Tax

MYEFO optimistic but Australia needs to stay the course on fiscal discipline

The overall MYEFO figures are strong and welcome. But it is crucial that the government should maintain a fiscal discipline and use the improving budget position to pay down its borrowings…

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Becoming a philanthropist has its benefits

So you want to be a philanthropist. The very word often conjures up a vision of multi-million dollar bank accounts, high net worth individuals and mega corporations.

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Superannuation rollover tax relief – let’s keep it going

One of the best recommendations in the Productivity Commission (PC) draft report on the superannuation industry was the backing the PC gave to making permanent the current temporary (until 1 July 2020) tax rollover relief for fund mergers and transfer events.

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Market disrupters challenge the tax system: just think Uber

In many areas of public policy there is pressure on legislators and regulators to take action when the speed of change, often technological, has left laws far behind.

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Australia needs to look out to the world if we are going to maintain our standard of living

Australia is at risk of becoming too inward-looking. We need to look out to the world if we are going to maintain our standard of living.

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Hands off super, more tax cuts for small business – what the mid-market wants from #Budget2017

Tax cuts, that’s what all businesses want from Government – right? Well not just tax cuts

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Petroleum Resource Rent Tax under review. Is it time for the regime to change?

On the back of a dive in oil and gas revenue and a crackdown on multinational tax avoidance, yesterday, Treasurer Scott Morrison announced that the Government will conduct a review…

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A year of political shocks: how the US election result Trumped Brexit

So the American people have spoken. And in a year of political shocks, this is the biggest yet. It seems like Brexit revisited. Given that the S&P 500 fell about…

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Superannuation reform – where to from here?

With the Federal Election run and won, and Parliament set to resume, attention will once again focus on tax reform, and, in particular, what will happen in relation to the…

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This Brave New World Requires Courage

There is a new global economic environment arising from a more difficult politics. The very heart of the European project – pooling sovereignty for growth – has been wounded.

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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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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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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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