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Content Type:
CDM Article
01 Aug 2010
Phil Ruthven
questions whether Australia needs big taxation reform.
A taxing position
At its inauguration, the then Prime Minister suggested the Henry Review would be one of the most far-reaching and significant developments in a long time. But, of course, it could never have been: the G...
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Content Type:
CDM Article
01 Jul 2010
A series of reform proposals could shake up the superannuation industry.
Janine Mace
details those of interest to directors.
A super shake up
Likely super reforms
A higher Superannuation Guarantee rate could affect remuneration practices
Changes in default fund rules could affect c...
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Content Type:
CDM Article
01 Jun 2010
The global financial crisis appears to have blown darker clouds across Queensland than any other state.
Tony Featherstone
investigates the many challenges Sunshine State directors have to navigate as the gloom starts to lift.
Making a comeback
In its latest Business Outlook repor...
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Content Type:
CDM Article
01 Sep 2009
Directors are personally liable for unpaid company taxes.
Derek Hilliard
outlines how they can come unstuck by being served a Director Penalty Notice by the Taxation Office.
The low down on DPNs
Directors are often unaware that they are personally liable for unpaid company taxes ...
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Content Type:
CDM Article
01 Feb 2009
With the Federal Government focused on infrastructure spending,
Phil Ruthven
examines the size, make-up and adequacy of Australia’s infrastructure.
Australia’s infrastructure
Australia had $6.6 trillion invested in land, buildings, equipment, intellectual property and inventory i...
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Content Type:
CDM Article
01 Aug 2008
Letters to the editor
I had to write in and commend the AICD on the Company Director journal. I still get a great deal out of it and yes, I have lent it out to one friend and he’s since become a member. The journal didn’t seal the deal for him, but it did open the door and upon ...
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Content Type:
CDM Article
01 May 2008
Letters to the Editor
I refer to the article by Professor Bob Baxt ‘Forgiving Director for Insolvent Trading’, (Company Director, February 2008). A cross-appeal has now been filed by the liquidators in Hall v Poolman asserting that it was inappropriate for Justice Palmer to apply any level of exone...
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Content Type:
CDM Article
01 Mar 2008
A pre-Budget push for better tax policy.
Late last year the Treasurer, Wayne Swan, invited business and community groups to submit their ideas for the 2008/09 Federal Budget.
The submission by the Business Coalition for Tax Reform (BCTR) is of particular interest to AICD members. AICD i...
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Content Type:
CDM Article
01 Oct 2007
Government is big business in a modern economy, but these days more so through taxation than production. Phil Ruthven reports.
The business of government
In the fiscal year ended in June 2007, the revenue of Australia’s three tiers of government was $506 billion or 17.2 per cent of the nation’...
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Content Type:
CDM Article
01 Aug 2007
The Australian Tax Office will formally announce its 2007/08 corporate compliance program for large business in August. But Commissioner of Taxation Michael D’Ascenzo gave a taste of what’s to come at a recent AICD breakfast in Sydney. Here are some pointers.
The taxman commeth
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Content Type:
CDM Article
01 Jun 2007
Most business leaders agreed that the 2007 Federal Budget was economically responsible. However, as Kevin Forde found, there was some disappointment that the government did not announce any significant reforms to company taxes.
Business off: The 2007 budget agenda
Given that this is an electi...
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Content Type:
CDM Article
01 May 2007
Time to abolish inefficient state taxes
The Business Coalition for Tax Reform (BCTR) is calling on the states to put abolition of stamp duty on commercial property back on their agendas. Stamp duty on commercial property conveyances is an increasing proportion of state and territory revenues despite...
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Content Type:
CDM Article
01 Mar 2007
Phil Ruthven questions whether the calls for changes and reforms of Australia’s business tax structures are justified.
Is our tax regime competitive?
Governments in Australia accounted for 34 per cent of the nation’s GDP income in 2006. About two thirds of government income, or 23 per cent of ...
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Content Type:
CDM Article
01 Feb 2007
News & ViewsLong tail liabilities
In late 2006, the Corporate and Markets Advisory Committee (CAMAC) invited submissions on the issue of the treatment of future unascertained person injury claims.
The AICD’s view is that regulation of corporations which are required to account for future mass cl...
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Content Type:
CDM Article
01 Feb 2006
Company tax burden too high
Australia’s corporate tax regime is quickly becoming uncompetitive and may act as a brake on economic growth if it is not brought into line with its competitors, says the Business Council of Australia (BCA).
The BCA’s report, Corporate Taxation – An International C...
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Content Type:
CDM Article
01 Nov 2005
Taxing time was had by all
The Tax Act, at a monstrous 10,000 pages and growing, is a major threat to Australia’s international competitiveness as John Arbouw reports
The first taxes ever raised in the budding colony of New South Wales were to pay for a jail in Sydney and help care for orphans. This...
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Content Type:
CDM Article
01 Nov 2005
The tax reform man cometh
Tax reform is back on the political agenda thanks to Malcolm Turnbull. While he says that all he wants is a considerate debate his very visible public persona makes him the issue as much as the context of what he proposes. John Arbouw interviews the Member for Wentworth
Mal...