#Budget2016

Super tax concessions:  did the Treasurer meet his own objectives?

 In a speech on 18 February 2016, the Treasurer said “there is a strong case for examining the size and structure of [superannuation] tax concessions” in order “to be confident…

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All the world’s a stage and on #Budget2016 night, Twitter is where it’s played out.

Budget night is a veritable bonanza of the political and business aficionados on Twitter. There is normally opinion, humour and tension that makes for gripping reading, and if you miss…

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Viewing #Budget2016 from Periscope. Safe to fail on Budget night

Budget night is one of the busiest nights of the year for many professional services firms. Detailed analysis from experts, media calls, video and for the first time a live…

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#Budget2016: A curate’s egg, good in parts

From a corporate tax perspective, the Budget was a curate’s egg – good in parts. We welcome the proposed reduction in the corporate tax rate to 25 percent – this is a…

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#Budget2016: Insight on multinational anti-avoidance measures

What the new multinational anti-avoidance law – MAAL 2 – is fundamentally about is the balance of power in a negotiation. We already have the laws in place to deal…

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KPMG responds to #Budget2016 R&D and economic implications

On innovation, Paul Van Bergen, KPMG R&D Incentives Tax Partner said: The Budget contained some welcome news for innovative Australian companies.

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KPMG responds to #Budget2016

Corporate Tax “We welcome the proposed reduction in the corporate tax rate to 25% but transitioning it over an eleven-year period is likely to result in Australia falling further behind…

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Social media will be a definite winner for #auspol @AboutTheHouse on #Budget2016 night

Tonight, at approximately 7.30 pm the Treasurer will begin his second reading speech with #Budget2016. Traditionally it is broadcast live by national television and radio and watched by individuals, families,…

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A healthier structural deficit: taking the temperature on healthcare

Yesterday we released the ‘Solving the Structural Deficit’ report which is our contribution to the public conversation about creating a strong and sustainable Australia. It’s not just for now, but…

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Structural deficit reform: growing Australia without borrowing from the future

Australia is in its eighth year of substantial and unsustainable fiscal deficit. To be sure, this is partly due to the GFC and governments’ additional spending in response to this.…

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