by Shared by Australian Financial Review | Nov 5, 2018 | News
The veteran venture capitalist said business spending on R&D had fallen since the global financial crisis to just below 1 per cent of GDP while top nations, including the US, Israel, Korea, Sweden, Japan, Germany and Singapore, had increased theirs to 2 to 3 per...
by Shared by Australian Financial Review | Oct 17, 2018 | News
Last week Prime Minister Scott Morrison said the Coalition would move to fast-track tax relief for more than 3 million businesses, bringing in a 25 per cent tax rate for firms below the threshold by 2021-22 – five years ahead of current plans. Read the full article at...
by Shared by Australian Financial Review | Oct 12, 2018 | News
After Prime Minister Scott Morrison confirmed on Thursday the tax cuts that have already been legislated would be brought forward by five years, Labor leader Bill Shorten and treasury spokesman Chris Bowen left the door open to supporting the changes so long as they...
by Shared by Australian Financial Review | Oct 8, 2018 | News
Tax experts have welcomed plans by the federal government to extend denial of a deduction in situations where businesses fail to withhold certain pay-as-you-go amounts from salary and wages for employees, and from payments to contractors who do not quote a valid...
by Shared by Australian Financial Review | Oct 1, 2018 | News
The major banks’ AA- credit ratings are crucially reliant on Australia’s sovereign rating remaining in the prized AAA band. Had the nation been downgraded one notch to AA+, as was universally expected in 2017 (but not by this column), S&P would have...
