Some economists think this Budget will mean the RBA will keep raising rates because Dr Jim Chalmers has added to inflation with his $20.6 billion worth of spending. How true is this?
Some economists think this Budget will mean the RBA will keep raising rates because Dr Jim Chalmers has added to inflation with his $20.6 billion worth of spending. How true is this?
While Treasurer Dr Jim Chalmers can boast about the fastest return to surplus since World War II, those super members with big balances are going to have to duck for cover.
Last October it was thought this Budget surplus of $4 billion would be a $37 billion deficit! That’s a big miss! Can these guys count? Or does it show that ‘guessing’ what economies do is so hard?
Standby for a good news leak from what will be in tomorrow night’s Budget speech.
Dr Jim naturally wants to tax the super rich but will average Aussies be caught up in this tax trap?
The US Fed boss delivered news the stock market liked, and good vibes will come down under today and, eventually, beyond!
Dr Phil has cast the dye with this 11th interest rate rise since May last year. I hope he ends up being a genius for all of our sakes, but he has taken a huge punt.
Next week’s Budget will reveal that by 1 July 2026, super will be paid with a worker’s pay-packet, not quarterly.
Ten rate rises are starting to bite, big time. One industry expert called it an “insolvency Armageddon”, with cash-troubled business wind-ups reaching 828 in March.
As the bad news of job cuts rise and Australia Post sacks 400 workers, you have to wonder if the RBA will deliver the good news of no rate rise next Tuesday?
Even if push comes to shove and there’s another hiccup rise, it looks like it’s the end of the line for rate rises. Even if I’m wrong, our future may not be as dismal as some think.
Good inflation news is expected today, which will help the Treasurer in all his budget calculations. And it looks like he has a BIG windfall coming.
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