MALCOLM TURNBULL’S “PRECONDITIONS”
1. “We are not going to raise more tax overall.”
2. “Any changes are going to be rigorously fair.”
3. “They’ve got to drive jobs and growth.”
How will they rein in the budget deficit then? Expenditure is the other side of the equation - possibly starting with using the private sector to administer Medicare, Aged Care, and/or the Pharmaceutical Benefits Scheme.
CLUB OR SOCIETY?
If the bank account is in the name of a society, club or other organisation whose income is exempt
in the name of a non-profit company whose taxable income is not more than $416 per annum
You can also use the simple ATO claim form.