Australians suffered the biggest increase in tax burden in the developed world last year as bracket creep and the end of a tax offset combined.

Australians flattened by biggest tax increase in world

Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the developed world as inflation surged,OECD data shows.

  • byShane Wright

Opinion&Perspectives

Albanese’s latest plan is triggering elite economists. Don’t listen to them

Despite our expensive subsidies for property investors,commentators who have made their careers by calling for ever more reform hate Labor’s signature policy.

Shaun Carney
Shaun Carney

Columnist

A $50k bonus,cheap uni,extra healthcare:the 4400 navy jobs no one wants

From submarines to aged care,the government and opposition have grand plans. But neither know where the workers will be found for them.

Shane Wright
Shane Wright

Senior economics correspondent

Chalmers’ high-wire act just got harder

For two years,the Reserve Bank has been talking about negotiating a narrow economic path. But inflation is buried deep in parts of the economy.

Shane Wright
Shane Wright

Senior economics correspondent

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Federal

Australians suffered the biggest increase in tax burden in the developed world last year as bracket creep and the end of a tax offset combined.

Australians flattened by biggest tax increase in world

Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the developed world as inflation surged,OECD data shows.

  • byShane Wright
Fire ant colony has been found on Defence land west of Toowoomba,Queensland.

‘Massive surveillance failure’:Fire ant infestation sparks fear of undetected spread

More than 100 nests of potentially deadly fire ants have been discovered on Defence land in the Murray Darling river system.

  • byMike Foley

NSW

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