Opinion
The pandemic budget contains extraordinary measures to boost jobs, confidence and the economy. But hoping a nationwide COVID-19 vaccine will exist in a year is a gamble, writes Michelle Grattan.
National
Millions of Australians will have income tax cuts fast-tracked in a federal budget set to focus on driving business investment and job creation, with an expected wage subsidy to employ young workers.
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Taxpayers are set to get more in their pay packets – but at what cost to the broader community?
Tax breaks for older Australians may seem like a just reward for a lifetime of paying tax, but the authors of a new report from the Grattan Institute argue that winding them back would create a fairer system for everyone.
Scott Morrison is banking on more tax cuts for the growing army of small businesses and an income tax break for 500,000 middle-income Australians to bolster the Coalition’s election hopes and drive the economy.
Australia’s small and medium-sized businesses will get a tax cut from July 1, in measures to be announced in the federal budget.
