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Immigration, Border Protection, Foreign Affairs, Climate

The foreign aid budget gets a boost of $523 million between 2015/16 and 2016/17, reducing over the next year in 2017/18 by $426 million, before picking up again in the following years. This increase in foreign aid includes contributions to Asian Development Fund and the World Bank’s International Development Association, which are renewed commitments by …

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The future of the NDIS

The NDIS will complete its full national roll-out by 2019/20, with the government setting up the NDIS Savings Fund in order to be able to fully fund its implementation, as there is a projected shortfall of $4.4 billion from 2019/20 onwards, above the initial 0.5 percentage point increase in the Medicare levy to cover the …

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Movement on multinational tax

In a year where the Panama Papers shone a spotlight on the murky practices of large multinational companies and the ultra-rich, the Federal Budget has introduced its Tax Integrity Package as a means of addressing the growing problem of little to no tax being paid by the likes of Apple and Google. The package has …

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Small business, the favourite child of budget policy

Small- to medium-sized enterprises (SMEs) continue to be some of the key beneficiaries of the Federal Budget, with the 2016/17 instalment going further than had previously been expected. Prior to tonight, there had been an understanding that the rate of company tax faced by SMEs would be lowered as an extension of the policies introduced …

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