New Multinational Tax an MRRT Style Debacle All Over Again

3 May 2016 Media Release: New Multinational Tax a MRRT Style Debacle All Over Again The Australian Taxpayers’ Alliance, a non-partisan advocacy group, today condemned the decision of the Commonwealth Government to introduce a “Profit Diversion Tax”. “By imposing a short sighted new tax on our most agile and innovative companies, the government has failed to grasp the nature of the 21st century agile economy” said Tim Andrews, Executive Director of the Australian Taxpayers’ Alliance. “With the announced tax estimated to raise $100 million ...

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2016 Budget A Missed Opportunity, Fails To Address The Big Issues

  The Australian Taxpayers’ Alliance, a non-partisan advocacy group representing taxpayers, released the following statement on the 2016-17 Commonwealth Budget: “Despite grand rhetoric, the 2016-17 budget is a timid, low-risk budget that fails to address the fundamental challenges facing the Australian economy, and represents a missed opportunity for the Turnbull Government” said Tim Andrews, Executive Director of the Australian Taxpayers’ Alliance. “While Australian taxpayers welcome the relief given of both some personal income and corporate ...

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ATA Budget Analysis: The Good, The Bad, The Ugly

ATA Preliminary Budget Analysis: The Good, The Bad, The Ugly The Good Increase of $80,000 marginal tax threshold to $87,000 Reduction of small business tax rate to 27.5% and turnover threshold increased from $2m to $10m Gradual reduction of corporate tax rate to 25%... The Bad The Debt is Too Damn High! $499 billion in Commonwealth Debt or 29% of GDP. This is over $40,000 a household. Interest on gross government debt is over $1000 per family per year. Revenue up from $396.4 to $416.9 (24-24.2 % of GDP) Spending up $431.5 – $450.6 (26.1-2...

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Analysis: Abolishing Negative Gearing Will Hurt Lowest Earners Most

A new analysis by Michael Potter of the Centre for Independent Studies has revealed that the average benefit of negative gearing is considerably larger for low income earners, and reduces as income increases. In a statement made today, Mr Potter noted that: “Negative gearing abolitionists have been arguing the dollar impact of negative gearing is larger for the rich. However, this is the wrong approach. Many tax provisions provide greater dollar benefits to the rich, including the GST exemption for food, basic healthcare and water. Yet we hear no one arguing for ...

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Sen Leyonhjelm’s Pro-Taxpayer Alternative Budget

With both major parties committed to destructive tax hikes and a refusal to address the crippling overspending burdening the Australian economy, it was refreshing to see today Senator David Leyonhjelm (NSW-LDP) present an alternative budget. Senator Leyonhjelm's proposals will return the budget to surplus this year through returning per capita spending to Howard-era 2006-07 levels, and includes significant cuts to foreign aid, welfare, and climate change mitigation:   Writing in today's Australian Financial Review ($) where he explains the budget in ...

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Media Release: Unprecedented Assault on Democracy and Freedom of Political Communication.

  22 April 2016 Media Release: Unprecedented Assault on Democracy and Freedom of Political Communication. The Australian Taxpayers’ Alliance today condemned the Queensland government for an unconstitutional breach of freedom of political communication and an assault on representative democracy. This follows a statement by Queensland Legislative Assembly Speaker The Hon Peter Wellington that the QLD Parliament has blocked all emails in support of ridesharing from being delivered to Queensland MPs. “The unprecedented decision by the Queensland Legisl...

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Grattan Report: No Reason For Taxi Compensation

The advent of ride sharing services such as Uber who use new technologies to connect providers and consumers has been a boon to our economy. The creation of new employment opportunities and better choices for consumers is undeniable. A new report from the Grattan Institute recommends that all state governments should legalise ride sharing and set minimum safety requirements, remove restrictions on taxi licences (or cut their prices), deregulate pre-booked fares and adjust labour regulations to help realise the efficiency gains and employment growth potential of peer-t...

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The Biggest Event of 2016!

I am delighted to invite all ATA supporters attend the biggest and best event of 2016 - The 4th ALS Friedman Conference! Held in Sydney on May 13-15 at the award-winning Aerial Function Centre, the Friedman Conference is the largest free market conference in the Asia-Pacific Region tackling the biggest economic and policy challenges facing Australia. With over 300 participants, 8 international special guests, and 35 presenters from politics, business, universities, think tanks, and activist groups, this is one conference you do not wish to miss! Topics to be discus...

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We’re back!

We are delighted to announce that, after a relatively lengthy online absence due to a sophisticated hacking attempt on our server, we are back online! Thank you all for your patience with us during this time , and posts will be resuming shortly!

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The 2016 Annual Friedman Conference Has Arrived!

Remember to purchase your tickets for the greatest free market conference of the year in the Asia Pacific region! Hosted by the Australian Libertarian Society, the 2016 Conference will be held at the stylish Aerial function centre in Sydney on May 13-16.  Over 300 activists, thought leaders, business representatives, and political influencers will hear from some of the best speakers from not just Australia, but around the world. Conference speakers include North Korean escapee, human rights activist, and author Yeonmi-Park; former French Cabinet Minister Herve ...

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