Articles from Grattan Blog
When do I get my tax cut? It’s should be a simple question following last week’s federal Budget, but the answer is complicated. What’s actually changed in this Budget? In the last week we’ve heard a lot about ‘Stage 2’ of the Government’s three-stage tax plan. Stage 2 was originally supposed to start in 2022. Now it’s been brought forward. But what’s easy to miss is that Stage 2 doesn’t actually cut taxes for anyone on less than $90,000 a year.
Tomorrow's Budget is likely to feature personal income tax cuts - this piece explains the policy choices, who benefits, and the key things to look out for
Australia is in for a long and damaging economic slump, unless governments inject substantially more fiscal stimulus.
Between 1972 and 2018, the Organisation for Economic Co-Operation and Development (OECD) issued 31 Economic Surveys of Australia – about one every 18 months. Each survey suggested policy reforms that the OECD believed would increase economic growth and living standards. How often were their recommendations implemented?
Making childcare tax-deductible would be a backward step. Most families, and especially low-income families, would be worse off than under the subsidy. And work disincentives would be even worse than they are now.
Updated ABS payroll data shows that job losses due to COVID-19 were clearly concentrating in Victoria, even before Stage 3 and 4 restrictions took effect across the state.
New Grattan Institute modelling shows that most Australians will have a comfortable retirement - even if they’ve spent some of their super early.