Auditor slams risky GST reporting systems

By Julian Bajkowski Legacy computer systems at the Australian Taxation Office that extract crucial reporting data on the Goods and Services Tax (GST) and Fringe Benefits Tax (FBT) have again been found to have serious shortcomings that pose a threat to the quality of data the taxman produces for the government. In a new report […]

Budget 2013-14 delivers $18 billion deficit but spares big cuts

By Julian Bajkowski Federal Treasurer Wayne Swan has delivered a Budget crowned by a gaping $18 billion deficit and underpinned by future “responsible, targeted” savings projections of $43 billion to be delivered by Finance Minister Penny Wong in what could become a largely decorative set of numbers following the federal election in just four-months. After […]

Councils and miners on collision course over road funding

By Julian Bajkowski The mining industry has given the cold shoulder to a renewed push from local governments, engineers and the federal bureaucracy to introduce a national ‘user-pays’ road-funding system to arrest the deteriorating state of regional roads. The resources sector now looks unlikey to come on-board with broader federal efforts to reform the revenue […]

ELECTION 2010: New board to review ATO practices

By Angela Dorizas A re-elected Labor Government would establish a new advisory board to scrutinise practices of the Australian Taxation Office, the Assistant Treasurer, Senator Nick Sherry, has announced. In an address to the Australian Economic Forum in Sydney on Thursday, Senator Sherry said the Federal Government would establish a Tax System Advisory Board within […]


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