Politics & the Economy

ATO dissects business tax take

Less than 1 per cent of businesses paid half of Australia’s corporate tax take in the year to June 2016, according to ATO data, while the financial services and resources industries were the biggest contributors.

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Crackdown on rorters taking ATO for ride

ERA tightening to reduce power price pressure

State-owned Western Power will need to trim operating costs by about $100 million more than planned over the next five years under the Economic Regulation Authority’s latest draft access arrangements released last night.

Government pledges extra $24m to grain R&D

The state government has announced an additional $24 million in funding for grain industry research and development, taking the total figure to $45 million over the next four years.

WA facing Fed by-election after MP resigns

Labor MP Tim Hammond has announced his resignation from federal parliament due to the job's toll on his family, with Labor's state secretary Patrick Gorman tipped to be the party's candidate at the upcoming by-election in the seat of Perth.

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US extends tariff exemptions

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Wesfarmers faces exec shake-up

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Budget can afford $8b in tax cuts

Big changes for WA landfill, waste projects

Two giant waste-to-energy projects planned for Kwinana and Rockingham could gain extra financial backing after the federal government unveiled a raft of policy initiatives to address problems flowing from China’s new restrictions on accepting foreign waste.

$400m water project to boost South West

An ambitious water supply project in Western Australia's South West is set to proceed after gaining federal government backing, with Collie Water chairman Peter Fogarty saying he was well advanced in securing private investors to complete funding.

$3.2bn federal funding for WA

Prime Minister Malcolm Turnbull has today announced $3.2 billion of federal government funding for Western Australian infrastructure projects ahead of next month’s budget, however, there is still uncertainty around the timing of a number of those projects.

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PM’s big WA spend

Deeks chosen to boost WA trade

The state government has appointed Civmec defence general manager Mike Deeks as its new London-based agent general for Western Australia.

Two additions to Horizon Power board

The state government has appointed Stephen Edwell chair of Horizon Power, and added Kylie Chamberlain to the utility’s board.

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GST-linked spending blitz to shore up seats

Power to lead City of Perth inquiry

The state government has appointed Francis Burt Chambers lawyer Tony Power to undertake a year-long inquiry into the City of Perth, after the council was suspended last month following a tumultuous period.

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Paying down debt more important than tax cuts: voters

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WA economy on the way up

Live export ban cost up to $150m

The cost to Western Australian farmers of a ban on live sheep exports could be more than 10 times previous estimates, as much as $150 million, according to a report released today.

Political posts and power plays

Opinion: The departure of career public servant Stephen Wood has raised questions about the role of the bureaucracy in providing frank and fearless advice.

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Banks face fines up to $210m