News & Analysis

Why taxing electric vehicles is an important next step in government policy

- November 30, 2020 4 MIN READ

The South Australian and Victorian governments have announced, and New South Wales is considering, road user charges on electric vehicles. This policy has drawn scorn from environmental advocates and motor vehicle lobbyists who fear it will slow the uptake of less-polluting vehicles. But, from a longer-term transport policy perspective, a distance-based road user charge on… Read more »

News & Analysis

One of the internet’s inventors backs Google in its fight over paying Australian media for news

- November 26, 2020 2 MIN READ

US tech pioneer Vint Cerf, the man dubbed “father of the internet” for his work co-designing TCP/IP protocols, has backed his employer, Google, in its fight against the Australian government’s plans to make tech giants Google and Facebook pay media companies for using their content. Cerf, who has worked for Google as a vice president and… Read more »

News & Analysis

Victoria’s budget has $186 million for startups, including $10m for angel investment in female founders

- November 24, 2020 4 MIN READ

Female startup founders in Victoria will have access to $10 million in angel investment under a new fund announced in the state budget today. Treasurer Tim Pallas allocated $10 million towards the Women Founders Angel Sidecar Fund while hoping it will unlock a further $30 million in private sector equity. The funds are part of… Read more »

News & Analysis

The Australian video game industry’s push for a 30% tax offset just landed another powerful ally

- November 19, 2020 3 MIN READ

Video game production is worth around $250 billion annually, but Australia’s slice of that pie is tiny – just $114 million.  It’s so paltry New Zealand’s games industry generates more revenue, while the UK and Canadian game development industries are 10 times bigger than Australia’s. The local sector believes it can easily become a $1… Read more »

News & Analysis

The NSW government is shouting you lunch as it cuts payroll tax for business and flags stamp duty changes

- November 17, 2020 3 MIN READ

The NSW budget is shouting the state a $250 million lunch, even as the 2021 financial year will post an historic  $16 billion deficit as Treasurer Dominic Perrottet grapples with the impact of Covid-19 on Australia’s most populous state. The FY20 deficit was $6.9 billion. It will take until 2025 before the NSW budget is back… Read more »

News & Analysis

After winning the US Presidential election Joe Biden now has to fight the one thing Americans agree on: the nation’s deep division

- November 8, 2020 4 MIN READ

A timeless tradition in political journalism is trying to find a narrative that explains an electoral outcome. A widely accepted narrative to explain Barack Obama’s win over John McCain in 2008 was that Americans wanted to embrace the “change” candidate who appeared the most dissimilar to then-President George W Bush. The narrative four years later… Read more »

News & Analysis

Communications Minister Paul Fletcher has compared the ALP’s original NBN plan to Soviet-era tractor production

- October 28, 2020 3 MIN READ

Paul Fletcher, the federal communications minister in charge of the $55.5 billion national broadband rollout, has evoked tractor production under the Soviets to defend the Coalition government’s seven-year handling of the NBN roll-out. In a speech to the CommsDay Summit yesterday, Fletcher evoked the spectre of “those apocryphal Japanese soldiers found in remote jungles in… Read more »

News & Analysis

7 charts that explain the 2020 Australian budget

- October 7, 2020 < 1 MIN READ

The budget deficit is projected to hit $213.6 billion, a record 11% of GDP, before winding back: Instead of falling, as predicted in the last budget, debt will climb: There’s spending and tax cuts a plenty: It’s expected to bring about a bounce-back in economic growth: But much depends on the assumptions, including a return… Read more »

News & Analysis

Budget 2020 has a $37 billion boost for business

- October 6, 2020 4 MIN READ

Tax cuts aren’t the half of it. The personal income tax cuts promised in the budget will cost A$17.8 billion over four years. The measures aimed at supporting businesses – the temporary instant tax write off of capital investments, the temporary ability to use losses to reduce previous tax payments, the JobMaker hiring credit and… Read more »

News & Analysis

Budget 2020: Treasurer says ‘we have your back’ as income tax cuts kick in early

- October 6, 2020 4 MIN READ

Accelerated tax cuts, cash splashes for pensioners, massive incentives for business to invest and a subsidy to hire unemployed people are the centrepieces of the Morrison government’s COVID-19 budget. More than 11 million taxpayers will get a tax cut backdated to July 1, giving lower and middle-income earners tax relief this financial year of up… Read more »

News & Analysis

Space and resources tech are among six focus areas for the Australian government’s $1.5 billion manufacturing reboot

- October 1, 2020 4 MIN READ

The federal government is selecting six priority areas for support in a $1.5 billion manufacturing plan Scott Morrison will outline in a pre-budget address. They are resources technology and critical minerals processing, food and beverage, medical products, recycling and clean energy, defence, and space. The plan will also focus on building “supply chain resilience” after… Read more »