March
Tax cut could leave 1.3m paying higher rate on super than income
The surprise tax cut in the budget will make the lowest income tax rate 14 per cent from 2027, but the concessional rate on super will stay at 15 per cent.
It’s on: Both sides launch into each other in tax cut duel
The Coalition says it will wind back Labor’s surprise tax cuts if it wins power, while Jim Chalmers says that decision will haunt Peter Dutton for every day of the campaign.
Dutton ups the ante on tax with fuel excise cut
Dutton says his petrol tax cut will give consumers more money more quickly than the tax cuts, and cost the budget far less.
Dutton urged to index income tax brackets
“If we’re voting against Labor’s tax cut, we need to have our own tax package to reduce the burden on people and business,” one Liberal MP says.
For the party of lower taxes, this is an odd hill to die on
It’s a lot harder to run a campaign promising to repeal an already legislated tax cut than oppose the other side’s idea.
Tax cut bill passes first hurdle, despite Coalition vote against
In rushing through the tax cuts bill, the government is forcing the opposition to go to the election promising to rescind the $17.1 billion in cost-of-living relief.
Albanese says more sweeteners to come for tradies, blue-collar workers
Responding to why he failed to extend the small business $20,000 instant-asset write-off for another 12 months, the prime minister hinted there would be more news to come for plumbers, electricians and other tradies.
Our experts deliver their budget verdicts
What experts Phil Coorey, James Thomson, Jennifer Hewett, John Kehoe, Michael Stutchbury and Lucy Dean thought of Tuesday night’s federal budget.
Everything you need to know about the new tax cuts
Every Australian taxpayer will get a tax cut next year – a surprise measure that Labor will campaign strongly on at the election.
Chalmers splashed 20 major spending measures, but just 3 big savings
Treasurer Jim Chalmers’ budget contains expenditure at a 40-year high outside of the pandemic. Economists warn promises of future restraint seem unrealistic.
Mary and Tom demonstrate the effect of bracket creep’s sneaky toll
Lifting the income tax thresholds in line with wages growth would mean an extra $25,000 over a decade.
Slash rates to avoid recession
Readers’ letters on the need for interest rate cuts, slashing stamp duty for retirees, housing affordability, tax bracket creep and the Melbourne Airport Rail Link.
Inside Duncan Saville’s billion-dollar Bermuda Triangle
A decade after the ATO hit the reclusive Australian investor with a $189 million tax bill and savaged his character, Canberra is rolling out the red carpet.
Chalmers rules out any more income tax cuts
The treasurer has rejected giving working-age people further relief from bracket creep and ruled out broader tax reform in the next term of government.
Average Aussie worker to ‘creep’ into 37pc tax bracket by 2031
Michael Brennan says tax brackets should be increased every year to eliminate bracket creep and end the federal government’s growing reliance on taxing workers.
Dutton recommits to lower taxes, blames poll slump on smear campaign
Opposition Leader Peter Dutton has assured his restive backbench he remains committed to tax cuts, but they have to be affordable and non-inflationary.
Bracket creep means you keep less income. Indexation would end the stealth tax
Adjusting for inflation would not only give relief to taxpayers but allow for real reform that would enable political parties to fulfil their promises to lower taxes.
How to get a tax break on your EV before it’s too late
The tax break means car buyers can afford an EV that’s $20,000 more expensive than the petrol version. Here’s how to take advantage of this perk.
Income tax props up Chalmers’ budget (again)
A personal income tax surge has underpinned a $400 billion revenue gain since Labor’s budget came to office, paving the way for the treasurer to talk up his economic management.
I’m a high earner. Can I use a family trust to lower my income tax?
The rules for professional services partners and high-earning employees are different when it comes to using family trusts for income.