On 1 July, the age of eligibility for the Age Pension in Australia increased from 66.5 years to 67 years, completing a series of increases… Read More ›
The debate over the Government’s plan to limit tax breaks for earnings on superannuation balances larger than $3 million was loud, disjointed, and unsophisticated. This… Read More ›
The Government proposed that individuals with superannuation account balances exceeding $3 million pay 30 per cent tax on their earnings in accumulation, while those with… Read More ›
The new tax expenditure and insight statement and Labor’s proposal to put higher taxes on superannuation funds with more than $3 million of assets is… Read More ›
One of the most well-established practical observations in economics is that when we give an unemployed person a payment, it tends to delay their return… Read More ›
In an era when big-bang tax reform is off the table, a coherent set of smaller reforms can contribute to budget repair while shoring up… Read More ›
Australians pay too much income tax – or so some argue. The Australian Financial Review’s economics editor, John Kehoe, for example, has noted: Australians are… Read More ›
Many governments provide tax concessions for private pension contributions. These concessions are designed to increase households’ self-reliance in retirement and reduce government expenditure on public… Read More ›
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