Budget 2016: OAIC escapes axe
The government has backed down on its attempt to axe the Office of the Australian Information Commissioner.
The government has backed down on its attempt to axe the Office of the Australian Information Commissioner.
Barring disaster, this year’s federal budget will mark the final government injection of capital into NBN, with $8.8 billion earmarked for the National Broadband Network rollout.
The government will extend the GST to cover all overseas purchases in a measure that will capture sales from large online retailers such as Amazon.com.
The federal government has unveiled a new crackdown on profit shifting by multinational companies attempting to lower their tax bills in a measure commentators have dubbed a ‘Google tax’ (perhaps unfairly given the search giant changed the way it is booking Australian revenue before the new measure was announced.).