Wesley Mission will shut all its Sydney aged care centres due to problems attracting enough staff to fulfil new workforce and care requirements imposed by the Albanese government.
| Australia should expand consumption taxes such as the GST to help repair a blowout in the deficit, one of the IMF’s most senior directors urged on Wednesday , but Treasurer Jim Chalmers is not budging.
“The most effective indirect tax is a value-added tax. There are different ways in which you can try to avoid it from being excessively regressive. It’s a tax that is easily administered and is relatively transparent and has very good yields.”Dr Chalmers brushed off the IMF director’s recommendation, despite his comments this week that the federal budget had structural issues partly because of the growing debt bill.
Jim Chalmers said the government had already made tax reforms in the areas of superannuation and multinational taxes.with Treasury secretary Steven Kennedy. The treasurer is expected to meet his international counterparts to discuss the deteriorating state of the global economy.
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