government

Picture a tax system where everyone is entitled to a $3000 standard deduction, free of the rigmarole of deductions such as investment expenses, charitable giving, and interest on negatively geared property. That's what has been proposed by a report ... More

Dear Paul, I'm 35 and a fan of your books. I wanted to ask you about the government's recent announcement regarding the increase of the super rate. It has floated the questionable idea that when it raises the super contribution from 9.5% to ... More

NSW residents affected by these once-in-a-century floods have been granted access to government disaster relief payments of up to $1000 for adults and $400 for children. The following local government areas are currently eligible for the payments: Armidale ... More

Dear Paul, My fiancee and I are long-term renters, always in credit, no problems. I work for a state government agency and my average income is $85,000. My fiancee does not work, but this may change in the near future. We live on the NSW south coast ... More

Employers are now able to make their first claims for the JobMaker program that opened this week. The new scheme is part of the government's transition from JobKeeper and JobSeeker, putting the onus on employers to create new jobs with the incentive ... More

Speeding fines are big business for state governments around Australia. Last financial year NSW reaped $79 million from almost 230,000 speeding offences. Big bickies, although nothing compared with Victoria, which is budgeting for a 44% increase in ... More

Faced with an economy battered by lockdowns and border closures, the federal government delivered a big-spending Budget, with plenty of the cash splash pitched at small businesses. The government has flipped open its cheque book with a program of spending ... More

Lifting the super guarantee would mean more superannuation in retirement but lower wages today, according to the findings of the long-awaited Retirement Income Review. The report found that lifting the super guarantee (SG) rate to 12% would lead to ... More

Victims of the Centrelink robodebt saga will share in a further $1.2 billion compensation after a landmark class action was settled on Monday. The settlement from the Gordon Legal class action, the largest in Australian history, includes an additional ... More

Treasurer Josh Frydenberg says Australia's Budget faces the most severe "economic crisis since the Great Depression". So just how far are we away from recovery? COVID-19 means the Australian government had to spend, spend and spend - to the tune ... More