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![]() John KehoeFinancial Review |
Nationalising the first buyer LMI market could cut competition and put upward pressure on premiums for investors and first buyers not eligible for the...
The treasurer hints that the government take is going to rise, but he doesn’t want working-age people to shoulder the burden.
Politicians no longer want to do the hard policy work of growing the economic pie through productivity-boosting reforms to generate prosperity.
A week out from Jim Chalmers’ economic roundtable, the Reserve Bank has pulled back the curtain on the Australian economy.
The Productivity Commission and Treasury want to avoid granting cuts to the two industries, but there are other options worth exploring.
There are two reasons the PC wants to redistribute the tax burden away from small to medium companies and towards the nation’s largest companies.
The unexpected jump in the unemployment rate to 4.3 per cent will put scrutiny on the RBA’s surprise decision not to cut interest rates this month.
Unless there is a fundamental mindset shift by Labor, the private sector will remain stuck in the doldrums, and we will retain an inflated,...
Governor Michele Bullock took the rare step of thumbing her nose at almost every market economist and trader by holding rates steady.
The government in the nation’s capital is spending uncontrollably, inventing dishonest taxes and overseeing a flawed education system that is...
John Howard and Peter Costello have weighed in on Jim Chalmers’ productivity and tax agenda, 25 years after implementing the GST.
The treasurer will embark on a long-overdue tax reform, but it remains to be seen whether Labor can implement the changes needed to improve living...
Treasury claims more than $50 billion in revenue is being forfeited for super tax breaks every year. This is misleading.
Anthony Albanese’s plan to host a productivity roundtable is an opportunity to put overdue tax reform on the government’s agenda.
There are two worrying trends in the national accounts released on Wednesday.
The prime minister should be wary of cutting short-sighted deals with Donald Trump and instead focus on domestic policies he can control to improve...
The treasurer’s hope for the economy to shift from government spending to business-led growth may be on shaky ground.
If Jim Chalmers serves as treasurer for nine years, the performance of the Australian economy will be his to own.
The US president’s name is not mentioned once, but his presence permeates throughout the Reserve Bank’s analysis.
The organising principle that can unite conservatives and moderates in the Coalition must be economic management.
Peter Dutton’s team defied basic liberal economic principles and was punished. The natural policy for it should be to offer lighter income taxes...
More than 80 per cent of the $10 billion that the government committed to build 100,000 homes for first buyers was nowhere to be seen in its election...
If the Coalition leader had committed to indexing the tax scales a month ago, he could have given himself a better shot at winning the election.
The extraordinarily dumb demand-side housing policies by Labor and the Coalition will fuel even higher prices and cause first home buyers to take...
Investor belief in US superiority drove Wall Street to sky-high valuations, but the president’s trade war is now eroding this conviction.
Last week, the RBA governor said the exchange rate would be an important “buffer” in Trump’s trade war. It is what economists call it an...
The major parties are jostling to be perceived as the best placed to manage the international economic turmoil. Australia needs cool heads to prevail.
Australia has relatively moderate federal debt levels compared with most countries. But the picture is not so benign if ballooning state government...
The Reserve Bank of Australia isn’t quite sure what impact Donald Trump’s imminent next round of tariffs will have on inflation, but it is ready...
The pledge to temporarily cut the price of petrol exposes the Liberals for embracing a Labor-lite version of debt-funded spending, while shying away...
The Canberran is responsible for the expenditure side of the budget. But that is at a 40-year high and there is no plan to rein it in.
Treasurer Jim Chalmers may have delivered a politically clever budget, but he is amassing more on the national credit card without a plan to pay for...
A private speech by the US commerce secretary to Australian executives in Washington was a jaw-dropper and a wake-up call about the next steps in the...
Donald Trump’s tariffs on steel and aluminium are more of a political headache for Anthony Albanese than an economic problem for Australia.
If the taxpayer-funded Clean Energy Finance Corporation is to continue, its role should be to provide a subsidy in areas when there is a lack of...
Shadow treasurer Angus Taylor’s U-turn on cracking down on insurers revealed the collision within the opposition between economic rationalism and...
Australia’s big housing problem is contributing to our stagnating living standards and sluggish real incomes.
The $20 billion-plus spendathon is increasingly being whacked on the national credit card for working-age people and future generations to foot the...
Politicians continue to obsess over the ups and downs of interest rates and neglect the real stuff that could make us materially better off.
A construction company received a 37-point compliance list before funding would be considered, in addition to the standard credit application.
Michele Bullock admits the RBA board had a lively debate on the case for cutting rates or holding firm against sustained political and community...
Australia needs a revolution on tax, deregulation, energy supply and competition, not fiddling around the edges with small-minded economic debate.
Any monetary easing this month will embolden more cash-burning by politicians, and therefore have important ramifications.
Dutton’s back-to-basics approach on economics offers a sharp contrast to Labor’s bigger government record of the past three years, but policy...
There is a plausible reason to cut interest rates next month, but also a reasonable case to hold steady and await more information on the economy.
The shocking budget blowout after the state’s election last year shows a massive institutional failure that has lessons for governments across the...
The stunning employment surge makes a pre-election rate cut less assured than the Albanese government would be hoping.
Voters hate inflation, but do they hate it more than rising unemployment? This year’s election will reveal their true priorities.
Voters hate inflation, but do they hate it more than rising unemployment? This year’s election will reveal their true priorities.
The low jobless rate is not far off a 50-year low. Yet, Labor is trying to avoid becoming the first one-term federal government since the 1930s.