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The Latest Breaking News from Richard Denniss

Pressure is mounting on the Albanese government to ditch the planned stage three income tax cuts as new research reveals most Australians oppose the plan.

AAP

CEOs of Australia’s top 20 companies given nine times the pay rise of full-time workers

Australia Institute urges 60% income tax on earnings above $1m a year

The Guardian - AU

Albanese claims he can’t stop them, but the stage three tax cuts threaten his political legacy

The cuts benefit the wealthy over the strugglers, ploughing fertile ground for conspiracy theorists to accuse MPs of looking after themselves

The Guardian - AU

From analysis to the latest developments in health,
read the most diverse news in one place.

Real wages are shrinking as profits are soaring. But are most businesses really raking it in?

Workers are getting a record low share of Australia's national income, while company profits surge. But is it just a temporary phenomenon caused by the commodities boom or a deeper structural crisis in our economy?

ABC News

In New Zealand wages are growing. Will Australian workers' pay packets get a bump?

There are hints that wages are going up — helping workers meet the cost of soaring inflation for food, fuel and essentials. But you might have to quit your job to get a raise.

ABC News

Inflation blame game: Are soaring profits pushing up prices?

What, or whom, is to blame for the worst cost-of-living crisis in decades? New analysis has pointed the finger at greedy businesses.

The New Daily

Richard Denniss: Huge profits are driving inflation – not low-paid workers

The rhetoric of a ‘wage-price spiral’ is hardwired into Australia’s debates about inflation, but the reality is we are currently in a price-profit spiral.

The New Daily

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Explained: Why Australia’s gas prices are so high

Australia’s energy crunch has turned downright nasty this week as retailers begin to pass on huge spikes in gas and power prices.

The New Daily

Unions eye pay rises that reflect inflation as Queensland public sector agreements expire

Teachers, nurses, police officers and transport workers all have agreements set to end this year

The Guardian - AU

Morrison government’s $7.4bn in dam commitments could be ‘biggest pork barrel in history’

Exclusive: Report says majority of funds ‘allocated to where the National party vote is highest’

The Guardian - AU

The 2022 Budget Will Be Revealed Tonight So Will The Govt Make Anything In Our Lives Cheaper?

The 2022 budget will be unveiled on Tuesday so do economists predict the government do anything to help lower the cost of living right now?

Pedestrian.tv

Business groups and economists call for tax reform as politicians remain silent

With a federal election approaching and Labor losing the 2019 poll over its tax policies, Ai Group has put forward a new tax reform plan.

The New Daily

‘The opposite of planning’: how Australia put the economy before health of the nation

When governments ditched Covid health advice, people might have assumed there were carefully honed policies to handle the surge in cases. That is not what is being revealed

The Guardian - AU

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