Income inequality and tax-transfer policy: trends and questions

08 November 2006Examination of trends in the structural impact of income tax and cash transfer policy between 1996-97 and 2006-07. Study concludes that older Australians with some private resources and single income couples with children have been particular beneficiaries of program changes. It also examines trends in income across the decade, suggesting that the average Australian family has benefited from a 25 per cent increase in their 'needs-adjusted' disposable income (primarily driven by increases in earnings). These increases have been spread broadly across the income distribution, but with the middle 20 per cent of Australians experiencing higher than average income growth.

Noticeboard

22 March 2012

The Attorney-General's Department has launched a new inquiry to explore the scope for reforming Australian contract law. There will be a three-month consultation period.

07 March 2012

In May 2011 the Federal Government announced that the Australian Charities and Not-for-profits Commission (ACNC) would commence operations from 1 July 2012 and that it would initially be responsible for determining the legal status of groups seeking charitable, public benevolent institution, and other not-for-profit (NFP) benefits on behalf of all Commonwealth agencies. 

07 February 2012
The Productivity Commission has been asked to report within 8 months on Default Superannuation Funds in Modern Awards. The inquiry covers the design of criteria for the selection and ongoing assessment of superannuation funds for nomination as default funds in modern awards.