Month: November 2026

In October 2026, the ATO finally told us how much tax it reckons Australia came up short in 2023/24. Its estimate was $72.7 billion with small business income tax accounting for around $36 billion. Add the income tax gap for individuals outside business and the national GST gap to that and those three account for…

With yesterday’s rate rise, the cash rate is back at a level we last saw in 2008. Of all the things we could have brought back, we chose expensive borrowing. Would have been nice to get the house prices from back then as well but we are only bringing back the part where you pay…