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The Latest Breaking News from Greg Jericho

One Nation’s economic thought bubbles have little substance – except for one

The idea of a people’s bank has been long floated by the Greens. Anything that reduces the oligopoly power of the big four banks is a good thing

The Guardian - AU

Capital gains tax changes are already having an impact on wealth inequality – and vested interests are running scared

Weekend house auction results and the official taxation data reveal the arguments from outraged conservatives are hollow

The Guardian - AU

Morning Mail: The high cost of romance scams, UK PM expected to step down, Iran peace talks suspended over Trump threats

Australians cheated out of millions by romance scams; US-Iran peace talks under way in Switzerland

The Guardian - AU

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The Crunch: Climate refugees, visualising Elon Musk’s wealth, and the many ways to analyse the World Cup

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The Guardian - AU

A joy to watch? Pauline Hanson gets a warm welcome in some parts of the media

As One Nation leader is hailed as ‘a politician ready to rule’, Greg Jericho is booted from the press gallery. Plus: a ‘WTF moment’ across the Tasman

The Guardian - AU

The bleak view that unemployment needs to rise shows the RBA acts firstly in the interests of companies, not workers

The Reserve Bank governor has made clear the cash rate has been increased not to reduce inflation but to make it harder to bargain for higher wages

The Guardian - AU

Australia’s GDP figures are meaningless when the boom in datacentres means destroying jobs and the climate

In the March quarter Australia’s economy grew 0.3%. But the real issue is what drove that growth

The Guardian - AU

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Australians with disabilities copped the biggest cuts in the budget. Yet conservative media’s heart bleeds only for the wealthy

The reaction to the budget has revealed Australia’s warped priorities, with the appalling inequality in dental care among the issues actively ignored

The Guardian - AU

Australian workers have been hard done by and tax reforms in the budget only begin to return some fairness

The CGT discount not only increased the benefit to non-wage earners, it did so in a way that incentivised investing in rental properties rather than shares

The Guardian - AU

In this budget, all eyes are on CGT. But Labor’s rumoured family trust tweaks might also help fight tax inequality

If Albanese’s newest budget can tame discretionary trust tax dodging, it will be a good step in ensuring the rich are treated the same as the rest of us

The Guardian - AU

Another RBA rate rise won’t fix inflation – it will just smash households already hit by soaring fuel costs

The latest ABS consumer price index figures show just how pointless hiking interest rates would be at dealing with inflation. But raising rates is baked into the Reserve Bank’s DNA

The Guardian - AU

Capital gains tax changes are on the table, and yet Armageddon has not arrived. Has the tide on housing turned at last?

We are less than a month out from the budget and Labor’s mooted adjustments to tax concessions for property investors have barely registered

The Guardian - AU

The IMF refuses to name the cause of this global chaos. It starts with ‘Donald’ and ends in ‘Trump’

The International Monetary Fund remains stuck in a situation where the biggest concern about inflation is wages

The Guardian - AU

Is Australia headed for a recession? I hope not - but the RBA should be more worried

In backing down on his threats to destroy Iranian civilisation, Donald Trump has lessened concerns of a recession in Australia – at least for now

The Guardian - AU

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The Guardian - AU

Labor must stop juicing house prices and make buying a home the Australian dream – not negatively gearing one

The rumours of action on the capital gains tax discount and negative gearing are louder than before any budget this century. But is the PM up to the task?

The Guardian - AU

Morning Mail: hopes and dreams of Australian children in Syria, Tim Wilson’s ‘terrible’ bet, more Epstein fallout

Australian children tell us about their hopes of liberty, Bluey and escaping tents; shadow treasurer’s investment bets against success of economy

The Guardian - AU

As real wage growth falls again, Australian workers must feel the economy is rigged against them

The RBA never misses a chance to blame wages for rising prices but data shows profit-driven inflation is back

The Guardian - AU

Afternoon Update: Labor unrest over Herzog visit; defence site sell-off; and a ‘deplorable’ secret about motherhood

Ed Husic says he has ‘deep concerns’ over impending visit of Israel’s president, Isaac Herzog

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The Guardian - AU

What are the odds? The RBA has raised interest rates – for no real reason other than to meet the desires of speculators

The prospect of a cash rate increase on Tuesday changed dramatically over the past month. One wonders if the Reserve Bank listened more to the commentariat than the data

The Guardian - AU

The latest inflation figures offer no joy – except to the gas producers whose windfall profits remain largely untouched

The boom in world gas prices due to the Russian invasion of Ukraine has led to energy companies making out like bandits

The Guardian - AU

The 5% first home buyers scheme is a miserable policy failure – and the latest chapter in Australia’s housing disgrace

The government is juicing demand to make houses more expensive for Australians while providing good public housing for … Americans

The Guardian - AU

So it’s goodbye to lower interest rates – to be honest, the RBA was always looking for an excuse not to cut

The story this quarter was one of big jumps in electricity prices due to the end of the state subsidies

The Guardian - AU

If we want a better, more equal society, we need more tax. But more tax only works if big business pays their fair share

Trust in both the tax and political system will falter if people feel they are being punished for not paying tax while large companies legally get away with paying nothing

The Guardian - AU

Australia, along with other OECD countries, is mired in mediocrity – and the RBA seems intent on keeping us there

If the Reserve Bank won’t drop interest rates next week, it will be another example of one of our institutions aiming low

The Guardian - AU

Take a deep dive into the inflation numbers and the RBA’s decision not to cut rates seems inexplicable

In a majority of capital cities in Australia, inflation is now below 2% – that is, below the Reserve Bank’s target range

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