Henry Tax Report – the fallout
In an interview on Channel 7, the Leader of the Opposition, Mr Tony Abbott has responded to the Henry Tax Report released on Sunday 2 May saying the Henry recommendations on superannuation and national savings should not have been ignored. However, Mr Abbott said the Coalition rejects “possible death duties” and “state taxes on the ...more
Message for Dr Henry: Why tax every dollar of interest income?
Australia is good at taxing stuff. All sorts of stuff, like interest income, dividend income, capital gains, profits, etc. But the way we tax stuff, and how much we tax it, is often a bone of contention. Take savings. As a nation, we have regularly been scolded for not being good savers, and why would ...more
Perhaps the Henry Tax Report is near!
It’s 9 April 2010, and the public release by the Government of the Henry tax system review must be getting nearer, mustn’t it! It’s all a bit like Christmas eve with the anticipation in everyone’s eyes – to paraphrase – … and all through the house, not a thing was stirring, not even the Henry ...more
Increase super guarantee to 12% this year, says ASFA
ASFA (The Association of Superannuation Funds Australia Limited) has today [Thur 12.1.2010] called on the Government to increase the Superannuation Guarantee for all Australian workers to 12% ahead of the 2010-11 Federal Budget. “Whatever the findings or recommendations from the Henry Review, it is ASFA’s position that SG should be raised to 12% this year,’ ...more
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