The European Union is on the verge of announcing whether it will significantly raise tariffs on imported Chinese electric cars - and China is threatening to retaliate.
The head of Treasury says while soft consumer spending will lead to subdued economic growth,household budgets will fare better in the second half of the year.
Jim Chalmers backed the case for tax concessions in a new signal about the scale of the budget plan to help clean energy industries and local manufacturing.
Apple,Google,Facebook and Microsoft earn billions of dollars a year in Australia,and Assistant Treasurer Stephen Jones has said he expects multinationals to “pay their fair share”.
An 0.05 per cent quarterly levy on Victoria’s share of bank liabilities would raise an estimated $1.25 billion next financial year,costings have found.
If you thought Donald Trump’s first term as US president was anarchic,have a look at what he plans if he gets back in the White House.
Mining giants paid more income tax in 2021-22 than the rest of the country’s high-value companies combined,while airlines paid none as pandemic effects continued.
Earnings from energy and mineral exports reached record highs in the last financial year. The ATO says a crackdown helped increase oil and gas tax payments.
Premier Chris Minns said his government was obligated to negotiate with Crown Sydney over its $1 billion tax guarantee,but no more.
Crown Sydney wants to renegotiate the 2013 agreement in which it promised to pay $1 billion in gaming taxes over 15 years,citing economic and regulatory changes.
A $1 billion settlement with Rio Tinto underpinned the record windfall secured by the ATO’s tax avoidance taskforce.