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KhunHeineken

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  1. No updates, thus far. I have contacted my accountant and asked them to inform me if they hear anything. The Tax Institute has "broadly welcomed the Government's willingness to reform the rules." https://www.taxinstitute.com.au/insights/articles/our-submission-on-the-proposed-changes-to-the-individual-tax-res
  2. Aussies might find this article interesting, and disturbing. Some eye watering figures. https://www.smh.com.au/politics/federal/australia-drives-up-debt-to-menzian-levels-with-no-end-in-sight-20211228-p59kg1.html I can only imagine what new taxes and cost cutting awaits the present generation, and many generations to come. With a country of only 25 million people, having only around 12 million people in the workforce, it will take generations to pay back the debt. How could a country with such an abundance of resources be so mismanaged, for so long?
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