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.
Treasurer Jim Chalmers is being urged to make coal and gas corporations pay for Australia’s rising cost of climate disasters.
Welfare advocates have criticised the Albanese government’s response to a second damning report from the Commonwealth Ombudsman that links stigma against welfare recipients to unlawful suspensions of Centrelink payments.
Tax concession for superannuation are a massive drain on the budget, and new data shows that the majority go to high income earners.
As Christmas is the season of giving, it is perhaps an opportune time to check how much – or how little – the fossil fuel industry actually contributes to the Australian economy and government revenues that fund essential public, community and welfare services.
