Keywords: Family Tax Benefit
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AUSTRALIA
- Marcelle Mogg
- 05 May 2016
18 Comments
Even the International Monetary Fund recognises that the best way to grow an economy is to reduce the divide between rich and poor, ensuring that all people have a chance to participate in the social and economic life of a country. The Coalition government remains resolutely opposed to this growing body of evidence, continuing to rely on economic structures that entrench disadvantage, then blame the poor for their fate. The Budget provides tax cuts to the rich and service cuts to the rest.
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ECONOMICS
- Kate Galloway
- 28 April 2016
14 Comments
Historically, having a largely home-owning population has ensured both the social benefit of housing, and an economic benefit through enforced saving with long-term growth. In contrast, the negative gearing push splits the cultural and economic meaning of home ownership, because it focuses on investment. Negative gearing promotes property ownership but not home ownership. Thus the social benefits of home ownership that we have come to expect give way to bare economic indicators.
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AUSTRALIA
- Ellena Savage
- 15 April 2016
2 Comments
When we talk about the 'housing crisis' we are often referring to the plight of young working people and migrants struggling to tap into a property market that has been made a prestige market. This has been incentivised by tax breaks for investors, and is symptomatic of the culture of hoarding family wealth for the purpose of passing down class privilege. The Bendigo Street occupation reminds us that the 'housing crisis' is one and the same as the homelessness crisis; not a crisis of scarcity, but of policy.
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AUSTRALIA
- Marcelle Mogg
- 17 December 2015
9 Comments
Children in two-parent families don't deserve government support. That's the message the government sent last month when they passed legislation to cut family payments for two-parent families, while other families still get cash payments. One of the problems with recent policies is they increasingly see families as part of the market rather than fundamental building blocks of our communities that need to be supported. Families and communities are in fact undermined by the market.
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AUSTRALIA
- Brian Lawrence
- 30 May 2014
2 Comments
There may be debate about whether the current Family Tax Benefit, Part B is adequate recognition of the economic and social value of domestic child care. But there is no doubt that the $5.75 per week proposed in the recent Budget would drive low paid families deeper into poverty. The side issue of whether Howard or Keating was the father of the threatened payments could impact on post-Budget strategies and positions in the Senate.
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AUSTRALIA
The Budget does not signal an end to the 'age of entitlement', as there are still plenty of beneficiaries of government expenditure or foregone revenue. You don't need to be an economist to see that collectively the Budget measures will impact negatively on the income levels of the poor and disadvantaged. The discussion now must be who will pick up the pieces left behind by Government in developing a system with obvious gaps.
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INTERNATIONAL
- Cecily McNeill
- 17 February 2014
4 Comments
With the Australian economy in disarray, the Abbott Government is showing keen interest in New Zealand's projected unusually high growth. But NZ's status as a rock star economy is in question from commentators who say it has never recovered from major policy shifts 30 years ago. In particular its sexy image on the global business stage does not translate to a better life for those on low incomes, particularly women and children.
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ECONOMICS
- Bruce Duncan
- 04 February 2014
14 Comments
The budget problems are not caused by Newstart or disability pensions, which have been declining as a proportion of economic activity. Had the Howard Government not been so generous with its tax cuts to upper and middle income groups, there would today be no budget deficit.
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AUSTRALIA
- Ray Cassin
- 14 November 2013
10 Comments
If the Catholic Church is mentioned frequently in the report of the Victorian parliamentary inquiry into the sexual abuse of children, Catholics and their leaders can hardly complain. Among the churches scrutinised by the committee, only the Salvation Army has an even remotely comparable record of abuse. The Napthine Government should implement the inquiry's recommendations — with one exception.
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AUSTRALIA
- Michael Mullins
- 22 July 2013
11 Comments
The salary packaging and car manufacturing industries resented not being consulted about changes to fringe benefits tax rules. But as treasurer Chris Bowen said when he shrugged off the criticism: 'This is a matter of the integrity of the tax system.' A tax system that makes compromises with sectional interests is by definition corrupt and turning its back on the common good that it has been set up to serve.
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AUSTRALIA
- Lin Hatfield Dodds
- 16 May 2013
5 Comments
The 2013 Federal Budget is framed around a national disability insurance scheme, education reform, and welfare to work focused welfare spending. The jewel in the crown has to be DisabilityCare, which will make a significant difference in the daily lives of nearly half a million Australians.
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AUSTRALIA
- Paul O'Callaghan
- 15 May 2013
13 Comments
The Treasurer has emphasised his belief that Labor's values and priorities are reflected in this Budget. He is keen to help the battler. Yet there is a sharp dissonance between the Government's promotion of a 'fair go' through big reforms and its evident disinterest in so many citizens whose financial struggles are profound.
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