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  • August 2, 2014
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Results 1 - 10 of 57 for income tax

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  1. News - Asia - AUSTRALIA

    Australian PM Tony Abbot mulling new deficit reduction tax, despite campaign pledge

    Posted Apr 29th 2014, 12:44pm by Associated Press in Canberra

    ... promises not to tax more Weeks before he was elected Tony Abbott promised no new taxes. But with his first annual budget looming, Australia’s prime minister on Tuesday wouldn’t rule out a so-called deficit reduction levy to be paid by higher income earners. Abbott has warned that his conservative government faces tough decisions to rein in mounting debt in its budget blueprint for the fiscal ...

  2. News - Asia - AUSTRALIA

    Australian parliament repeals carbon tax, emissions trading scheme

    Posted Jul 17th 2014, 11:18am by Reuters in Sydney

    ... Reuters in Sydney Australia on Thursday became the first country in the world to scrap a carbon tax as the upper house of the legislature also discarded plans for a trading scheme based on emissions The Australian Senate voted on Thursday to scrap the country’s carbon tax and plans for emissions trading, a major victory for conservative Prime Minister Tony Abbott that leaves ...

  3. News - World - AUSTRALIA

    Tony Abbott tries again to repeal carbon tax with Senate shake-up due

    Posted Jun 23rd 2014, 09:12pm by BLOOM

    ... Bloomberg in Sydney Abbott in new bid to axe carbon tax Australia's conservative government yesterday reintroduced a bill to repeal a carbon tax ahead of a shake-up in the Senate, which has previously rejected the levy's removal. "Repealing the carbon tax will reduce the cost of living, make jobs more secure and improve the competitive position of our ...

  4. News - Asia - AUSTRALIA

    Australia proposes new tax for disability welfare

    Posted May 01st 2013, 01:14pm by Associated Press in Canberra

    ... income to 2 per cent. That would raise more than US$3 billion in the first year. The new tax promise was welcomed by groups representing the disabled and doctors. Around 410,000 disabled people ... Associated Press in Canberra Prime Minister Julia Gillard has pinned her government’s re-election hopes on a new welfare scheme for the disabled, proposing on Tuesday a new tax to better ...

  5. News - Asia - AUSTRALIA

    Australian PM works to sell harsh budget as ‘pain with a purpose’

    Posted May 13th 2014, 11:10am by Agence France-Presse in Canberra

    ... of annual growth fuelled by a mining boom, but government revenues have dropped dramatically in recent times, in part due to income tax cuts introduced in 2007. Meanwhile, expenditure on welfare ... on high income earners, a future rise in the pension age to 70, a fee for visiting the doctor and big cuts to the public service. Abbott admitted some of the measures will not be popular, but he ...

  6. News - Asia - AUSTRALIA

    Australia will manage less than third of its pledged carbon cuts, report says

    Posted Jun 12th 2014, 02:37pm by Reuters in Sydney

    ... to drive cuts in greenhouse gas emissions. When the Senate changes next month, the government plans to repeal the nation’s carbon tax and replace it with a A$2.55 billion (HK$18.5 billion) ...

  7. News - Asia - AUSTRALIA

    Australian PM Tony Abbott plays down slump in polls after budget

    Posted May 19th 2014, 10:00pm by AP

    ... the ruling conservative coalition's popularity now trailing the centre-left Labor Party opposition by a double-digit margin. The government plans to raise taxes, reduce welfare and shed public ... over a decade, shifting the costs to the states and raising the prospect of an increase in Australia's 10 per cent consumption tax. "There are some very tough decisions ...

  8. News - Asia - AUSTRALIA

    Pensioner sex worker brings Tony Abbott undone in the wink of an eye

    Posted May 21st 2014, 03:51pm

    ... cuts of A$50 billion (HK$360 billion) to health and A$30 billion to education over the next decade, a new tax will be levied on high earners, the pension age will rise to 70 by 2035 and people ...

  9. Property - International - AUSTRALIA

    Australian homeowners paying off mortgages at breakneck pace

    Posted Apr 23rd 2014, 05:20am by Reuters

    ... their mortgage. Thus households could weather temporary shocks to income or interest payment spikes," the IMF wrote. Indeed, when interest rates dived in the wake of the global financial crisis many ...

  10. News - Asia - AUSTRALIA

    Repeal of Australia’s carbon tax moves closer

    Posted Nov 21st 2013, 04:09pm by AFP

    ... Agence France-Presse in Sydney Bill to abolish Australian carbon tax clears parliament’s lower house A bill to abolish an Australian carbon tax designed to combat climate change cleared parliament’s lower house on Thursday with the new conservative government saying “it doesn’t work”. Scrapping the divisive tax was a central election promise for Prime Minister Tony Abbott who argued ...




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