How Australia’s economy is faring – in five charts

How Australia’s economy is faring – in five charts

In the midst of a cost-of-living crisis,the national accounts give us an insight into the performance of the economy. Here are five graphs to explain it all.

  • byShane Wright andRachel Clun

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Contrary to appearances,the stage 3 tax cuts will leave us worse off
Opinion
Tax cuts

Contrary to appearances,the stage 3 tax cuts will leave us worse off

The stage 3 tax cuts always were irresponsible,and still are. They’ve caused interest rates to be raised by more than needed,and they’ll plunge us into deficit and debt.

  • byRoss Gittins
‘Fiscal long-COVID’:Pandemic super scheme will cost all taxpayers billions

‘Fiscal long-COVID’:Pandemic super scheme will cost all taxpayers billions

Analysis from a peak super fund body found today’s 20-year-olds would pay nearly $3000 in additional income tax as a result of the 2020 early withdrawal of super scheme.

  • byRachel Clun
A bunch of bunchers – how people tweak their income to sneak below the tax rates

A bunch of bunchers – how people tweak their income to sneak below the tax rates

New research has revealed Australia is filled with people who use trusts and other quirks to pick their tax rate as wage earners pay full freight.

  • byShane Wright
Voters don’t care about Albanese’s broken promise – but now they expect much more from him

Voters don’t care about Albanese’s broken promise – but now they expect much more from him

Labor is drifting towards the unhealthy primary vote of the last election – just enough to win,not enough to feel safe. On these numbers,betting agencies will be adjusting their odds on a hung parliament.

  • byDavid Crowe
Coalition takes primary vote lead in RPM poll for first time since election

Coalition takes primary vote lead in RPM poll for first time since election

Voters have lifted the Coalition to its strongest position since the last federal election despite backing Labor on its overhaul of personal income tax cuts.

  • byDavid Crowe
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How top earners kid themselves (and us) they’re overtaxed
Opinion
Tax reform

How top earners kid themselves (and us) they’re overtaxed

Don’t let the rich guys’ talk of high taxes fool you into believing Australia is a high-tax country.

  • byRoss Gittins
We need our own tax cops to chase cheats:ATO chief

We need our own tax cops to chase cheats:ATO chief

The retiring head of the tax office,Chris Jordan,says the organisation needs more powers as criminals attempt to fleece taxpayers and steal their identities.

  • byShane Wright
Coalition’s ‘back to basics’ plan for tax

Coalition’s ‘back to basics’ plan for tax

The Coalition is working on a tax reform plan to take to the next election that will encourage more small-business investment and help drive productivity.

  • byRachel Clun
Can I avoid the Medicare levy if I salary sacrifice?

Can I avoid the Medicare levy if I salary sacrifice?

Salary sacrificing to buy a home will reduce your taxable income in the eyes of the ATO,but not when it comes to the Medicare levy.

  • byNoel Whittaker
Tax cuts buoy shoppers,but businesses start to feel interest rate pinch

Tax cuts buoy shoppers,but businesses start to feel interest rate pinch

Consumer confidence has climbed sharply,thanks partly to the Albanese government’s revamped tax cuts. But new figures show businesses are starting to struggle.

  • byShane Wright