News

The Ministry of Finance is proposing a major overhaul of personal income tax, aiming to reduce complexity, ease compliance, ...
I asked ChatGPT what would happen if the upper class paid taxes at the same rate as the lower class, and it explained that the rich would pay more, not less.
Former Treasury Secretary Ken Henry has urged Australia to “prepare ourselves for the worst,” cautioning that while he hopes ...
Do you like paying more in taxes than you have to? Probably not. Overpaying on taxes is one of the most common and avoidable ...
Economists at a roundtable at Parliament have urged the government to reduce its dependence on wage taxes and rebalance the ...
According to reports, a sweeping reassessment of tax rates on consumer goods, which are currently taxed at the highest slab, ...
Australians are paying more tax each year, not because they’re getting richer, but because the nation's tax thresholds have stayed frozen.
President Donald Trump signed the One Big Beautiful Bill Act (OBBBA) into law on July 4, 2025. The OBBBA represents a significant overhaul of the ...
If you're making one of these seven common tax planning mistakes -- and many people are -- you could face higher tax bills or ...
From permanent TCJA cuts, SALT cap changes and preserved loopholes, Trump’s Big Beautiful Bill solidifies tax breaks for the ...
Range reports that Trump's "Big Beautiful Bill" offers significant tax changes for high earners, including increased estate ...