News

Ordinary Aussies, in a wide range of superannuation funds, will have their savings slashed by Labor’s franking credit tax – according to evidence provided by the Financial Services Council to a parliamentary inquiry examining Labor's proposal.           

What started off as a hit on individuals and self-managed funds has now been revealed as a massive grab across the board affecting millions more hard-working Australians who are saving for their retirement.

The Financial Review Reports the extent of Labor’s tax grab:

Mark Bouris is one of Australia’s best small business, into large business entrepreneurs. He’s done it not once but twice and on a national scale. Writing in the Daily Telegraph, Mark shares some interesting reflections on the policy impacts of Labor’s election policies, which with the mess in Canberra are escaping scrutiny.

There is no hiding the impact from these changes. We think Mark has a point ...

Mark Bouris: Why Bill Shorten’s policies are bad for business

Hard working Brickies, carpenters, plasterers, painters, sparkies and labourers will be among the hardest hit by Labor’s planned changes to negative gearing and capital gains tax.

Not only will house prices suffer (on top of the existing downturn in the market) and small investors slugged, but a new report has found that there will be up to 32,000 fewer construction industry jobs due to Bill Shorten and Labor’s tax hikes.

Babies born in Tasmania are set to be “genderless” on their official birth certificate, with moves likely to remove the specification of which sex they are from the official document.

There’s been a lot of discussion about the record swing that saw the NSW seat of Wentworth switch from one of the safest Liberal seats in the country to Independent, Dr Kerryn Phelps.

Certainly there were many factors at play. But one that seems to have escaped a great deal of scrutiny is the major role of GetUp and other left-leaning organisations in securing the result they wanted.

As the old saying goes: “if that’s the answer, it must have been a pretty stupid question”.

According to recent research from the Centre for Independent Studies, socialism has become fashionable. Even the esteemed Washington Post ran an article earlier this year with the headline “It’s time to give Socialism a try”.

Federal Labor looks set to head into the election, due next year, with plenty of cash to splash on their election promises, according to the Parliamentary Budget Office.

But where’s the money coming from? Sadly, its from you, me and future generations.

Every Australian household will pay up to $190 more each year to fund even more solar subsidies, a new analysis has found. This is on top of the massive subsidies that have already pushed electricity prices so high.

Yikes! That’s $190 that you could have in your pocket!

Australian software giant and massive success story, Atlassian, is questioning how employers focus on diversity in the workplace.

In an online article for Computerworld, Aubrey Blanche, Head of Diversity and Belonging at Atlassian explains:

“The words diversity and inclusion and the way we were thinking about those concepts were getting in the way,” she says.