australia tax

  • Negative Gearing Tax Policy: How It Works (And Why It’s Unfair)

    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…


  • How Much Does The iPhone 6 Cost Across The World?

    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.


  • Australians Are Being Ripped Off On Prescription Drugs

    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.