The Government will introduce a standardised deduction for workers filing their income tax returns in 2012, with some 6.4 million Australians expected to receive a tax benefit as part of the scheme, writes Patrick Stafford.
Accounting
Morning Market Report
The highlights and lowlights of this morning’s sharemarket activity.
What to do with a $20 billion budget surplus?
Stand by for the mother of all spending sprees from John Howard and Kevin Rudd over the next two months as Australia fights its first federal election campaign at a time of unprecedented government surpluses.
