Budget: Small business said to benefit from tax cut
Australia’s small businesses are said to be receiving a tax cut in tonight’s budget, part of a portfolio that Small Business Minister Bruce Billson described as “delicious” and “delightful”.
Inaction on lowering GST threshold angers online retailers
Advocates for Australian-made products have slammed the nation’s treasurers for political cowardice after they deferred a decision on reducing the $1,000 GST low value exemption for overseas online purchases.
Australian banks cry “Don’t regulate us” despite massive profits
The Australian Bankers’ Association (ABA) has come out and labeled the current debate on banking regulation in Australia spearheaded by Labor’s Wayne Swan and the Liberal’s Joe Hockey as “long on rhetoric but short on facts”.
Hockey blames AU$ collapse on Resource Super Profits Tax
Joe Hockey insists that Labor’s Resource Super Profits Tax has caused the AU$ to collapse despite Kevin Rudd instead blaming the Liberal Party’s negative talk for the fall.
Hockey – Parental leave tax a ‘Huge Windfall’
Shadow treasurer Joe Hockey has defended Tony Abbott’s paid parental leave plan, arguing the 1.7 percent levy on businesses would be a “huge windfall for big business”. Joe Hockey was forced to enter the debate after continued attacks by free market think tanks and unions alike. As well as attacks coming from within his own […]
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