Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MORETax mix to rely more heavily on income tax as the Treasurer ducks austerity
The Australian economy is predicted to grow “slower than previously thought” over the next 40 years, as the nation grapples with a tax mix that relies heavily on income tax despite an ageing population.
The federal government on Monday released its 2021 Intergenerational Report (IGR), the fifth of its kind, which forecast slowed growth for the Australian economy over the next 40 years as Australia’s population ages, and puts pressure on federal deficit repayment.
Read more at the Accountants Daily.
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