Latest Tax Stories

Australia’s super funds pay up to 33% less tax than advertised

Australia’s super funds pay up to 33% less tax than advertised

The tax paid by superannuation funds on their earnings is often less than 10%, much lower than the headline rate of 15%, according to research by the University of Technology Sydney. And in an industry worth $2.7 trillion, this means a huge difference in the tax take for government. Callum Foote reports.

Minerals Council demands “reform” while its members pay little or no tax

Minerals Council demands “reform” while its members pay little or no tax

Throughout the COVID-19 crisis, various vested interests have been lobbying for the reforms they’d like governments to deliver under the guise of economic stimulus. The Minerals Council of Australia (MCA) is no exception. Last week, the MCA published a lis​t ​of “immediate reform priorities to accelerate economic recovery”. ACCR’s Dan Gocher reports.

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