Australia is a low tax country. If we were to collect the average amount of tax collected by OECD countries then this year, we would have to collect more than an extra $100 billion. Per year.
Thu 1 Feb 2024 15.00
“Australia is a low tax country. If we were to collect the average amount of tax collected by OECD countries then this year, we would have to collect more than an extra $100 billion. Per year.”
On Wednesday, 31 January 2024, Executive Director at the Australia Institute Richard Denniss and Allegra Spender MP addressed the National Press Club for a debate on the Stage 3 tax reforms.
The RBA got it wrong when it decided to leave rates on hold at its September meeting. Here are the three important graphs that show why.
“The Reserve Bank has once again chosen to be content with rising unemployment", says economist
Last week the Australian Financial Review’s wealth column advised wealthy Australians of a way to put more money into superannuation, but which in truth was just another example of how the system is being abused.
Two decades ago, the total household wealth of all Australian was equal to 5.7 times household income. Today it’s 8.8. That jump isn’t because workers got lazy.
