- The Australian Federal Election will be held on 18 May 2019
- Find out more about the policy advocacy CA ANZ is doing in the lead up to the election
- Your one stop shop for identifying the tax and superannuation policies which may impact your clients and your business
Chartered Accountants Australia and New Zealand (CA ANZ) is continuing to advocate on behalf of members and the profession with the Government and the Opposition in the lead up to the Australian Federal Election on 18 May 2019, with a focus on tax and superannuation issues.
We have also prepared a detailed summary of the Australian Labor Party (Labor), Liberal Party of Australia (Liberal) and the Australian Greens' tax and superannuation policies ahead of the election.
Letter for your clients
A letter for members to use with their clients outlining policy arguments against Labor’s proposed $3,000 cap on deductions for managing tax affairs.Click here
The Policy Platforms
The major parties have published their policy platforms across tax, superannuation and other key areas. Are you aware of the policies which may impact your clients, your business and your environment?
The Coalition government has made a string of announcements this year in the lead up to and including the Federal Budget handed down on 2 April 2019.
The announcements mainly relate to easing tax on low-middle income earners and making life easier for small business.
One of the government's announcements has already become law – the increase in the instant asset write-off threshold from Budget night to $30,000 and extension to businesses with a turnover of less than $50 million.
Labor has an ambitious tax and superannuation reform agenda which it has published in stages over recent years.
Labor modelling suggests that most of the revenue raising measures impacting individuals will affect mainly high income earners, a claim which the Coalition contests in policy areas such as negative gearing and franking credit refunds.
Australian Greens' Policies
The Greens' economic plan is centred on the proposition that a strong economy is a sustainable economy, built on a healthy environment.
It is also based on the philosophies that our nation's wealth is determined by the shape, not just the size, of our economy, and that the needs of the people should drive the economy, not the economy prevailing over the needs of the people.
Commentary and Opinion
- Cashed-up Coalition aims to entice voters
- Chartered Accountants ANZ welcomes adoption of advocated super policy
- Federal Budget measures impacting the accounting profession
- Super contribution reforms for older workers confirmed – no April Fool’s joke!
- Government accepts Chartered Accountants ANZ recommendation on actuarial certificates
- More funding for regulators after Hayne Royal Commission
- Labor's proposed limitation on negative gearing deductions for real estate
- Media release: Chartered Accountants ANZ set record straight after Opposition Leaders ABC interview
- The Australian: Battle begins for voters' hip pockets
- Your Money: Should accounting fees be tax-deductible?
- Accountants Daily: 'Bottom of political barrel': Profession slams Labor's attack on accountants 'rort'
- Australian Financial Review: Unrequited love as accountants go to war with Shorten over $3000 cap
- Money Management: We're not rorters say accountants
- Self Managed Super Magazine: Accountants slam Shorten over deduction 'rort' remark
- SMSF Adviser: Bill Shorten cops heat over attack on deductions for tax affairs
- 2GB Money News with Ross Greenwood: Interview with Michael Croker
Strategic Tax Planning Day
Join us at our upcoming Strategic Tax Planning Day, to take a deep-dive look into the tax implications that could arise from the Federal Election and hear CA ANZ's senior leader's official response to the budget.Find out more
2019 Australian Federal Budget
Taxes will be a key battleground in the federal election with the Budget proposing deep cuts to personal income tax.Read More