Income tax

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Treasurer Jim Chalmer says it’s up to cabinet to determine timing for tax reform.

Treasurer hints at possible changes to tax system

Jim Chalmers has dropped hints on future tax changes without committing to specific measures.

  • James Massola

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Jim Chalmers after the third and final day of the roundtable..

‘There’s no excuse’: Kelty joins Labor MPs urging tax action now

Treasurer Jim Chalmers made pointed remarks about making the tax system fairer for younger Australians and less burdensome on companies.

  • Paul Sakkal

The act of bastardry that’s hurting young generations

Australians have a tax and welfare system that’s one of the envies of the world. But it’s also transferring masses of wealth to our older generations.

  • Shane Wright
CBA chief Maat Comyn, Business Council of Australia chief Bran Black, productivity commissioner Danielle Wood and ACTU secretary Sally McManus will all attend Jim Chalmers’ roundtable.

Australians want Albanese to act now to fix the economy – but want one tax left alone

The prime minister vows not to spring new tax reform ideas on voters, but Jim Chalmers insists there are opportunities for quick fixes – and many Australians don’t want to wait.

  • Shane Wright and Paul Sakkal
Independent MP Allegra Spender, the only independent at the economic roundtable, has proposed a dual income tax system.

The end of negative gearing as we know it? Spender calls for new income tax system

Independent MP Allegra Spender, who represents the nation’s wealthiest electorate, has a seat at next week’s economic roundtable, and property tax benefits are firmly in her sights.

  • Shane Wright and Paul Sakkal
Anthony Albanese and Jim Chalmers are managing expectations of the roundtable.

Albanese can make roundtable work for him, no matter where he sits on it

The government needs to seize the opportunity given to it by the 8,553,231 Australians who voted for it. Doing so once before paid dividends for the ALP.

  • Shaun Carney
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Productivity Commission wants our big mining companies to pay more ‘rent’

There are many companies and individuals earning “economic rent” that we can’t do much about. The commission sees this as a problem.

  • Ross Gittins
Prime Minister Anthony Albanese.

Albanese shies away from reforms as Treasury says company taxes are hurting wages

Business has been pushing for lower tax rates to help companies invest and compete. The federal Treasury agrees while warning the entire tax system is struggling.

  • Shane Wright
Superannuation.

If two people each have $4 million in super, how would the tax work?

The cut‑in point for taxing unrealised capital gains is based on the total balance for each member.

  • Noel Whittaker
The ACTU has outlined a broad agenda of tax increases and regulation overhauls to boost housing.

Headache for Labor as unions demand tax changes to negative gearing, family trusts

Adding to Labor’s challenge is a fresh call from the Productivity Commission to relitigate a carbon price and ditch popular EV subsidies at its upcoming economic roundtable.

  • Shane Wright and Natassia Chrysanthos