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Budget

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Article

No white Christmas for those with the budget blues


The government still won’t acknowledge why the deficit isn’t going away, but it’s not too late to take some simple steps THERE was a bit of pride and a bit of resignation in the way treasurer Scott Morrison and finance minister Mathias Cormann reported yet another $10.4 billion blowout in the budget deficit forecast for...
Report

CEDA's top 10 speeches 2016


Each year through this publication CEDA delivers for members a reflection on the most influential and interesting speeches on the CEDA stage. With a Federal Election here in Australia, and unexpected international events, from the Brexit result to the election of Donald Trump as the next US President, there has been much to discuss around...
Report

National broadband network: impact on the budget


The Australian Government has committed to provide $29.5 billion in equity funding to NBN Co Limited (NBN Co) for the rollout of the National Broadband Network (NBN) by 2020. The Government also recently agreed to provide NBN Co with a loan of $19.5 billion to complete the NBN rollout at an estimated total cost of...
Briefing paper

2016 Budget superannuation reforms


After some years of stasis, superannuation tax reform was back on the agenda in 2016. Not since the Howard-Costello changes in the 2006-07 Budget has there been such a substantial amount of superannuation reform. However, the 2016 changes go in the opposite direction of the Howard-Costello reforms by tightening tax concessions received by those on...
Report

Age of entitlement: age-based tax breaks


The Commonwealth Government could save about $1 billion a year by winding back three tax breaks for older Australians that are unduly generous and have no sensible policy rationale. Seniors pay less tax and get a higher rebate on private health insurance than do younger workers on the same income. They do so through the...