Tag: Treasury

RDTI claims growing, expected to cost extra $2.1bn by 2027

Posted on   |  by Brandon How
The Research and Development Tax Incentive is expected to cost an additional $2.1 billion over the next four years in part due to growing artificial intelligence claims, according to...

Govt to take time on PwC-inspired consultancy crackdown

Posted on   |  by Joseph Brookes
The Albanese government has outlined a response to the PwC scandal that will focus on tax agents while wider changes for the consulting sector are considered. But experts say...

Govt mum on $15bn NRF investment return

Posted on   |  by Justin Hendry
The Albanese government remains tight lipped on the target rate of return for its $15 billion National Reconstruction Fund, despite an interim figure surfacing ahead of the introduction of...

Ex-Service NSW boss to lead review of business register overhaul

Posted on   |  by Justin Hendry
Former Service NSW chief executive Damon Rees will lead the federal government’s independent review of the modernising business registers program, which Treasury estimates will cost $1 billion more than...

Treasury secretary shoots down NRF inflation fears

Posted on   |  by Joseph Brookes
Treasury secretary Steven Kennedy on Wednesday quelled fears the Albanese government’s $45 billion in off budget spending would add to aggregate demand, saying he does not think the funds...

Govt mulls widening of Big Tech news code

Posted on   |  by Justin Hendry
A review of Australia’s media bargaining code has recommended the government investigate extending it to digital platforms other than Google and Facebook, and verify the value of the deals it...

Data quality issues holding back CDR scheme: report

Posted on   |  by Brandon How
A more deliberate effort to maintain good data quality in the Consumer Data Right (CDR) scheme must be taken to increase participation and present a viable alternative to screen...

Productivity to flow from tech skills uplift: Chalmers

Posted on   |  by Brandon How
As the Jobs and Skills summit kicks off, Treasurer Jim Chalmers has urged attendees to focus on boosting Australia’s productivity, saying it “flows from investing in our people and...