In his Budget Reply 2015 on 14 May 2015 to the House of Representatives the Hon Bill Shorten MP, Leader of the Opposition, made three references to housing. The first was to a " $100 million cut from indigenous housing." The second was that "The Commonwealth must use its fiscal horsepower to work with the States and private investors to provide more affordable housing and to develop our cities and towns." The third comment was on the need for "better social housing."
The Community Housing Federation of Australia (CHFA) has issued a 2015 - 16 Federal Busget Briefing. the briefing notes, inter alia, that $1.1 billion has been allocated to a Remote Indigenous Housing Strategy and that the National Partnership Agreement on Homelessness has received a two year funding extension until 2016 - 17 but this is not indexed - a real loss of $12.58 million. The previous capital and research component ($44m/year) had already been removed.
Download the full briefing note: http://chfa.com.au/resources/chfa-2015-16-federal-budget-briefing
Visit the CHFA web site: http://chfa.com.au
The Honourable J. B. Hockey, MP, Treasurer of the Commonwealth of Australia has urged us all to get out there and have a go.
According to the Government in 2015 - 2016 the Australian Government will spend $154 billion on welfare - around 35% of total Government expenditure.
The Government is proposing to "strengthen the integrity" of the welfare system "to ensure it remains fair and sustainable" through such measures as a new welfare payments system, a strong welfare cop on the beat, more streanlined and cost-effective income management, a new model Financial Wellbeing and Capability service and a new Investment Approach to welfare.
In Re:Think Tax Discussion Paper (March 2015) the Commonwealth Government has released a tax discussion paper which argues that Australia has a relatively high reliance on income taxes - higher than nearly all other developed countries and most of Australia's Asian competitors. It argues that of tax revenue 39% is from personal income tax and 19% from company tax. It notes that a dozen companies pay around one third of Australia's company taxes. The slogan to promote the discussion paper id Better Tax - Lower, simpler, fairer.
The discussion paper argues that comprehensive tax reform may have the potential to lift Australia's gross domestic product and a better tax system would deliver lower, simpler and fairer taxes. It argues that Australians want everyone to pay their fair share of taxes and that "Ideally, the tax system strikes a balance between raising enough revenue to fund public services while maintaining reward for effort and providing incentives to work and innovate."
Chapter 7 of the discussion paper examines the not-for-profit sector and asks whether tax arrangements for the sector are appropriate and whether they create a competitive advantage compared to tax arrangements for the for-profit sector.
On 30 March 2015 the Australian Council of Social Service welcomed a dialogue on tax reform, warned against tacx avoidance, argued the need to strengthen the fairest taxes and that tax reform should not be reduced to arguments about increasing the Goods and Services Tax (GST). On 30 March 2015 the Labor Party rejected any changes to the GST but said that it was open to reforming taxation concessions.
The discussion paper will be followed by a green paper later this year and a white paper next year. Submissions on the discussion paper are due by Monday 1`June 2015.
To dowload the discussion paper and make a submission: