Finance Experts Say Company Tax Cuts Unlikely to Increase Economic Growth

Finance experts have said cutting corporate tax further won’t accelerate Australia’s economic growth despite Federal Treasurer Scott Morrison declaring it “urgent.” In September, US President Donald Trump suggested similar cuts. A landmark Productivity Commission report was released on Tuesday. This is the first of a series of five-year reviews. During his speech, Mr Morrison said…

EXCLUSIVE: One Nation Stands Against Gold Levy

In the September budget, WA Treasurer Ben Wyatt announced a new tax on the gold sector as a solution to the dire state of WA’s finances, however on Tuesday, the WA One Nation Party are set to make a motion against it. Earlier this week, Mr Wyatt publicly criticised gold miners for refusing to pay…

Fremantle Cruise Port’s upgrade to boost tourism?

Fremantle Cruise Port has recently undergone improvements with the hope of encouraging cruise ships to return, boosting tourism and the WA economy. The State Heritage listed building, constructed in the 1960’s, has a beautiful terminal inside according to Fremantle Mayor Brad Pettit. However the surrounding areas are a cause for concern. “It’s fair to say…

Spartan Race to Boost Tourism and Economy

Perth is set to become host to the world’s toughest obstacle race when the inaugural Spartan Asia Pacific Championships comes to Perth later this year. Racers from all over the globe will arrive in Perth in November to compete in the event described as the toughest and most competitive obstacle course in the world. Organisers…

WA Still has the Weakest Performing Economy in the Country

Western Australia still has the worst performing economy in the country, according to a recent report from CommSec. The quarterly report analyses eight key economic factors for each state: economic growth; retail spending; equipment investment; unemployment; construction work done; population growth; housing finance and dwelling commencements. CommSec Economist Craig James said WA’s performance reflects the…

$10 Billion Up For Grabs Under WA GST Proposal

The Western Australian government claims the State would be $10 billion better off after submitting a range of proposals to reform the Commonwealth Grants Commission. Premier Mark McGowan said the current arrangement was holding back WA’s economy and national economies, in its submission to the Productivity Commission’s inquiry into the nation’s annual GST carve up.…

Grants to Boost West Kimberley Indigenous Communities and Environment

West Kimberley communities will be receiving a helping hand through new funding to assist Aboriginal Australians and wildlife. $50,226 in grants through the Water Corporation’s Community Grants Scheme will improve Indigenous employment, health and wellbeing as well as protecting and caring for wildlife. The money will be given to nine not-for-profit groups and schools across…