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Wed Sep 24

Australians are losing more of their income to tax than in decades, new report shows

Written by Roger Wilkins, Professorial Fellow and Co-Director, HILDA Survey, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne

Australians are now paying the highest average rate of income tax in more than two decades, raising concerns too much of the tax burden may be falling on Australian workers in their prime.

That’s according to the latest annual report from the Household, Income and Labour Dynamics in Australia (HILDA) survey, released today. I...

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