Tag: Treasurer

According to data released by the ABS today, Australia’s CPI movement to 7.3 per cent is the highest annual rate since 1990.

More than half a million small businesses stand to benefit from tax cuts included in the 2017-18 NSW Budget, according to Treasurer Dominic Perrottet. In a statement, released yesterday, the Treasurer announced: “From 1 January 2018, the NSW Government will abolish insurance duty for small businesses on commercial vehicle insurance (including aircraft), professional indemnity insurance, […]

Treasurer Chris Bowen has announced that the government plans to cut $1.8bn worth of fringe benefits tax car concessions.

Back to the ex treasurer, Mr Buswell. It is bad enough that we have to bring up the old episode of what he did to that chair (still can’t bring myself to type it or say it) but the whole episode has been like seeing a dead animal on the side of the road. Once you notice it’s there, you can’t turn away…you almost feel compelled to check out how it died, and how badly.

“Avoiding recession will be difficult,” says Assistant Treasurer Chris Bowen. A recession is two consecutive quarters of negative growth; Australia’s first occurred in the last quarter of 2008 and this quarter is set to follow suit, he believes. “We haven’t gone there but… we are seeing, a slowdown,” Bowen admitted. “We have said all along […]