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Federal budget to tackle illegal cash economy costing up to $15b in lost revenue

04 April 2017 | SMH

The Turnbull government is expected to announce some interim measures in the May federal budget aimed at beginning a long journey to claw back up to an estimated $15 billion in lost federal tax revenue and illegitimate welfare payments due to widespread cash economy activity.


The plane, the plane! Pauline Hanson in hot water with AEC

04 April 2017 | AFR

Labor has asked the Australian Electoral Commission to investigate whether Pauline Hanson's One Nation breached financial disclosure laws over the use of a light plane flown and owned by her chief of staff James Ashby.



Budget could contain tax increases, says Mathias Cormann

03 April 2017 | AFR

Finance Minister Mathias Cormann has hinted there could be tax increases in the May budget but says the government will adhere to its medium-term target of the overall tax take not exceeding 23.9 per cent of the economy.

 





George Calombaris' restaurants underpaid staff $2.6 million

03 April 2017 | The Age

Nearly 200 staff at George Calombaris' restaurants have been underpaid $2.6 million, with the celebrity chef blaming "historically poor processes" for the bungle.


Company tax cuts issue balloons into a problem for the 2017 budget

02 April 2017 | AFR

If you think about it, the Turnbull government's problem with its ambitious 10-year plan for company tax cuts was that it was always a bit of a stranded asset, or more appropriately, liability. And that was long before the House of Representatives adjourned on Friday without bothering to discover the bill's fate in the Senate.


Death threats and smear campaigns, the lot of a whistleblower

02 April 2017 | SMH

The culture of "don't dob in a mate" strikes at the heart of our poor treatment of whistleblowers. From an early age we are told to keep quiet and avoid the stigma of being a snitch or a troublemaker.


Cashless Card Extended, Despite Unhappy 49 Per cent

30 March 2017 | Sam Richards

Ceduna residents on welfare will continue to receive 80 per cent of their payments on cashless cards, despite 49 per cent of recipients saying it makes their life worse.

The cashless card, also being trialled in WA, can’t be used to withdraw physical cash and can’t be used at outlets such as bottle shops or gambling houses.


Federal government picks fight with super industry

29 March 2017 | SMH

A fierce fight looks likely between the federal government and the $2 trillion superannuation industry over a plan to overhaul the default superannuation system.


Bronwyn Bishop rails against socialists while collecting a $250k pension from taxpayers

29 March 2017 | The Age

Consider this: since Bronwyn Bishop finally left the federal Parliament nine months ago – kicking and screaming after being rolled by her own party – Australian taxpayers have paid her nearly $200,000.


Markets may regret not giving a damn about Article 50

29 March 2017 | AFR

For European politicians, desperate to downplay the impact of Britain's breach with the single market, the market reaction could not have been more satisfactory.



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