Tax Cuts the Centrepiece as Scott Morrison Hands Down Federal Budget

Australian taxpayers are set to become big winners, under new measures announced in the Federal Budget. Federal Treasurer Scott Morrison has handed down his third budget promising “essential services that Australians rely on” while aiming to return the country to a $2.2 billion surplus in 2019-20, cutting its $14.5 billion debt in 2018-19. “This is…

Taxpayer Alliance criticized Government handout to the Potato Industry

The Western Australian Government has been criticized by the Australian Taxpayers’ Alliance, after a handout of $750,000 taxpayer money for the expansion of only 4 business. The ATA has called this a waste of taxpayer funds, as these business already have a collective income of $2.58 million in private investments. “This handout is a transfer…

Small Businesses and Employees Lose From Company Tax Cuts: Expert

Small businesses and workers will not benefit from the Federal Government’s tax cuts for big businesses a tax expert warns, as the government comes close to passing the legislation. Legal Consolidated Barristers and Solicitors tax lawyer Dr Brett Davies is concerned small businesses would not see any advantages from the legislation, despite the legislation nearly…

Opposition Says “NO” To Labor’s Gold Tax Push

  The McGowan Government has relaunched their Gold Tax plan but the Opposition made it clear that they will not support it. During a joint press conference this morning, WA Treasurer Ben Wyatt and Minister for Mining & Petroleum Bill Johnston put forward their new Gold Tax plan. Under new rules, gold royalty rate will…

New WA Jobs Expected Following New Goldfields Projects

More than 600 new jobs are expected to be created following the start of new gold projects in the Goldfields. Major gold projects will begin over the next 18 months, with the Dacian Mount Morgans project and Gruyere Gold Project to begin production. “It has been so pleasing to hear the positive jobs news coming…

BUDGET 2017: Big Employers To Foot WA’s Budget Repair

WA’s ‘big end of town’ is set to cop a beating on payroll tax as the McGowan Government looks to big employers and corporations to repair the budget. From the 1st, July next year, WA’s large employers will have to pay an extra 6% on payroll tax if their total payroll goes over $100 million.…

Shorten announces $1.6 billion GST pledge

Federal Opposition Leader Bill Shorten announced his plan for a “Fair Share for WA Fund”, which would see $1.6 billion invested into Australia to make up for the GST shortfall. Currently Western Australia’s share of the GST is sitting at 34.4 cents per dollar of GST raised in the state, the proposed fund would give…