News

The prime minister and the treasurer have been lobbying Treasury Secretary Scott Bessent to drop the tax, which threatened the returns of Australian super funds.
There’s much excitement in the commentariat about the August productivity “summit” and the possibility for tax reform. At least part of that excitement, one assumes, comes from those in the ...
Millions of Aussie small businesses are being warned to pay their tax bills on time or they will be slugged with a fee, compounding daily.
There were 91 Australians who earned more than $1 million in total income in 2022-23, yet paid no tax – that's according to newly released data from the Australian Taxation Office.
Leading fund manager Geoff Wilson says the Greens’ proposal to increase the earnings tax on high-value superannuation accounts is fairer than Labor’s policy, but he maintains that under no ...
Aussies could be leaving hundreds or even thousands of dollars in tax deductions on the table because they forget to claim everything they are entitled to. Taxpayers will be able to lodge their ...
United States Treasury Secretary Scott Bessent has asked for the removal of the 'revenge tax' from the big, beautiful bill. “I have asked the Senate and House to remove the Section 899 ...
The agreement among the Group of Seven largest economies means that the “revenge tax” being contemplated in Republicans’ tax-and-spending bill should be removed from the legislation, Bessent ...
Jim Chalmers welcomes the news that Australian investors will likely escape a 15 per cent tax that would have been imposed on them as part of Donald Trump's "big, beautiful bill".
The US Senate has passed President Donald Trump's so-called "big beautiful bill" despite opposition from several Republican politicians and billionaire Elon Musk.
Australia has some urgent pitfalls to address: trade, defence, financial inequality, and unsustainable immigration.
Australians coughed up more than a quarter of a trillion dollars in income tax for the 2022-23 financial year, but there were dozens of millionaires who didn't pay a cent.