Keywords: Levy

  • ECONOMICS

    Super's evil empire on shaky ground

    • Brian Toohey
    • 11 June 2014
    15 Comments

    The superannuation industry inhabits a cosseted world in which the money pours in thanks to a combination of government compulsion and tax concessions. The foundations of this empire are criticised for how the tax concessions create an expensive form of upper class welfare, and for the harmful effect of compulsory super's artificial expansion of the finance sector. The Abbott Government shows scant concern about either aspect.

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  • AUSTRALIA

    Whose rule book is Abbott playing from?

    • Neil Ormerod
    • 15 May 2014
    48 Comments

    It took John Howard until his third term before he let his personal leanings completely off the leash. It led to his electoral demise. Abbott is doing much the same in his first term, over-reaching, thinking himself invulnerable to a political backlash. Whereas Machiavelli's prince could rule through force, Abbott must face an electorate whose trust in political promises has been completely eroded. Our political system will take a long time to recover.

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  • ENVIRONMENT

    Coal hard facts for religious investors

    • Neil Ormerod
    • 11 February 2014
    12 Comments

    The international movement to divest from investment in fossil fuels is gathering momentum. Investors are starting to realise that as governments act to restrain fossil fuel consumption, fossil fuel companies will find their assets being written down. This is particularly pertinent to Australia, the second largest coal exporter. And it raises questions for Australian religious bodies about the prudent and moral use of their resources.

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  • AUSTRALIA

    Why miners will backflip on tax

    • John Menadue
    • 18 October 2013
    1 Comment

    Some miners must be wondering whether they took the right course in opposing the Rudd Government's Resources Super Profits Tax, in which taxes would be levied on the profitability of the enterprise rather than royalties. Higher state mining royalties, lower commodity prices and higher costs will put the squeeze on the mining companies. It will be quite delicious to see them then urging a tax based on profits/losses rather than royalties.

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  • ECONOMICS

    Boost budget by chopping charities' tax take

    • David James
    • 27 August 2013
    3 Comments

    Australia is one of only a few countries in the world that has a franking credit system. Though it is designed to stop 'double taxation' on company tax, in many cases it ends up being a 'double reward' for entities that already have tax favoured status. Last year the Tax Commissioner generously refunded over $500 million to charities and not-for-profits on dividends because they pay no tax.

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  • ECONOMICS

    Which party really has the economic smarts?

    • David James
    • 13 August 2013
    3 Comments

    As the China boom fades Australia is experiencing a delayed version of the GFC, without the banking crisis. Until now we've been reasonably well served by both sides of politics, in terms of macro-economic strategy. Now we require a way of dealing with more mundane economic issues like productivity and efficiency. Neither side has many good ideas about how to achieve the required structural shifts.

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  • AUSTRALIA

    Rudd's shifting moral high ground

    • Michael Mullins
    • 01 July 2013
    22 Comments

    Kevin Rudd told colleagues during the week that he would not 'lurch to the left' on asylum seekers. Foreign minister Bob Carr was on message when he said there's been a change and most boat arrivals are now economic migrants rather than genuine asylum seekers. He is boldly asserting that the Rudd Government's moral credentials are intact by framing boat arrivals as a law and order matter and not a moral issue.

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  • AUSTRALIA

    Good policy comes second to voter trust

    • Ray Cassin
    • 08 May 2013
    13 Comments

    Gillard's adroit manoeuvring of Abbott into supporting the NDIS will do little to help her come September. People typically vote for whoever they trust to govern, and the public's lack of trust in Labor derives not from policy or the legislative record but from the circumstances in which she became prime minister in the first place.

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  • AUSTRALIA

    Mary MacKillop's advice for today's politicians

    • Michael Mullins
    • 06 May 2013
    13 Comments

    'Never see a need without doing something about it' is the principle that guided Australia's first saint Mary MacKillop. This is also what drives successful politicians, and the NDIS is a good but rare example of this. Unfortunately few political leaders are able to see a real need and successfully legislate to do something about it.

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  • ARTS AND CULTURE

    The Palestinian who would be Jewish

    • Tim Kroenert
    • 11 April 2013
    1 Comment

    A Rabbi informs Joseph that although he has been circumcised and celebrated his Bah Mitzvah, the revelations about his biological origins mean he must undergo 'cleansing' rituals to be accepted as a Jew. Religious institutions err when they elevate legalism over human need. In this instance the institution is found wanting.

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  • AUSTRALIA

    Labor excises its moral compass

    • Binoy Kampmark
    • 31 October 2012
    12 Comments

    In politics, hypocrisy is a natural condition. On Tuesday, it became evident that refugee policy is the last thing that should be made by the Australian government. Gillard has now achieved something Howard could only dream of, and shown Labor can play the game of hypocrisy as well as any.

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  • AUSTRALIA

    Hope beyond disability support flip-flopping

    • Moira Byrne Garton
    • 03 August 2012
    2 Comments

    Disability policy is no longer a short-term issue for political point-scoring, it is in the middle of the public policy sphere. While it is heartening that there is general consensus between political parties on the National Disability Insurance Scheme, some state premiers' bickering over funding has fuelled the distress of affected people.

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