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Greg JerichoThe Guardian |
Has a policy ever worked as quickly as the changes to the capital gains tax (CGT) discount? It hasn’t even become law yet and already it is having...
So what is the middle income for Australians? Each year, the ATO’s taxation statistics provide insight into this topic, and this year’s release is...
The latest annual statistics from the Tax Office reveal the gender pay gap remains very real and spans almost every occupation. The annual tax...
The Reserve Bank governor, Michele Bullock, on Tuesday delivered a miserable assessment of the Australian economy by suggesting the best it can do is...
In the first three months of this year, house prices continued their previously inexorable climb, far outpacing incomes and wages growth. Now, thanks...
The March GDP figures, not for the first time, showed that the focus on economic growth seems rather foolish when you place it within the context of...
Last Friday while eating breakfast I noticed what I thought was a piece of cereal lodged in my gum. After extricating it with my tongue I immediately...
One of the more hilarious aspects of the federal budget is that conservative newspapers have discovered that young people exist. Not all young people,...
Last week’s budget has been met with absurd hysteria as vested interests, and conservative politicians and media pushed lies about the collapse of...
Wages are growing at a much slower pace than inflation, according to the latest data. This fits the story of the budget: that those earning a living...
When it comes to how wealth and high income is taxed in this country, it is not hard to agree with F Scott Fitzgerald’s line that “the rich are...
With the release of the March inflation figures on Tuesday showing a big jump, the likelihood of a rate rise next week has become all but certain....
A funny thing happened on the way to the budget: changes to capital gains tax and negative gearing, which had for years been a no-go zone, are now...
The IMF’s latest World Economic Outlook has forced it to admit that things have changed since its previous update in January when it blissfully...
As I write this, I sigh and realise that despite the president of the United States dropping his threats to commit war crimes and destroy Iranian...
Land, it is fair to say, is important. In Australia this is very much the case – and even more so in the past 25 years. Last week the Bureau of...
In life, it is nice to have things you can count on, and every year at this time you can absolutely be guaranteed to hear business groups and their...
It is rare for economic data to be out of date the moment it is published – and yet that is the case with the February inflation figures out on...
The New Daily readers overwhelmingly support a push by the Greens and crossbench MPs to impose a 25 per cent levy on gas exports. In a reader poll...
In February the unemployment rate rose from 4.1 per cent to 4.3 per cent, providing further evidence the Reserve Bank misread the economy when it made...
The first rule of politics is to never waste a crisis. The current fuel crisis due to the Iran war is one the Australian government needs to seize....
As uncertainty hits everywhere, the Australian housing market continues its usual path upwards. Less than two months ago, I let rip at the IMF for...
The latest GDP figures showing Australia’s economy grew 2.6% last year is good news, but the data also reveals an economy boosted by people chasing...
With less than three months to go until the federal budget, you are going to be hearing a lot more about tax. It seems that something is finally going...
In 2025 wages grew slower than inflation, which means that wages clearly are not the cause of rising prices. Not only have workers seen their...
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