Media alert | Tuesday, 23 January 2024
The Australia Institute's Chief Economist Greg Jericho is available to comment on Stage 3 tax cuts, including why rejigging them would save $130 billion over a decade while delivering a larger cut to 80% of taxpayers.
Read more here: https://bit.ly/4b87IAT
For interviews, contact Georgie Moore | 0477 779 928
An expansion of Australia’s truth in political advertising (TiPA) laws is critical to address modern challenges in the digital and AI landscape, according to new research released today that shows overwhelming public support. The Susan McKinnon Foundation has supported Associate Professor Yee-Fui Ng to today release the final report on the operation and effectiveness of ‘truth in political advertising’ (TiPA) laws. The research builds on the interim report published in September 2024 and is based on 34 interviews with stakeholders in South Australia, the ACT (which had these laws in place for the first time at its recent election), NSW…
1 in 3 charities face financial crunch: New PollServices may be cut amid cost of living crisis Up to 37% of Australian charities are confronting an uncertain future and some may even have to wind back services as inflation and the cost of living crisis hit the sector hard, according to the findings of a new poll. The survey of charity leaders has revealed a perfect storm of rising costs, increased competition and more demand facing charities as they plan for 2025. The findings indicate that while 55% of charity leaders are somewhat or highly confident about their organisation’s future,…
The Federal Court of Australia has today handed down a judgement against Sydney business coach, Julian Bakarich, his company co-director and former tax agent Thi Cam Tu Nguyen, and their related entities, The Dream Consortium Pty Ltd (TDC) and The Dream Accountants Pty Ltd (TDA), ordering $13.6 million in penalties to be paid for breaches of the Promoter Penalty Laws by promoting unlawful Research and Development Tax Incentive (R&DTI) tax schemes. Mr Bakarich was ordered to personally pay a pecuniary penalty of $4.5 million, in addition to $9 million in penalties for TDC and TDA. Ms Nguyen was also ordered…
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