Equity, Risk, and Australia's Tax Subsidy Program for Employee Share Schemes

For almost half a century, Australian governments, both Coalition and Labor, have supported tax concessions to subsidise and encourage employee share schemes that facilitate employees’ investments in shares of their employers. Our latest article reviews the history of the Australian government’s support, and subsidies for, employee share schemes and subjects the various government claims for each variation of the support to critical analysis. To download from SSRN, click here. To download from AustLII, click here.