In The Australian today: Speaking in Senate estimates this week, Treasury secretary John Fraser may have been less eloquent than Jonathan Swift but his message was no less ominous.
In today's The Australian Oh, the poetry of economics! Exchange rates float, economies limp and tax brackets creep. No wonder the field attracts fertile minds. But it would be better if they kept their imaginations under control.
“The taxation concession on superannuation earnings in retirement is unsustainable,” Chris Bowen said last week. And “someone has to show the courage to say it and to deal with it”.
In The Australian today Whatever else last year’s budget may have achieved, it certainly placed fairness at the heart of the political battle. And whatever this year’s budget may bring, the government will be working overtime to ensure it is less vulnerable than its predecessor to being cast as unfair.
In The Australian today "It’s hardly about negative gearing. Rather, what the Left really wants is to increase income tax on the middle class. As it lacks the courage to do that directly, fiddling the definition of income is the coward’s way of achieving the same goal."