complements the Australian ... |
| | | | A breakdown of government revenue revealed the superannuation sector will contribute $25.6 billion to the government's bottom line in 2025-26 - an uplift of $9.7 billion since the MYEFO from taxes on the sector. "The upgrade to superannuation fund ... |
| | | | ... settings. Budget documents said: "These new tax cuts are modest, but they'll make a difference." Last year, the government introduced tax relief measures by cutting two rates and lifting two thresholds - benefiting all taxpayers. The changes included ... |
| | | | ... more support for Australian firms to seize new commercial opportunities in India," the Budget said. In addition, the government has boosted defence spending with a $330 billion investment in the Defence Integrated Investment Program out to 2033-34, which ... |
| | | | The government plans to strengthen the sanctions available to the Tax Practitioners Board (TPB) to protect consumers against misconduct. As part of the Federal Budget, the Albanese government is enhancing sanctions the TPB can impose, modernising the ... |
| | | | Handing down the Federal Budget, Treasurer Jim Chalmers said the government is reducing all prescriptions available through the pharmaceutical benefits scheme (PBS), as well as investing a "record" $7.9 billion in Medicare to lift bulk billing rates. ... |
| | | | ... wage workers were being sued by former employers or threatened with legal action if they tried to switch jobs. The government said eradicating such clauses could life the wages of workers by up to 4% or $2500 a year, based on median wages. Meantime ... |
| | | | CoreLogic has rebranded as Cotality, a name the property data company said is a nod to its origins while signifying its approach of 'totality' and spirit of 'vitality.' Cotality said the rebrand, complete with a new name, logo, and "brand identity," ... |
| | | | ... cost-of-living relief. The ongoing cost-of-living relief is expected to take front and centre, especially as the Albanese government is required to call the federal election prior to May 17 - a move that HSBC chief economist Paul Bloxham has warned against. ... |
| | | | ... Australians can use and invest in digital assets safely and securely with appropriate regulation," they said. On Friday, the government released a Statement on Developing an Innovative Australian Digital Asset Industry, which outlines four key planks ... |
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