ATO reports 25% of large companies paid no tax; many homebuyers using deposit scheme
The Guardian · September 30, 2026Original source ↗
What happened
The Australian Taxation Office found that one-quarter of big firms paid no tax. Meanwhile, nearly half of homebuyers are utilizing a scheme that allows them to purchase homes with a 5% deposit. Additionally, Queensland's government did not meet a deadline for a federal program supporting children with autism.
Why it matters
These developments highlight ongoing issues regarding corporate taxation and home ownership accessibility in Australia.
How this story affects people
How does this story affect you if you are a first homebuyer?
You may benefit from the deposit scheme that allows you to purchase a home with just a 5% deposit, making homeownership more accessible. This could help you enter the housing market sooner, despite ongoing affordability challenges.
How does this story affect you if you have a child with autism?
The missed deadline by Queensland's government for the Thriving Kids program could delay access to essential support services for your child. This may affect your ability to secure necessary resources for their development.
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