Tag Archives: tax

Everybody’s talking about tax

Posted on June 23, 2015 by Gene Tunny

With the Commonwealth Government currently undertaking a major tax review, it is timely that there are two events on tax reform being held in Brisbane next month, both supported by the Economic Society of Australia (QLD), of which I’m the … Continue reading →

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Stamp duty has to go – time to consider greater reliance on land tax & GST

Posted on June 16, 2015 by Gene Tunny

It is lamentable that our State Governments are so reliant on a source of revenue, stamp duty, that is very costly to the economy and has no defenders outside of State Treasuries who would greatly miss the money if it … Continue reading →

Posted in Housing, Tax | Tagged , , , , , , , , | 6 Comments

Upcoming Young Economists Coffee Connections to discuss negative gearing & capital gains tax treatment

Posted on June 2, 2015 by Gene Tunny

I await with interest the Hansard transcript of Treasury Secretary John Fraser’s testimony before Senate Estimates in Canberra yesterday, because in his reported comments he appears to be saying that any housing price bubble that may exist in Australia isn’t … Continue reading →

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Trajectory to surplus not the same thing as budgeting for a surplus

Posted on May 13, 2015 by Gene Tunny

As I mentioned to Pat Hession on Townsville ABC radio yesterday afternoon, the 2015-16 Federal Budget simply kicks the can down the road, as they say, leaving it for a future Government (or this one if it stays in power) … Continue reading →

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Qld Govt faces big budgetary challenges from unreliable revenues and soaring health costs

Posted on March 10, 2015 by Gene Tunny

In yesterday’s post I noted that the Queensland Government has become increasingly reliant on volatile royalties revenue, and that its major revenue sources of Commonwealth grants and taxation revenue have been growing significantly slower than expenses in recent years. I … Continue reading →

Posted in Budget, Health, Tax | Tagged , , , , , , , , | 2 Comments

Qld Government increasingly dependent on volatile royalties revenue

Posted on March 9, 2015 by Gene Tunny

The current resources sector slowdown is resulting in hard times for many businesses and workers, and it will make the new Queensland Government’s budget management task a lot harder, especially if projected royalties revenues don’t eventuate. Over the last ten … Continue reading →

Posted in Budget, Mining | Tagged , , , , , , | 2 Comments

4BC interview on KPMG’s analysis of GST increase for CPA Australia

Posted on February 19, 2015 by Gene Tunny

In response to a new report from CPA Australia (tax-reform-in-australia), the Prime Minister has ruled out changes to the GST, which is a bit of a shame, because changes to the GST should be part of any comprehensive package to … Continue reading →

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HIA wants debate on stamp duty, not negative gearing

Posted on September 23, 2014 by Gene Tunny

The Housing Industry Association (HIA) has released an excellent report from the consulting firm of top Australian economist Chris Murphy on The Economic Impacts of Negative Gearing of Residential Property (see the news report Don’t slash negative gearing, says HIA). … Continue reading →

Posted in Housing | Tagged , , , , , | 6 Comments

US tax guru Dan Mitchell criticises federal debt levy

Posted on August 20, 2014 by Gene Tunny

Cato Institute economist and former George H.W. Bush adviser Dan Mitchell gave a fantastic presentation tonight to the Queensland branch of the Economic Society on tax avoidance and tax competition. Dan is highly critical of OECD efforts to discourage member … Continue reading →

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Leading US supply-side economist Dan Mitchell to speak at Economic Society event

Posted on August 4, 2014 by Gene Tunny

Dan Mitchell, Cato Institute As Deputy Secretary of the Queensland branch of the Economic Society of Australia, it’s incumbent upon me to promote an upcoming Society event in Brisbane on Wednesday 20 August, at which leading US supply-side economist Dan … Continue reading →

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