Revenue
Retirement savings which were starved during the global recession four years ago are plumping up as the stock market comes storming back.
The bad news, for some, is that this coincides with rising speculation the fattened superannuation industry is being eyed by federal politicians hungry for cash to counter shrinking revenue prospects elsewhere.
Specifically, the generous tax treatment of superannuation money is likely to be reduced for the wealthy in a move which could revive the annual accusations of “class warfare” from the Opposition.
Continue reading "Pollies want to vacuum up your retirement $$$" »
The Gillard Government has declared its carbon tax won’t be included in the Federal Budget in May - and that’s not a surprise.
The real shock is why we’re even talking about a carbon tax without a debate about broader taxation reform.
There aren’t many Australians who wouldn’t like to pay less tax, but reforming the system goes way beyond that.
Continue reading "Let’s get rid of the rats in the tax system" »
Latest 2 of 45 comments
View all comments-
Jolly Rodjer says:
Taxes will increase in proportion to the debt of the nation public or private, as both are the same when it comes to the banks, where the bond purchases supply the deposit for bank credit expansion of up to ten or more times the value of the bonds. Banks then… Read more »
-
Jolly Rodjer says:
Taxes will increase in proportion to the debt of the nation public or private, as both are the same when it comes to the banks, where the bond purchases supply the deposit for bank credit expansion of up to ten or more times the value of the bonds. Banks then… Read more »
Facebook Recommendations
Read all about it
Punch live
Up to the minute Twitter chatter
Recent posts
The latest and greatest
The Punch is moving house
Good morning Punchers. After four years of excellent fun and great conversation, this is the final post…
Will Pope Francis have the vision to tackle this?
I have had some close calls, one that involved what looked to me like an AK47 pointed my way, followed…
Advocating risk management is not “victim blaming”
In a world in which there are still people who subscribe to the vile notion that certain victims of sexual…
Nosebleed Section
choice ringside rantings
From: Hasbro, go straight to gaol, do not pass go
Tim says:
They should update other things in the game too. Instead of a get out of jail free card, they should have a Dodgy Lawyer card that not only gets you out of jail straight away but also gives you a fat payout in compensation for daring to arrest you in the first place. Instead of getting a hotel when you… [read more]From: A guide to summer festivals especially if you wouldn’t go
Kel says:
If you want a festival for older people or for families alike, get amongst the respectable punters at Bluesfest. A truly amazing festival experience to be had of ALL AGES. And all the young "festivalgoers" usually write themselves off on the first night, only to never hear from them again the rest of… [read more]Gentle jabs to the ribs
Superman needs saving
Can somebody please save Superman? He seems to be going through a bit of a crisis. Eighteen months ago,… Read more
Latest 2 of 189 comments
View all commentsAdd your comment