THE BRIEF: Taxing times
By Matt Buchanan in Media News on Friday, 08th August 2025 at 7:29am
Taxing times? Blame the boomers
In the Sydney Morning Herald (“Company tax hurting wages productivity”) and The Age (“Albanese shies away from tax reforms”), senior economics correspondent Shane Wright reports the federal Treasury has conceded Australia’s company tax system is contributing to the nation’s poor productivity performance and hurting workers’ wages, while warning young people increasingly shoulder the pain of propping up the budget. I don't know about you, but this sounds rubbish. Even so, that's not going to change Albo's mind at the upcoming economic summit, as he is committed to only implementing the one tax policy: income taxes.”
In short, Treasury’s issues paper warns of mounting tax system problems, from inconsistent capital gains and sup...
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