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Nationals voters the biggest winners from Stage 3

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Media release | Tuesday, 6 February 2023 The electorates slated to gain the most from changes to the State 3 cuts are those held by National Party MPs, according to a new analysis from the Australia Institute.  It shows the average taxpayer across the Coalition partner’s electorates will keep an extra $326 a year. Broken … Continued

PwC compliance breach update

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PricewaterhouseCoopers (PwC) has released its second Compliance Report in response to orders issued by the Tax Practitioners Board (TPB) in November 2022. To comply with the TPB’s order, PwC must take specific actions to improve its conflict of interest management and report to the TPB every 6 months. The latest report documents PwC’s progress on implementing improvements to ensure compliance with the Tax Agent Services Act 2009 and Code of … Continued

ATO launches free online learning support for small businesses

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The ATO has launched a new online learning platform offering free courses to help small business owners master their tax and super obligations. The ‘Essentials to strengthen your small business’ website includes more than 20 short courses and a calendar of key lodgment due dates to support small businesses. Deputy Commissioner Will Day said the … Continued

Tax corporate mega-profits after sensible stage three changes: CFMEU

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The CFMEU has called for the Albanese Government to back its mega-profits tax to end the housing crisis after making sensible changes to income tax cuts.   According to Oxford Economics Australia modelling, a mega-profits tax could comfortably raise enough money to build 52,600 social and affordable homes a year.   CFMEU National Secretary Zach … Continued

ACOSS welcomes changes that make stage three fairer

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Media release | Thursday, 25 January 2024  ACOSS CEO Cassandra Goldie said: “ACOSS commends the Albanese Government for taking action to make the stage three tax package fairer. “The previous package overwhelmingly benefited people on higher incomes. “With people on low and modest incomes facing a serious cost of living crisis, we had repeatedly urged … Continued

**MEDIA ALERT** Response to Stage 3 tax cut changes

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Media alert | Thursday, 25 January 2024   ACOSS CEO Cassandra Goldie will hold a media conference this morning about changes to the Stage 3 tax cuts.   Who: ACOSS CEO Cassandra GoldieWhen: 8.30am Thursday, 25 January 2024 Where: Mural Hall, Australian Parliament House, CanberraWhat: ACOSS responds to Stage 3 tax cut changes   For … Continued

**MEDIA ALERT** Response to Stage 3 tax cut changes

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ACOSS CEO Cassandra Goldie will hold a media conference on Thursday morning about changes to the Stage 3 tax cuts.   Who: ACOSS CEO Cassandra GoldieWhen: 8.30am Thursday, 25 January 2024 Where: Mural Hall, Australian Parliament House, CanberraWhat: ACOSS responds to Stage 3 tax cut changes   For more information, contact Georgie Moore | 0477 … Continued

***MEDIA ALERT*** Commentary on Stage 3 tax cuts

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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 … Continued

Scrapping investor handouts could fund half a million social homes and bring down housing costs

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Amidst a historic cost-of-living crisis, Everybody’s Home is calling on the federal government to scrap tax concessions for property investors and build social housing across Australia.   The call follows the campaign’s release of Written Off, a report showing that housing affordability has crashed because the government is subsidising the private market instead of directly … Continued