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This website is in imminent danger of being shut down. It has been online since 1995, but the personal circumstances of the owner, Malcolm Farnsworth, are such that economies have to be made. Server costs and suchlike have become prohibitive. At the urging of people online, I have agreed to see if Patreon provides a solution. More information is available at the Patreon website. If you are able to contribute even $1.00/month to keep the site running, please click the Patreon button below.

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Howard And Costello Offer Tax Cuts Package

On the first full day of the 2007 election campaign, the coalition has announced a tax package offering income tax reductions across the board.

A re-elected coalition government is proposing to reduce the number of tax brackets to four over a five-year period: 15, 30, 35 and 40 cents in the dollar. It proposes raising the tax-free threshold to $14,000 next year.

The tax cuts are worth more than $34 billion.

The aim of the restructure is to arrive at a tax-free threshold of $20,000 with the top marginal rate set at 40 cents. [Read more…]

Costello Delivers Howard Government’s 12th Budget

The Treasurer, Peter Costello, has delivered the 12th Budget of the Howard Government.

The budget will take the government through to this year’s election.

Text of the 2007-08 Federal Budget Speech, delivered to the House of Representatives, by the Treasurer, Peter Costello.

Mr Speaker, I move that the Bill now be read a second time. [Read more…]

Budget Gives Tax Cuts; Targets Education, Childcare, Aged, Environment

The Federal Government has brought down the Budget that will take it to this year’s election.

  • Listen to Peter Costello Deliver the 2007-08 Budget (31m)

The Treasurer, Peter Costello, delivering his 12th Budget, announced: [Read more…]