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Positive Budget leaks for oil and business tax relief
Australia’s federal Budget is shaping up to deliver a pair of politically-calculated surprises: one aimed at the bowser, the other at the bottom line.
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Bullock puts Chalmers on notice: Fix the Budget or face more rate rises
Reserve Bank Governor Michele Bullock has fired a shot across the Treasurer’s bow, warning Jim Chalmers in plain terms that if next week’s Budget doesn’t…
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Banker warns of recession as RBA tipped to raise rates again
NAB chief executive Andrew Irvine says a recession can’t be ruled out. With petrol prices surging, consumer confidence collapsing, and two rate rises already delivered…
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Public servants ‘shown the door’ in droves but will they go through it?
With next week’s Budget threatening to overshadow even the RBA’s rate decision, Treasurer Chalmers is expected to offer a golden handshake to many public servants.…
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Chalmers to play Mr Nice Guy to existing property investors
The Budget looms, and leaks are spreading. Chalmers appears set to reshape negative gearing and capital gains tax rules, but existing landlords could be grandfathered.…
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Dirty Donald, oil shocks and the RBA’s trigger finger
With President Trump rattling sabres at Iran and oil prices surging, Australian households are caught in the crossfire of geopolitical brinkmanship and a Reserve Bank…
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Economists tip today’s CPI will force rates up next week
Will the cash rate be raised to 4.35% next week? Is anyone considering the effect of this (and a hard hitting budget that promptly follows)…
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If the RBA raises rates on May 5, it will be a mistake
Our Reserve Bank can operate with the air of an untouchable institution. With petrol prices spiking, an Iran war reshaping global oil supply, and recession…
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What’s love got to do with it, if you’re a dope with money?
Once love and marriage went together like a horse and carriage but these days it seems that love (listen close, honey) must be compatible with…
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Targeting older Australians: What’s this all about, Albo?
The Albanese Government has quietly declared which side of the generational divide it stands on. Two recent policy moves — one targeting property investors, the…