Australia has always been unwilling to consider changes to the Goods and Services Tax, but now, in the middle of a pandemic, we could celebrate the GST’s 20th birthday with changes – or even a GST holiday.
Experts are currently debating whether Australia should pursue its current suppression strategy, or switch to an elimination strategy instead. But how different are the two?
Businesses facing pressing issues like COVID-19 and climate change need to innovate, and so do business schools, say experts drawn from industry and research.
The advice on wearing masks in public has just changed in Australia. Here are your options if you live in Melbourne or other areas with high rates of community transmission.
To control the COVID-19 pandemic through random testing would require about 6.5 million test a day. Using group testing and machine learning could get that number down to fewer than 40,000 day.
Even as Victoria confronts a six-week shutdown in response to emerging coronavirus cases, other states are reopening. Policy responses must reflect the needs of the most vulnerable, say UNSW Business School’s Leisa Sargent and John Piggott.
The best option is for infected people to be admitted to hospitals or other suitable health facilities. This will help prevent transmission within families.
As Melbourne returns to lockdown, the evidence suggests routine mask-wearing - as seen in many countries but not so far in Australia - could be a valuable tool to help stop the spread of COVID-19.
Claiming for working for home is fraught. It's safest to claim the running expenses the tax office allows. 'Occupancy expenses' are harder to justify and could cost you your capital gains tax discount.
