News

The Australian · 13d

Election 2025: Millions could be affected by Labor’s unrealised capital gains tax

The modelling, which is not produced or commissioned by the Coalition but from an industry group asking for anonymity out of fear of reprisal from a potential new Labor government, expects more than 500,000 people to end up being taxed at 30 per cent under Labor’s $3m threshold.
Reuters on MSN.com · 6d

Australia treasurer, in election mode, highlights drop in core inflation

Australia Treasurer Jim Chalmers said the market was justified to expect more interest rate cuts after annual core inflation slowed to a three-year low, highlighting the decline three days ahead of a closely-contested national election.
Icon for www.msn.comMSN · Mar 25, 2025

Tax cuts for Australian workers: What you need to know

The relief is going up for two years in a row, adding up to $536, as income tax rates are reduced from 2026 and 2027 for Australians in part-time work. From 1 July 2026, the 16 per cent tax rate ...
Icon for www.dailymail.co.ukDaily Mail · 28d

Another worrying sign Australia is creeping towards a brutal UK-style inheritance tax. Here's what YOU can do to keep Albo's hands off your estate

But in a shocking move last month, Australia's leading financial and ... a threshold known as the ‘nil rate band’. Tax is charged on assets above this threshold at 40 per cent.
Icon for www.bloomberg.comBloomberg L.P. · 23d

Australia’s Leaders Vow Housing, Tax Cuts at Dueling Rallies

Australia’s two major parties held their 2025 election campaign launches within hours of each other on Sunday, revealing plans to allow residents to tax deduct their mortgages and setting aside ...
SBS · 17d

Dutton plans major tax breaks for new businesses, rejects Labor's penalty rate pledge

The Opposition leader said he hopes the plan would generate 350,000 new small businesses in the first four years of a Dutton government.
Icon for www.theaustralian.com.auThe Australian · 3d

Super tax battle must start before it drives the rich offshore and triggers another house price surge

As Wilson says on the latest Money Puzzle podcast: “I don’t think anyone is so much concerned that they have increased the tax rate. “But one of the big concerns is for younger people who ...
ABC (Australian Broadcasting Corporation) on MSN.com · Apr 2, 2025

Trump puts tariffs of at least 10pc on imports, including from Australia

The US will place tariffs of at least 10 per cent on foreign imports from Saturday, after President Donald Trump finally unveiled his long-awaited "liberation day" trade policy.
Icon for www.businessinsider.comBusiness Insider · May 16, 2018

How much the average person in 40 different countries takes home after taxes

However, our opinions are our own. See how we rate products and services to help you make smart decisions with your money. Tax rates vary in each country, from over 50% to 0% for the average wage ...