MYEFO prompts tax and LAFHA changes; some reforms deferred
In releasing the 2011-12 Mid-Year Economic and Fiscal Outlook (MYEFO) on 29 November 2011, the Treasurer said that GDP growth would not grow as strongly as forecast and that forecast tax receipts had...
View ArticleGovernment agrees to a tax summit
In its agreement with Independents Tony Windsor and Rob Oakeshott, the Gillard Government has agreed to “facilitate discussion of future tax reform” by convening a tax summit to discuss the Henry...
View ArticleTreasurer releases 2010 Intergenerational Report
On 1 February 2010, the Treasurer released an updated 2010 Intergenerational Report (IGR) highlighting the challenges over the next 40 years, including an ageing population, and mounting pressures on...
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CGT on family homes: Treasurer says "no"
The Treasurer has responded to an article published on the front page of the Weekend Australian (15-16 August 2009 edition). [The article suggested the Govt had asked Treasury to model the possibility...
View ArticleTax Design Review Recommendations Underway
The Assistant Treasurer announced that he has asked the Treasury to commence implementation of the recommendations made in the Tax Design Review Panel’s report Better Tax Design and Implementation: see...
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