Australia is now losing more to the illegal tobacco trade than it collects in tax revenue from legal sales, with shock new ...

Forecasts for tobacco excise revenue have downgraded by $1.6 billion for the 2026 financial year and $8.2b over the four ...

Australia needs to overhaul its “outdated” tax system, with the introduction of a controversial tax a key part of the change.

Forbes contributors publish independent expert analyses and insights. Andrew Leahey is an attorney and law professor that covers tax. The Australian Tax Office (ATO) recently conducted raids on a ...

The ATO’s crackdown on working-class individuals and small businesses is occurring amid a historic cost-of-living crisis.

Accounting body CPA Australia has expressed concerns about the potential impact of increasing the tax burden on the country's largest companies. The Productivity Commission suggests lowering the ...

Crypto traders in Australia are subject to business tax rules, while investors may benefit from a 50% capital gains tax discount if they hold assets for over 12 months. Capital gains tax (CGT) applies ...

An Aussie businessman has claimed there’s a “millionaire exodus” happening in Australia due to the high taxes citizens are ...