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1-10 results from 1000 for query «tax»

8 February 2018 12:25 AM Origin takes $700m bath on gas assets

Origin Energy has slashed the value of a major coal seam gas project in Queensland by more than $500 million as it drastically recasts its expectations for production. Origin told the ASX on Thursday morning that it would book a $355 million after-tax impairment on its Ironbark gas field and a further after-tax $173 million writedown on the Lattice business 11

5 February 2018 5:14 AM Politics Live: Parliament returns with citizenship, tax cuts at the fore

"We were, all of us, shocked and saddened, astonished, really, by Michael's Gordon death, on the weekend. He was gentle, he was wise. He was always calm in a business not known for calm," says Mr Turnbull. "A great man, a good man, great writer and mentor. In the maelstrom of a newsroom, as political stories broke and events moved and shifted, Mickey 29

2 February 2018 12:51 AM ATO bid abandoned after Les Bubbles company put into liquidation

The Australian Tax Office bid to wind up the company behind Damian Griffiths' Les Bubbles restaurant has been dismissed after the company went into liquidation on Thursday. The matter was heard briefly in The Federal Court in Brisbane on Friday where Registrar Katie Lynch dismissed a wind-up application filed by the ATO in November last year. Deloitte 12

2 February 2018 12:51 AM Markets Live: ASX turns losses to gains

Apple's revenue forecast for the second quarter was below market expectations, adding to concerns of a plateau in demand for its newer iPhones, including the anniversary edition iPhone X. The company forecast second-quarter revenue between $US60 billion and $US62 billion, while analysts on average were expecting $US65.73 billion, according to Thomson 32

31 January 2018 4:56 AM Watch live: Donald Trump's first State of the Union address

He moved from spruiking his tax cuts to talking about the price of prescription drugs, the country's failing infrastructure, the war on drugs and gangs, the opioid crisis, immigration, cutting aid to countries that don't support America and defeating North Korea. While the White House has promised that it would be a bipartisan speech calling for unity 27

26 January 2018 8:09 AM Cost of tax breaks soars on profits from sale of family homes

Government spending on tax breaks is set to hit a record $170 billion this year, largely as a result of an explosion in the value of concession for the family home. Treasury's Tax Expenditures Statement required under the Charter of Budget Honesty and released quietly after the close of business on Thursday puts the value of the exemption from capital 12 1

22 January 2018 8:58 PM 4 per cent of English drink almost 1/3 of England's alcohol

London: Just four per cent of the English population consume almost one-third of all the alcohol sold in England, according to healthcare data. The figures emerged during a debate on a 50 pence (87 Australian cents) minimum unit price on alcohol by a British parliamentary committee on Monday. Rosanna O'Connor, director of Alcohol, Drugs and Tobacco at Public 15

10 January 2018 10:14 PM Markets Live: ASX set to extend losses

Wall Street's major indexes fell on Wednesday, stalling the rally that marked the start of 2018, after a report that China is considering slowing its purchases of US government debt. "We've had a tremendous run, mostly unabated since Trump's election in 2016 and with no volatility. If we do see a pullback, that's going to be a buying opportunity," said Michael 93

18 December 2017 6:51 AM MYEFO: More money, but nowhere near enough to fund tax cuts

Scott Morrison wants you believe the budget's strong enough to fund tax cuts. The aim is to "deliver sustainable budget surpluses, building to at least 1 per cent of GDP, as soon as possible, consistent with the medium-term fiscal strategy". That's a surplus of 1 per cent of gross domestic product, as soon as possible, consistent with quality spending 52 1

15 December 2017 3:00 AM The Greens' simple way to lift wages: pay public servants more

The Australian Greens want to lift Australia out of its wages slump in the most straightforward way possible. They want to pay public servants more. Greens treasury spokesman Peter Whish-Wilson has asked the Parliamentary Budget Office to lift public service public service wages by 4 per cent per annum. The increase would apply only to non-executive 53 1