Viewing articles in Portfolio:

Treasury

Filter Articles

RIP Barnaby's backpacker tax

Greens Treasury spokesperson, Senator Peter Whish-Wilson, announces the Greens position on the Government’s backpacker tax Bill.

Senator Whish-Wilson said “The Greens want backpackers to be taxed at the same rate as residents. However, we will support the cross-bench amendment to reduce the government’s 19% rate to 10.5%. With the Greens and Labor support of this amendment, the Bill will likely return to the House at a lower rate and the Government has said they will kill it.

Read more

Government’s problems with the backpacker tax are all of its own making

Greens Treasury spokesperson, Senator Peter Whish-Wilson, provides the following response to the government’s increasingly desperate attempts to save itself from self-imposed humiliation on its backpacker tax.

Senator Whish-Wilson said, “The spree of media releases from the government and agencies yesterday shows that they are making it up as they go along with the backpacker tax; desperately trying to shift the blame to anyone but themselves over the farce that they created.

Read more

Turnbull putting cart before horse on banking tribunal

Greens Treasury spokesperson, Senator Peter Whish-Wilson, provides the following comments on the Turnbull Government’s parliamentary committee probe into banking conduct and a possible banking tribunal.

“Following this week’s dog and pony show with bank CEOs, today’s move for a banking tribunal is just another distraction from the need for an independent “deep dive” review of our banking system, its regulations and the laws governing white collar crime, compensation, penalties and liquidation proceedings.

Read more