Understanding the residency for tax purpose is bit complex. Firstly, you need to work out if you are an Australian or foreign resident for tax purposes.
Prime Minister Scott Morrison has signalled that getting his tax changes through parliament will be a top priority for his re-elected government.
Scott Morrison’s Liberal Party has held power in the federal election. Broadly, the Prime Minister’s economic and tax agenda is focused on preservation, compared to the reform roadmap proposed by the Labor Party.