Something is up when the NSW Business Chamber allies with the NSW Council of Social Services and the Australian Manufacturing Workers Union. Stern champions of enterprise have jumped into bed with hand-wringing defenders of the down-trodden and cloth-cap unionists– and…
Prime Minister Malcolm Turnbull has positioned the Commonwealth Government to introduce a 1% federal land tax and reform our bust political system that denies voters the right to hold government accountable. Overnight, the states rejected the Prime Minister’s call to…
Malcolm Turnbull today offered a gift of $1000 to every man, woman and child in Australia. The money will come every year forever – if the states and territories end Stamp Duty and fund this by removing the exemptions and…
Prime Minister Malcolm Turnbull has produced so many thought bubbles on tax reform he makes fresh beer look flat. His latest effervescence is for the states to levy their own income tax on top of the Commonwealth take. He needs…
The Andrews government is flying a kite today in The Age to gauge public opinion on removing conveyancing Stamp Duty and using State Land Tax instead. This initiative deserves thunderous applause. With many young Victorians now excluded from home ownership…
Melbourne Domain Sunday went into shock and horror over the impact a proposed elevated rail would have on the selling prices of adjoining Carnegie properties. Area agents say the value of houses backing onto the rail line from Carnegie to…
Flinty Deloittes economist Chris Richardson and all-heart ACOSS chief Cassandra Goldie are on the same page today in the Australian Financial Review. Literally – page 47. Their tax policy prescriptions, now Malcolm Turnbull has ruled out increasing the GST, are…
Environment minister Greg Hunt, on behalf of the Turnbull government, is offering new language about ‘value capture’ – a fresh way to fund infrastructure using the uplift in land values from civic investment. From a speech to be delivered to…
By Michael Janda Online business reporter with the ABC. Reposted from The Drum Increasing the GST is widely presented as the logical, perhaps the only, solution to Australia’s revenue shortfall, but it is a deeply flawed tax and there are…
The economic impact of stamp duty, a study by Deloitte Access Economics for the Property Council of Australia released yesterday, finds Australia’s GDP would increase by $3.3 billion and real consumption by $9.7 billion if conveyancing stamp duty was replaced…