The Australian government's annual budget includes a change to the Capital Gains Tax (CGT) discount that now applies broadly to all capital gains, affecting small businesses and the venture capital se...

The Australian government has introduced the Working Tax Offset (WTO), which provides a $250 reduction for individuals paying income tax on a wage.

The recent Australian budget has stabilized the government deficit and its size as a share of GDP.

The Australian government is investing in its Treasury department to reform the Foreign Investment Review Board (FIRB) approval process, aiming for a maximum 30-day turnaround.