Australia News - Business, Taxation & Offshore

Australia Announce New Superannuation Roundtable

by Mary Swire, Tax-News.com, Hong Kong

Last updated 26 hours ago | Tuesday, February 07, 2012

Australia’s government has announced a new Superannuation Roundtable to consider ideas raised at the recent Tax Forum to provide Australians with more options in retirement and to improve certain superannuation concessions. Read Full Story


Australia Threatens Legal Action On Mining Contracts

by Mary Swire, Tax-News.com, Hong Kong

Thursday, February 02, 2012

Australian Prime Minister Julia Gillard has warned that Australia will bring proceedings at World Trade Organisation level if it is confirmed by industry that Australian suppliers are unfairly being shut out of lucrative supply deals as has been alleged. Read Full Story


Australia Urged To Scrap 'Wasteful' Oil Tax Breaks

by Mary Swire, Tax-News.com, Hong Kong

Monday, January 30, 2012

The Australian Conservation Foundation has argued that the Federal Government could save up AUD2.3bn (USD2.4bn) in the 2012-13 Budget by scrapping wasteful and inefficient tax breaks to the oil and gas sector as well as other subsidies that promote the use of fossil fuels. Read Full Story