Families set to pocket more than $60 a week from stage-three tax cuts Treasury analysis shows ‘mums and dads’ will be among the biggest beneficiaries when 1 July cuts kick in, Jim Chalmers says The Guardian - AU · Jun 22, 2024
When Michele Bullock tells us she’s not for turning in fighting inflation we should believe her The RBA governor is reminding everyone that her mandate covers not just inflation, but also full employment The Guardian - AU · Jun 5, 2024
Top economists give budget modest rating and doubt inflation will fall as planned Asked to grade Treasurer Jim Chalmers’ third budget on his own criteria of delivering on “inflation in the near term and then growth in the medium term”, most of the 49 leading economists surveyed by the Economic Society of Australia and The Conversation have failed to give it top marks. The Conversation · May 26, 2024
US and China need ‘climate armistice’ to meet net zero, says former head of CSIRO ‘Climate change is a global problem. It needs that global level of collaboration,’ says Larry Marshall The Guardian - AU · May 11, 2024
Victorian budget a family affair, but details scant The Victorian budget remains cloaked in secrecy but shapes as a no-frills affair as the government tries to combat rising debt and infrastructure blowouts. AAP · May 6, 2024
Spotlight on RBA after concerning inflation data No change in the official cash rate is expected this week, with the Reserve Bank's reaction to a stronger inflation print the main point of interest. AAP · May 5, 2024
Tas election pledges to put budget in 'worse' position Tasmania's major parties have accused each other of overspending and budget mismanagement days out from the state election. AAP · Mar 21, 2024
Reserve Bank tipped to hold interest rate but economists split on when cuts will start Pundits and investors expect the RBA to leave its cash rate unchanged at 4.35% when the board meets on Tuesday The Guardian - AU · Mar 18, 2024
Stage-three tax cut changes will have minimal effect on inflation, economists predict Banks say tax tweaks approved by Anthony Albanese’s cabinet may slow pace of RBA interest rate cuts and further reforms are needed to fill budget shortfalls The Guardian - AU · Jan 24, 2024
Labor could raise welfare payments for cost-of-living relief without stoking inflation, economists say Albanese government would need to couple any increases in unemployment benefits and pensions with savings, experts say The Guardian - AU · Jan 3, 2024
View from The Hill: Josh Frydenberg puts political ambition aside to remain in business Former Treasurer Josh Frydenberg’s decision to put a business future before an attempted political revival is a blow for the Liberal Party, but a relief for the teal member for Kooyong, Monique Ryan. The Conversation · Sep 21, 2023
Controversial new Tasmanian AFL stadium could add $226m a year to economy, report finds But a parliamentary committee says there has been no evidence to bolster the key assumptions underpinning the business case The Guardian - AU · Sep 6, 2023
Unpleasant budget looms as Victoria eyes soaring debt There are not many pleasant ways for Victoria to bring its perilous financial position under control ahead of the state budget, a leading economist says. AAP · May 22, 2023
‘Significantly weaker’: Unemployment rise sparks fears for Australian jobs A surprise uptick in unemployment in April has stoked fears the labour market may be starting to turn, as forecasts predict a jobs downturn. The New Daily · May 18, 2023
The Guardian - AU · May 13, 2023 Going halves: are shared equity schemes the answer in Australia’s pricey property market? Nonprofit schemes aim to help first home buyers who cannot rely on ‘the bank of mum and dad’ – but they have their limits
The New Daily · May 8, 2023 ‘Disingenuous’: Inflationary trade-off in Jim Chalmers’ budget Jim Chalmers claims his cost-of-living package won't worsen inflation, but experts take a different view, saying it will.
The New Daily · May 1, 2023 Australians have been scared off loans – and that’s exactly what the RBA wants The majority of Aussies have been spooked off of loans and have lost faith in the decisions of the RBA, research shows.
The New Daily · Apr 26, 2023 ‘Peaked’: Small relief from slowing inflation as rents and utility bills soar Inflation has begun easing as goods prices fall, but the cost of living crisis isn’t over yet as rising rents and utility bills hit families.
ABC News · Apr 14, 2023 The mining sector made more than half of Australia's corporate profits, so why do economists want to ignore it? Australia's mining sector has generated windfall profits over the past two years, the result of dramatically higher prices for fossil fuel energy, but has it driven inflation?
The Guardian - AU · Apr 13, 2023 Warning decline in Australia’s adult literacy being hidden by lack of data New national study to be launched to document deterioration in basic reading and writing skills, particularly in Tasmania
The New Daily · Apr 12, 2023 Porter Davis collapse: What’s wrong with the Australian construction industry? Building giant Porter Davis unlikely to be the last construction giant to collapse under the weight of inflation and rising interest rates.
The New Daily · Apr 10, 2023 Increase GST rather than change tax on super, expert says Proposed changes to super pension payments have been questioned by some experts, who say more comprehensive tax reform would be better.
The New Daily · Apr 8, 2023 Rental market is bad and likely to get even worse The lines of hopeful tenants vying for rental properties are only expected to get longer as pressures on Australia's rental market intensify.
The New Daily · Mar 27, 2023 Super funds deliver stability for members as regulators call for more transparency Superannuation has proved its stability in troubled times with the average balanced fund making a gain of 1 per cent while shares fell.
The Conversation · Sep 1, 2022 Grattan on Friday: Should Anthony Albanese keep his word on the Stage 3 tax cuts? The final, mega stage of the Coalition’s tax cuts, worth more than $240 billion over a decade, is now in the gun sights of many critics, who are calling for Anthony Albanese to dump his promise to deliver it.