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Latest news: Personal Income
No respite from tax burden on younger workers in budget
Young income earners will be increasingly called upon to fund rising public spending unless structural tax reforms are made in the next term of government.
Mar 26, 2025
Call to bring back inheritance tax to tackle wealth gap
Inheritance taxes are economically efficient and reduce inequality between those who work for an income and those who earn income from wealth, economists say.
Feb 13, 2025
Carer, student, youth support payments set to grow
Young Australians, students, carers and other who receive government support allowances will take home more as indexation increases their payments.
Dec 08, 2024
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Calls for overhaul as welfare payments incorrectly axed
Welfare recipients may have had their payments illegally cancelled, prompting calls to suspend the tool used to enforce mutual obligations.
Dec 03, 2024
Rich get richer than rest: Australia's wealth gap grows
Australia's wealthiest households have comparatively added more to their pile than those at the bottom and rising unemployment is set to further widen the gap.
Apr 17, 2024
Tax cuts aimed squarely at regions, PM declares
Prime Minister Anthony Albanese says Labor's revamped stage three tax cuts will largely benefit working Australians from the bush.
Feb 18, 2024
'They'll never change': PM goes on attack over tax cuts
Anthony Albanese has launched a full-throated attack against the coalition after it loudly complained and then quickly capitulated over changes to tax cuts.
Feb 08, 2024
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Coalition 'cannot be taken seriously' on tax, PM claims
The prime minister says the federal opposition cannot be taken seriously after agreeing to back in stage three tax cut changes following earlier criticism.
Feb 07, 2024
Alarm sounded over long-term effects of tax cuts
Concerns are being raised new tax cuts will put a dent in the pocket of Australians in the long-term as the issue of bracket creep remains.
Jan 30, 2024
Storm clouds loom for economy as rain, floods take toll
The fallout from severe storms in Queensland could lead to consequences for the economy and budget bottom line, Treasurer Jim Chalmers has warned.
Jan 08, 2024
Crackdown coming for million-dollar tax refund rort
Unsuspecting taxpayers are getting ripped off by unscrupulous crooks who steal personal information and hack their accounts.
Dec 15, 2023
Childcare subsidy boost could worsen staff shortages
Parents are welcoming a lift to childcare subsidies but providers say increased demand will add pressure to existing staff shortages in the sector.
Jul 10, 2023
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