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Tax reform

This Month

The decision has attracted criticism from anti-gambling advocates.

Gambling sector stunned by axing of tax breaks

The wagering industry said Labor’s decision to axe the R&D tax incentive for gambling and tobacco companies risked exposing other sectors to political horse-trading.

  • Updated
  • Ronald Mizen
After a year in which a chorus of voices have constantly talked down the role of business, it was refreshing to hear Treasurer Jim Chalmers note that “the best kind of growth is private sector-led”.

The mission for 2025: let’s make it easier for businesses to invest

Less than six months from the federal election, it’s time to start thinking about the big reforms we need to go after to turn around our lagging productivity and competitiveness.

  • Geoff Culbert

Labor lacking business nous

Readers’ letters on Treasurer Jim Chalmers, the state of the economy, Labor’s stance on Israel, the Melbourne arson attack and payroll tax.

Victoria is being urged to overhaul its payroll tax settings.

Pay states to slash payroll tax on jobs

A National Reform Fund could use federal funds to incentivise states and territories to align their policies.

  • Bran Black

November

Liberal Damien Tudehope.

Mortgage brokers back NSW payroll tax inquiry

A NSW parliamentary committee will examine retrospective application of payroll tax laws widened by courts which has angered companies using contractors.

  • James Eyers
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Treasurer Jim Chalmers with US Treasurer Secretary Janet Yellen in Washington last month.

US Treasury boss Yellen pressed Chalmers on tax stand-off

Australia is refusing to sign up to a key part of global efforts to make multinational companies pay their fair share of tax.

  • John Kehoe
Allegra Spender tax reform green paper called for lower income taxes and rebalancing the system to promote home ownership.

This will be Allegra Spender’s top demand in a hung parliament

A minority Labor or Coalition government should implement serious and lasting changes to the taxation system to help workers get ahead and families own a home, the teal independent says.

  • Tom McIlroy
There are parallels with the recent re-election of Donald Trump as President of the United States.

Economists must climb down from ivory tower to win the tax debate

Only once the electoral popularity of taxation reform is improved can we expect politicians to stake their political capital for change.

  • Melinda Cilento and Stephen Smith
Peter Dutton’s opponents in Victoria are confident they can win the nuclear debate.

Dutton casts doubt on tax cuts for high earners

More than 1 million high-income earners had been expected to get further tax relief from the Coalition ahead of the next election. That now looks unlikely.

  • Tom McIlroy and Jonathan Shapiro
Steven Kennedy has played down the prospect of changes to negative gearing or capital gains tax.

Changing CGT, negative gearing won’t help housing supply: Treasury

Treasury secretary Steven Kennedy says curbing the capital gains tax deduction would have more impact on lowering house prices than changes to negative gearing, but neither would help boost supply.

  • Phillip Coorey and Hannah Wootton
Former Treasury secretary Ken Henry.

Taxing fossil fuels better than Future Made in Australia, Ken Henry says

The proposal backs a similar fossil fuel export tax on commodities such as coal and gas put forward by former Hawke Labor government advisers Ross Garnaut and Rod Sims.

  • John Kehoe
National Farmers’ Federation president David Jochinke.

Farmers, builders, economists warn against changing diesel tax credits

A plan by key crossbenchers to overhaul a lucrative fuel tax credit for miners has drawn condemnation from farmers and the WA government.

  • Tom Rabe
A Business Council campaign promotion from the 2016 US election.

Trump win would pressure Australia to cut 30pc corporate tax rate

Competition between nations on business taxation and investment will be heavily influenced by the US election outcome.

  • John Kehoe

October

Treasurer Jim Chalmers says taxpayer money being used to develop poker machines is “problematic”.

Chalmers flags crackdown on tax refunds for pokie makers

ASX-listed poker machine giant Aristocrat had a research and development budget of $22.1 million in 2021-22, according to the ATO data released earlier this month.

  • Ronald Mizen
Allegra Spender will release a tax reform green paper before the end of the year.

Teals warn: Don’t assume we won’t back Dutton in a hung parliament

Teal MP Allegra Spender is challenging Labor and the Coalition to end political fighting and reform the tax system, releasing her own wide-ranging plan.

  • Tom McIlroy
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Australians risk being taxed on grains which appear and them disappear quickly.

How can it be right to pay tax on something you never had?

The plan to tax paper gains in superannuation funds will harm savers and damage the economy.

  • Geoff Wilson
Treasurer Jim Chalmers.

Chalmers digs in on negative gearing advice

Treasurer Jim Chalmers again hedged when questioned if he had asked officials to model changes to tax concessions for property investors.

  • Updated
  • Tom McIlroy

September

Moves to curb campus antisemitism risk academic freedom

Readers’ letters on potential risks to university independence; reforming the NDIS; InfraBuild’s finances; and the political cost of tax reform.

Bill Shorten says Labor will not take changes to negative gearing and capital gains tax to the next election.

Labor won’t pursue negative gearing changes, Shorten predicts

The former Labor leader says he is sure the government won’t take changes to property investor tax breaks to the next election.

  • Phillip Coorey
Prime Minister Anthony Albanese and Treasurer Jim Chalmers.

Labor’s smoke and mirrors on housing

Jim Chalmers and Anthony Albanese face much tougher questions about their economic agenda than the confusion about negative gearing and capital gains taxes.

  • Jennifer Hewett

Original URL: https://www.afr.com/topic/tax-reform-1mpw