The budget papers include a long statement spelling out what’s wrong with housing with a candour I’ve not seen before.
Luci Ellis,Westpac’s chief economist,says there’s a big case for increasing tax thresholds each year. Without end,taxes will keep rising forever.
The prize for counting budget chickens will always be a tight contest when politicians spend so much of their time listening to themselves and each other.
The Reserve Bank is relieved that many households have increased their savings as interest rates rose,but hospitality is feeling the brunt.
State and territory leaders have banded together to warn that Australians with a disability will be worse off unless the NDIS minister slows his plans to clamp down on the $44 billion program.
Most Australians say they will use it to increase savings or pay down loans,countering fears of a spending splurge that would fuel inflation.
A $6.5 billion funding allocation is an indictment against the Coalition’s treatment of veterans,and the backstory to it enough to make your blood boil.
It is not unusual for governments to suffer a slump after two years in power – it happened to John Howard in 1998 and he recovered. But there are danger signs for Labor.
The treasurer’s use of new policy tools to solve new kinds of inflation has enraged many commentators,but the anger of those stuck in the past doesn’t mean we shouldn’t be looking to the future.
The energy rebate is a perfectly sensible device to hasten progress in getting inflation down to the target zone.
In treating migration as his golden leadership goose,Peter Dutton is making a classic political mistake,which is to identify your strength and then over-emphasise it.