The old subject of whether Aussies are paying too much for their tech rears its head whenever a new, expensive product hits the market. And I've been seeing a few people already complaining that Apple is charging their so called "Australia tax" here, bumping the price up on the new iPhones that were announced yesterday. So, are we being fleeced by Apple?
Tagged With australia tax
On June 5, Adobe is jacking up its Creative Cloud (CC) software prices by a whopping 25 per cent. A 12-month subscription to the CC suite will now set you back $869.85 - compared to today's asking price of $695.88. In other words, if you plan to sign up to Adobe or renew an existing subscription, do it before June 5.
We have some bad news for Photoshop, Premiere and Creative Cloud users. Next month, Adobe will start charging GST on all products and subscription services in accordance with Australia tax laws. That's right -- the worst offender of the 'Australia Tax' now has an actual Australia tax. Here's what you need to know, including a list of revised pricing.
The internet is abuzz with discussions about the profit margin on Apple's iPhone 7 after UK-based analyst firm HIS Markit did a teardown on the cost of the materials used to make the handset. So the total cost of parts for the iPhone 7 comes in at under $300 and the retail price for the device starts at $1079 in Australia. People seem to think that Apple is pocketing over $800 in profit for the sale of every handset. Nope. Not even close.
Doing your own taxes has never been easier, with the ATO's Online Tax Return taking less than 15 minutes to complete on average. However, it's important to know how expenses work and what can and can't be claimed prior to filing your tax return. This multiple-choice questionnaire from the Australian Taxation Office is designed to test your knowledge on the subject. How many did you get right?
Australian Treasurer Joe Hockey last week announced that the existing GST exemption for low-value imports would be removed, starting July 1, 2017 at the latest. Non-resident companies will be expected to collect and remit the GST to the ATO. But will such a system work in practice? Here are three sizable holes in the government's plan.
Negative gearing is a very controversial issue. The latest round of debate stems from the Reserve Bank's submission to the House of Representative Standing Committee on Economics regarding the enquiry into home ownership. The Bank believed that "there is a case for reviewing negative gearing". According to some, it's a patently unfair tax policy. Here's why.
In Australia we like to whinge about the cost of smartphones because of the 'Australia tax', but how do we rank compared to other countries? A new study comparing the costs of goods and services around the world includes a ranking of what you'll pay to buy an iPhone 6 outright.
Consumer watchdog CHOICE has launched a fresh investigation into local video game pricing. In a verdict that will surprise no one, it found that we're still paying artificially high prices compared to the US, with some PS4 titles receiving markups of nearly 50 per cent. Here's a look at some of the worst offenders.
Australians pay almost 16 times more for prescription drugs than other developed countries, according to the latest report from policy think tank the Grattan Institute. The authors of the paper blame this pricing disparity on the way our government sets prices, with vested interests often influencing price negotiations.
We've praised Apple in the past for generally not imposing a major "Australia tax" on hardware purchases, but we can't do that with the new cylindrical Mac Pro. Buying this in Australia adds a massive $600 extra to the price tag.
Dear Lifehacker, I was so excited about the announcement of the new Xbox One and PS4 at E3 on Tuesday and even happier when they mentioned the price. This excitement soon died when I released EB Games had priced the Xbox One for $100 more and the PS4 for $150 more than the announced price at E3. Why do us poor Australians pay such a large markup ? Are they overcharging? Thanks, Console Me
After the Australian government issued legal notices to Adobe, Apple and Microsoft yesterday to quiz them over gouging Australians, one of the major vendors in question has chosen to surrender. According to a statement, Adobe will drop some prices in Australia after years of gouging.