Yesterday
- Opinion
- Tax reform
All roads lead to a tax shake up after EV ruling
The High Court’s decision banning Victoria’s electric vehicle tax has parallels to how the GST came about.
- John Kehoe
This Month
See which super funds rate the worst for retirement
Regulators have criticised the super industry for largely ignoring a new obligation to help members prepare for retirement.
- Hannah Wootton and Joanna Mather
Super fund CEOs put ASX on notice over workplace conditions
Industry super funds are using their $3.5 trillion asset pool to influence companies on decent work conditions, secure contracts and banning sexual harassment.
- Updated
- Hannah Wootton
- Opinion
- Tax reform
Time to walk the tax reform talk
The High Court’s rejection of Victoria’s road tax and its threat to states’ revenue puts pressure on the federal government to step into the reform breach.
- Michelle de Niese
Relying on bank statements for tax deductions? Think again
A Brisbane businessman learnt the hard way that bank and credit card statements are not sufficient records to prove $48,000 in tax deductions.
- Ronald Mizen
- Opinion
- The AFR View
Buck for EV road charging stops with Labor
Taxing the transition to cleaner vehicles should be part of a bigger discussion about cleaning up the nation’s tax system.
- The AFR View
- Updated
- Electric cars
High Court’s EV decision threatens state taxes
Lawyers say the ramifications of the decision are ‘monstrous’ and could trigger a shake-up in federal-state relations.
- Michael Pelly
- Exclusive
- Consulting
Big four partner alleged to have promoted tax exploitation scheme
A former partner at a major accounting firm is facing significant fines for allegedly promoting tax avoidance schemes to seven clients.
- Max Mason and Neil Chenoweth
SMSFs forced to sell to cover $3m super tax: study
Farmers and small business owners were particularly likely to be forced to sell assets to finance the tax, the study shows, with 13.5 per cent of affected SMSFs too illiquid to pay the tax without sales.
- Hannah Wootton
What super funds spend on ads, donations, exec pay to be made public
APRA warned funds it wants to publish the data. It comes as, in the battle for members, funds launch bigger advertising campaigns and elite sport sponsorship.
- Hannah Wootton
‘Everything should be on the table’ to ease tax burden on young
The BCA, CTA, Allegra Spender and Grattan have urged Labor to develop a tax reform agenda to stop younger workers shouldering an ever-increasing tax burden.
- John Kehoe
Crackdown for employers dodging super stapling laws
The government is also moving ahead with its plan to introduce payday super amid a flurry of law reform for the retirement income sector.
- Hannah Wootton
How ‘nation building’ can deliver competitive super returns
AustralianSuper’s Don Russell cites infrastructure as an area where the $3.5 trillion sector has helped modernise Australia without compromising on returns.
- Hannah Wootton
Affordable housing generates $45,000 benefit for each tenant: study
The upside of improved travel times, more leisure spending and better productivity from affordable housing schemes could provide a $64 billion boost to the economy, an EY study for Aware Super found.
- Hannah Wootton
- Opinion
- Franking credits
Labor’s franking credit changes raise bigger questions
The government’s planned changes raise a legitimate question about the long-term future of dividend imputation.
- John Kehoe
How to turn your super portfolio green
Forty years after Australian Ethical opened its doors, the $3.5 trillion superannuation sector is scrambling to launch and grow similar ethically invested products. What is on the market and best for investors?
- Hannah Wootton
‘Stubborn’ Labor offers no compromises on $3m super tax
Industry players also warned the tax will potentially hit more people than suggested, as draft laws released on Tuesday confirmed it would not be indexed.
- Hannah Wootton
September
HESTA demands energy company boards act on climate change
The industry super fund wants companies to accelerate commercialisation of hydrogen in Australia as it outlines its active engagement priorities.
- Hannah Wootton
Super giant’s net-zero promise raises pressure on companies
Australian Retirement Trust’s Nicole Bradford says the $240 billion fund cannot turn on a dime to meet climate goals, as its promise to cut emissions by 43 per cent by 2030 adds pressure on the sector to adopt interim targets.
- Hannah Wootton
Watchdog tightens screws on super funds’ spending
The watchdog has proposed reforms requiring that they better explain how every dollar spent is in members’ best financial interests and how they set fees.
- Hannah Wootton
