GST threshold change

Summary of proposal

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

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GST threshold change

Summary of proposal

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

Read more

GST threshold change

Summary of proposal

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

Read more

GST threshold change

Summary of proposal

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

Read more

GST threshold change

Summary of proposal

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

Read more

GST threshold change

Summary of proposal

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

Read more

Remove the Fringe Benefits Tax on entertainment expenses provided to staff

Summary of proposal

The proposal would remove the Fringe Benefits Tax (FBT) on entertainment expenses (including meals) provided to staff.

Policy start date of 1 July 2025.

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Remove the Fringe Benefits Tax on entertainment expenses provided to staff

Summary of proposal

The proposal would remove the Fringe Benefits Tax (FBT) on entertainment expenses (including meals) provided to staff.

Policy start date of 1 July 2025.

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HECS debt burden

Summary of proposal

This proposal consists of 3 separate options to change HELP loan settings. 

  • Option 1: Apply indexation after compulsory repayments have been deducted from the balance.

  • Option 2: Provide debt forgiveness for all indexation amounts accrued on student debt since 1 January 2021, as at the policy start date. 

    • Those who have already paid their debt in full would be refunded the indexation amount directly.

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HECS debt burden

Summary of proposal

This proposal consists of 3 separate options to change HELP loan settings. 

  • Option 1: Apply indexation after compulsory repayments have been deducted from the balance.

  • Option 2: Provide debt forgiveness for all indexation amounts accrued on student debt since 1 January 2021, as at the policy start date. 

    • Those who have already paid their debt in full would be refunded the indexation amount directly.

Read more