Rising costs and global uncertainty may force chancellor to turn to pensioners and wealthier taxpayers
Ministers may have to target pensioners and wealthier taxpayers at the autumn budget, as senior government figures voiced fears brutal welfare reforms would still not go far enough to tackle rising costs.
The Institute for Fiscal Studies warned the chancellor may be forced to consider a freeze on tax thresholds, hikes to capital gains and potentially pension taxes.
Continue reading...Campaigners in gallery shout ‘Lords out, people in’ and drop leaflets into the chamber
Nigel Farage, the Reform UK leader, has defended politicians who get involved in entertainment TV.
In an article for the Daily Telegraph, he hit back at Kemi Badenoch, who used an interview with the paper earlier this week to dismiss Farage as just a reality TV phenomenon.
Having appeal doesn’t mean that people want you running their lives. That’s one of the things that we need to make sure that we remind people.
This isn’t I’m A Celebrity or Strictly Come Dancing. You don’t vote for the person that you’re enjoying watching and then switch off when the show’s over.
Anyway, it’s not as though I’m the first politician to have been prominent in the media. Ronald Reagan combined his early political activities with a film and TV career for 20 years, until the 1960s. When he announced in the 1970s that he wanted to become the US President, everybody said he was a B-Movie actor who stood no chance. These days, American conservatives look back on this two-term leader with a slight sense of awe in terms of his achievements.
And what about Donald Trump? He was a well-known New York property developer from the 1970s onwards but it was his massive success with the reality to show The Apprentice from 2004 that put him in a position where he could win the nomination for the Republican Party.
Kemi Badenoch has a problem. Most members of the public have no opinion of her. Even fewer know what she stands for. I have an idea for her. She could appear on a reality TV show herself. A spell in the I’m a Celebrity… jungle would be perfect. I’ll gladly give her some tips if she wants to sign up for the next series.
Continue reading...Levies on tourists and cruise ships considered by some local authorities in attempt to plug funding gaps
Council tax costs in Scotland will hit record levels next month after local authorities agreed to raise rates by up to 15%, with some planning new levies on tourists and cruise ships.
All of Scotland’s 32 local authorities have announced council tax increases from April of at least 6%, with the majority raising them by about 10%, after years of successive cuts to their grant funding.
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Why should Australia trust president Donald Trump, given how he’s treated Ukraine’s president at the Oval Office? Richard Marles said the government’s focus was on supporting Ukraine:
That’s where Australia lies. That’s the decision that we have to make. And Ukraine can absolutely rely on Australia’s ongoing support in their defence, and we will work with international partners.
We’ve obviously worked with the United States over the last three years, and we’ll continue to do that, but we’ve worked with the United Kingdom, and we’ll continue to do that as well, and with European partners, and look at the best way in which we can provide support.
We have established a timeline with [the] Ukrainian government about the delivery of those tanks to Ukraine. Now, for operational reasons, won’t go into the detail of that timeline.
Continue reading...UK food producers plan more protests over inheritance tax changes ahead of this week’s NFU conference in London
The suits and black cabs which typically dot the streets around Westminster have been frequently replaced by the wellies, tweed jackets and tractors of aggrieved farmers of late. The next protest in London by the nation’s food producers is expected on Tuesday morning, ahead of the annual get-together of the National Farmers’ Union (NFU).
Farmers have regularly swapped their fields for the city since October, when changes to inheritance tax (IHT) for agricultural businesses were announced by the chancellor, Rachel Reeves, angrily protesting and waving banners.
Continue reading...Ken Henry made comments at a tax summit in Melbourne, arguing fiscal drag is seeing taxes go up while real incomes fall
Recent governments have carried out “wilful acts of bastardry” and created intergenerational inequality and environmental destruction that will leave younger voters worse off, the former Treasury secretary Ken Henry has said, urging tweaks to Australia’s tax system to bridge the growing divide.
Henry, who worked under both the Howard and Rudd governments, used a speech at the Per Capita tax summit in Melbourne on Thursday morning to argue the country’s tax settings since the Howard government have fuelled inequality and left further generations and young workers “to pick up the tab”.
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Continue reading...Resolution Foundation report says failure to reform has ‘slowly recreated the issues that undid the poll tax’
Britain’s poorest households are paying an increasing share of their income on council tax, according to new analysis that likened it to the poll tax that contributed to the downfall of Margaret Thatcher.
The poorest fifth of households paid 4.8% of their income on council tax in England, Wales and Scotland and on domestic rates in Northern Ireland in the 2020-21 financial year, up from 2.9% in 2002-3, according to research by the Resolution Foundation.
Continue reading...Economist argues GST is not protectionist and should not attract any new levy from the US but concern remains for steel industry
US president Donald Trump has threatened “reciprocal tariffs” on US trade partners in retaliation for some domestic taxes, such as value-added taxes, sparking concerns Australia could be targeted.
But economists have argued Australia’s value-added tax – the goods and services tax, which is applied to imported and domestically sourced goods and services identically – is not protectionist, and so could escape retaliation from the US.
Continue reading...Businesses pay hundreds of millions of pounds more and losing trust in HMRC, reports National Audit Office
An increasingly complex tax system is burdening the government and businesses with hundreds of millions of pounds more in administration costs, Whitehall’s spending watchdog has warned.
The report by the National Audit Office (NAO) also said “poor levels of service” meant some taxpayers and their representatives were “finding it more difficult to deal with their tax matters and are losing trust in HM Revenue & Customs [HMRC]”.
Continue reading...Costings commissioned by Jim Chalmers suggest policy at risk of being ‘rorted’ could cost up to $10bn a year
The Coalition’s policy for tax-deductible business lunches would cost between $1.6bn and $10bn a year, the Labor government claims, according to costings Jim Chalmers commissioned from his Treasury department.
The treasurer claimed the policy was at risk of being “rorted” by businesses claiming personal food expenses, adding further to confusion about the Coalition’s contentious meals and entertainment policy.
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Continue reading...The federal health minister cited data showing vape use among young Australians has significantly reduced meaning new laws are working. Follow today’s news live
Cyclone threat looms in northern Australia as drenched region braces for yet more rain
North Queensland is on cyclone watch with three tropical lows given a chance of developing in the coming days, bringing heavy rain that has flooded roads and homes.
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Labor adds homelessness focus to disability strategy
Australians with disabilities experiencing homelessness will be prioritised as the government commits to disability reforms, months after a scathing royal commission into the sector, AAP reports.
For the first time, they also include a number of national actions that all governments will work on together, with the disability community, to ensure people with disability right across Australia experience the benefits.
Some students, especially those in our cities, can see a career in agriculture as something that’s only for those who live in the regions or for those whose family own land that can be used to operate an agribusiness.
AgConnections aims to break down these misconceptions and build on the diversity of the industry, by highlighting and encouraging women and Indigenous Australians wanting to pursue a career in agriculture.
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AFP warns parents over rise in AI-generated child abuse material
There has been an increase in the use of AI-generated child abuse material in the past year, including students creating material like deepfakes to harass or embarrass classmates, the Australian Centre to Counter Child Exploitation has said.
Children and young people are curious by nature, however, anything that depicts the abuse of someone under the age of 18 – whether that’s videos, images, drawings or stories – is child abuse material, irrespective of whether it is ‘real’ or not.
The AFP encourages all parents and guardians to have open and honest conversations with their child on this topic, particularly as AI technology continues to become increasingly accessible and integrated into platforms and products.
As a society, I think that it demonstrates the need for us to place a high value collectively on a civil political discourse, rather than an extreme one.
I wasn’t surprised to learn that of the 16 arrests, only one person was from South Australia and the rest were scattered from all over the country and for whatever reason, decided to convene in Adelaide.
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The anti-fracking group Lock the Gate Alliance has launched a legal challenge to a Northern Territory government decision to approve another gas exploration project in the Beetaloo basin.
The case in the territory’s civil and administrative tribunal is challenging the merits of the government’s approval of the environment management plan for Empire Energy’s “Larrimah” exploration project.
Our robust regulation of the onshore petroleum industry is informed by the best available science. As the project is before the NT Civil and Administrative Tribunal, it would be premature to make any further comment on the matter.
For too long, vice-chancellors and senior executives have escaped any real accountability for some of the terrible decisions that have damaged our public universities. An inquiry would be a golden opportunity to get to the bottom of what’s allowing the wage theft epidemic, rampant casualisation and a raft of other serious problems to flourish in our sector.
This is the path to lasting reform that will ensure staff can deliver the world-class teaching and research our students and community deserve.
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Asked about the future of the weekly pro-Palestinian protests across Australia, Malarndirri McCarthy said as long as they are respectful and peaceful, “they are part of our democratic way”.
It’s interesting, isn’t it? I mean, we are a democracy. Whatever the rally or protest is, we enable that. We allow that so long as it’s peaceful and respectful.
Police across every jurisdiction in the country know they have to be prepared. Rally organisers, whoever they may be, also know they need to consult to be able to have access to those streets. Come on, let’s be mindful that these rallies, so long as they are held in a respectful manner, in a peaceful manner, they are part of our democratic way.
I think when I look at the polls, Karl – and I think I’ve talked to you about this over the years, you know, when we went into the 2019 election – every poll said we were going to win. The reality is, you have to work every single day right up – and the only poll that does really count, and I believe that especially after that loss, is the one on election day.
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Watt defends government response to antisemitism as ‘very strong’
Asked if the federal government has been going enough to combat antisemitism, Murray Watt said it had responded “very strongly here”.
Unfortunately, there are some people in the community who are engaging is disgusting behaviour and the AFP and state police have demonstrated they will be caught and go to jail, which is where they belong.
I [will] leave it to the AFP to confirm some of the details about this, but I think this demonstrates exactly how far our police authorities are going to try to crack down on the shocking behaviour …
[The number of arrests made] sends a really clear message from the whole community that there is no tolerance that this kind of hate, and you will be caught if you do these kind of disgusting attacks.
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The foreign affairs minister, Penny Wong, says it was a “privilege and honour” to be the first Australian foreign minister to “be invited and to attend an inauguration on behalf of our country”.
She spoke with the Today show from Washington DC, where she attended Donald Trump’s inauguration.
My message here in Washington to those I meet is to point out the reality of the economic relationship between Australia and the United States, that there is a surplus in America’s favour. There has been for decades. In fact, it’s about two to one. And of those exports from Australia that come here, about half of them go into the US production.
As we know, the Wall Street Journal is obviously reporting, now [Trump is] going to review the trade situation and then look at what sort of tariff changes need to be made.
We need to make sure that our foreign affairs ministry, our trade minister and our ambassador are deeply engaged in that review process to make sure our national interest is upheld.
Continue reading...Financial analysis shows clubs took $2.1bn in gambling revenue over 10-year period but spent 12 times more on business expenses than support programs
Only 1.5% of the money lost by gamblers in poker machines in Victorian RSLs over several years went towards improving veteran welfare, new research shows.
The study, published in the Australian and New Zealand Journal of Public Health, analysed records submitted to the Victorian Gambling and Casino Control Commission over a 10-year period.
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Continue reading...First charge by AFP’s Special Operation Avalite established in December. Follow today’s news headlines live
Richard Marles will become the first minister to visit Kiribati in almost two years, AAP reports.
The deputy prime minister and defence minister is travelling to Kiribati for high-level talks with the nation’s re-elected government, which closed its country’s borders in 2024 while national elections were held.
Continue reading...‘Passengers should expect delays, service cancellations and large service gaps’ across Sydney today, NSW TrainLink warns. Follow today’s news live
Wong ‘absolutely confident’ government can work with Trump as US president
Moving to another topic, Penny Wong was asked about her invite to Donald Trump’s inauguration in the US, and responded:
Donald Trump has been elected President of the United States, and I’m honoured, on behalf of the country, to have been invited to his inauguration.
This includes humane treatment and the right to a fair trial. So that is their obligation, [and] we will look at the facts when they have been ascertained.
But I want to be clear, all options are on the table. Those options include expelling the ambassador and recalling Australia’s ambassador in Russia … I need, as the foreign minister, to identify and ascertain the facts beforehand.
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