The 2018-19 Federal Budget was handed down today on Tuesday, 8 May 2018. Predicted to be a likely election budget, it comes at a critical time for the Government and is expected to contain tax cuts for low to middle income earners, major R&D tax offset changes, and no doubt a host of other tax changes.It makes communal sense to bring back the books of Morris West, whose big themes – conscience versus power, the individual versus the institution – are as relatable to the struggles of secular – as much as religious – life.
*Exclusive Budget Brief By Bega Boy
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Bowen slams coalition money management
Shadow treasurer Chris Bowen has kicked off budget day in federal parliament slamming the government's money management. ... “And now the poor old former treasurer (Peter Costello) has lamented on the 7.30 Report (ABC TV) that he's going to be dead before the government's debt is paid off under this trajectory ...Budget's big Baby Boomer bonus
A scheme enabling pensioners to borrow against their homes will be significantly boosted in Tuesday's budget, as will a scheme enabling pensioners to earn moreHewson decries 'mother of all political budgets'
Morrison to offer $10 tax cut for low-income earners
Art of the leak: how the budget is strategically doled out for maximum effect
Over time, governments came to see that there was political gain to be had by selectively leaking both the budget deliberations and some of the actual measures.
An evening with the treasurer: how governments belt out budget hits
"Some have set the course for electoral victory, others have tanked. In any case, federal budgets are important moments in the life of governments – especially those that are a little wobbly." (The Conversation)
The income tax goose has already been plucked
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Payroll tax here to stay, at least for now
Even
when ASIC has been sufficiently resourced to pursue litigation, the
Australian courts have contributed to an environment where contravening
behaviour is a rewarding option.