Budget 2020: Loss carry-back scheme will allow businesses to reclaim last year’s taxes Coronavirus Stephanie Palmer-Derrien 6 October 2020 The government has confirmed a loss carry-back scheme that will allow businesses to claim back taxes paid on last year’s profits.
Budget 2020: Australia’s tax and superannuation systems get a makeover Economy Chris Johnson 6 October 2020 More than 11 million Australians will get a backdated tax cut, and superannuation accounts will now follow employees from job to job.
Budget 2020: The government’s $4 billion JobMaker hiring credit for young Australians comes with tight eligibility Economy Kishor Napier-Raman 6 October 2020 The government has introduced a suite of JobMaker wage subsidies to get young people into jobs, but eligibility is on a tight leash.
Josh Frydenberg’s road to recovery hinges on middle- and high-income Australians spending big Economy Bernard Keane 6 October 2020 The government is relying on middle- and high-income earners and businesses to spend big and kick-start the economy.
Budget 2020: What we know will be included for SMEs and startups Economy Eloise Keating 6 October 2020 As Treasurer Josh Frydenberg prepares to deliver the 2020 federal budget, here's what SMEs and startups can expect to see.
Budget 2020: Building a granny flat? There’s a capital gains tax exemption for that Construction & Engineering Stephanie Palmer-Derrien 6 October 2020 A capital gains tax exemption on granny flats will provide accommodation for elderly and disabled Australians.
Budget 2020: Businesses to get wage subsidies if they hire young job-seekers Economy Eloise Keating 6 October 2020 Australian businesses that hire unemployed young people will be given access to wage subsidies in the 2020 federal budget.
Budget 2020 assumes access to a COVID-19 vaccine by next year, Frydenberg says Coronavirus Stephanie Palmer-Derrien 5 October 2020 Any measures announced in this week’s budget are made on the assumption Aussies will have access to a COVID-19 vaccine by next year.
The government wants to bring forward income tax cuts, but will that actually stimulate the economy? Coronavirus Jason Murphy 2 October 2020 With the government eying off an early start to tax cuts, it has to be asked: will they actually do anything to bring the economy out of the gutter?
Budget 2020: Fringe benefits tax exemptions and red tape cuts on the way Economy Eloise Keating 2 October 2020 The federal government will use next week’s budget to introduce a raft of tax concessions, including fringe benefits tax exemptions.
Scott Morrison announces $1.5 billion manufacturing plan with a focus on these six sectors Economy Michelle Grattan 1 October 2020 The federal government has announced a $1.5 billion manufacturing plan and selected six priority areas for support.
Government to finalise “pragmatic” and “realistic” workplace reforms following the federal budget Federal Budget 2020 Eloise Keating 1 October 2020 The government is poised to finalise its much-anticipated package of workplace reforms within weeks, Christian Porter says.
