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Income Tax

1-8 out of 8 results.

Labor had no choice on stage 3 tax cuts

Realistically, the Government had to amend the stage 3 tax cuts. The current state of the economy is far different from when the Coalition tabled the tax cuts in 2019, which provided impetus for the changes.

100 Aussies: five charts on who earns, pays and owns

Any policy decision needs to recognise who is affected by a change. It pays to check the data on who pays taxes, who owns assets and who earns the income to ensure an equitable and efficient outcome.

Budget 2018: Highlights including new retirement income choices

The 2018 Budget features cuts to personal income taxes and changes to retirement income policies. There's plenty of money on infrastructure to boost jobs and ease congestion.

Let’s get the numbers right on imputation

Every day, an expert writes somewhere about the adverse impact of a reduction in franking credits due to a lower company tax rate. This tax rate has no impact on the after-tax returns received by Australian shareholders.

Why all the fuss about family trusts?

Family trusts will be a battleground at the next election, but for the wealthy the main benefit is the not income splitting with family members. How do family trusts work and how do affluent families use 'bucket companies'?

Taxation reform: is Canberra serious?

Major reform of Australia's tax laws hits a hurdle when opposition builds to unpopular policies. We have lost the ability to explain and advocate for change, especially when you look at global comparisons.

FactCheck: Is 50% of all income tax paid by 10% of the working population?

In defending how superannuation concessions might favour the wealthy, Treasurer Joe Hockey claimed 50% of all income tax is paid by 10% of the working population. Is that statement supported by the data?

How much income tax do you pay?

There's an ongoing debate about income inequality and personal income tax. Looking at the numbers, 45% of Australian adults pay no personal income tax, while 1.5% of adults pay 26% of income tax.

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16 ASX stocks to buy and hold forever

In his recent shareholder letter, Warren Buffett mentions several stocks he expects Berkshire Hathaway will own indefinitely, including Occidental Petroleum. We look at ASX stocks that investors could buy and hold forever.

The best strategy to build income for life

Owning quality, dividend-producing industrial shares is key to building a decent income stream. Here is an update on the long-term performance of industrial stocks against indices, listed property, and term deposits.

Are more taxes on super on the cards?

The Government's broken promise on tax cuts has prompted speculation about other promises that it may consider breaking. It's widely believed that super is lightly taxed and a prime candidate for special attention.

Lessons from the battery metals bust

The crash in lithium and nickel prices has left companies scrambling to cut production, billionaires red-faced, and investors wondering how a ‘sure thing’ went so wrong. There are plenty of lessons for everyone.

Welcome to Firstlinks Edition 545 with weekend update

It’s troubling that practical skills like investing aren’t taught at schools as it leaves our children ill-equipped to build wealth, and more vulnerable to bad advice. Here are some suggestions to address the issue.

  • 1 February 2024

For the younger generation, we need to get real on tax

The distortions in our tax system have been ignored for too long, and we're now paying the price. It's time Australia got real and addressed the problems to prevent an even greater intergenerational tragedy.

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