Is Australia really a low taxing country?

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By Leith van Onselen

The UK Guardian has done some interesting analysis comparing personal tax rates across countries, with Australia comparing favourably:

Australia emerges as one of the lower tax countries in Guardian Money’s ­survey. Australians currently pay nothing on the first A$18,200 (£10,500) of their income, then 19% above that, with a top rate of 45% on incomes over £105,000 a year.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.