With a recession looming and rate hikes hurting hip pockets, a fight over tax cuts is escalating as Labor prepares to deliver its first budget in almost a decade.
Retirement is a period most people eagerly anticipate. It’s that wonderful stage of life when you can finally unwind and spend your time as you please.
The head of the United Nations has called for Australia and other major economies to tax the super profits of fossil fuel companies to help people make ends meet and be protected from climate change.
Residents from the Perth suburbs of Cottesloe and Peppermint Grove have been revealed to have the highest average income in the nation, according to new tax figures.
You should be aware of your tax and super obligations before you leave Australia. If you have already left, you can use ATO online services to do most tasks.
If you are one of those people that are looking for opportunities to maximise your super, and claim a tax deduction along the way, there are strategies that may help.
Josh Frydenberg has tried to soothe concerns that spending in his fourth budget will inflame already heated inflation and bring forward an interest rate rise earlier than would otherwise be the case.
Treasurer Josh Frydenberg has unveiled a pre-election budget spliced with billions of dollars worth of tax offsets, cash payments and fuel excise relief.
Business groups believe the Morrison government is taking a “smart approach” to deregulation with a budget proposal to reduce red tape, while improving the cash flow for small businesses.
