Hinch and Wilkie call out'misuse'of MP allowances

Hinch and Wilkie call out'misuse'of MP allowances

Australia's politicians receive 15 times more allowances than the average taxpayer and they claim 12 times as much in tax deductions,ATO data reveals.

  • byPaul Sakkal,Craig Butt andNick Bonyhady

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Who benefits most from negative gearing?

Who benefits most from negative gearing?

The workers most likely to negatively gear are among the highest earning,but you might be surprised to find out how common it also is in your profession.

  • byRachel Eddie andCraig Butt
Labor's $3000 cap on claims for tax advice in the spotlight
Opinion
Analysis

Labor's $3000 cap on claims for tax advice in the spotlight

Labor's plan to limit tax deductibility of the costs of tax advice has antagonised the professional bodies representing accountants.

  • byJohn Collett
CBA settles in $100m R&D tax fight

CBA settles in $100m R&D tax fight

CBA has settled a long-running dispute with the ATO over about $100 million in claims it had made for public support for research development.

  • byClancy Yeates
Hungary to give lifetime tax exemption to women who have four children

Hungary to give lifetime tax exemption to women who have four children

Hungary's anti-immigration Prime Minister said the government would increase financial aid and subsidies for families in a bid to boost the population.

'Welfare for the wealthy':Chris Bowen doubles down on Labor's tax changes

'Welfare for the wealthy':Chris Bowen doubles down on Labor's tax changes

Labor has slammed the use of tax rules on property and share dividends to offer"welfare for the wealthy.

  • byDavid Crowe
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'Ripping Australians off':Labor signals hardline on poor performing super funds

'Ripping Australians off':Labor signals hardline on poor performing super funds

Labor is considering forcing out poorly performing super funds or forcing small funds to merge if it wins the next federal election.

  • byShane Wright
AFIC delivers franking credits before they disappear

AFIC delivers franking credits before they disappear

Investment company sells of a big slice of heavyweight miner Rio Tinto and trims BHP holdings to capture franking credits for shareholders.

  • byStephen Miles
Tax-free redundancies expanded to over-65s

Tax-free redundancies expanded to over-65s

Government's $18m spend a positive sign for the nation's finances.

  • byDavid Crowe
New analysis shows negative gearers account for as few as one in 10 property purchases

New analysis shows negative gearers account for as few as one in 10 property purchases

Labor has seized on a new independent analysis of Australia's negative gearing scheme to dismiss escalating claims by the government.

  • byShane Wright
'Doomed to fail':Labor's dividend plan would hit entire economy:Wilson
Opinion
ALP

'Doomed to fail':Labor's dividend plan would hit entire economy:Wilson

Labor’s proposal would impact the entire economy and cause suffering to low-income earners and modest retirees.

  • byGeoff Wilson