Australians would pay the highest carbon price in the world if the opposition’s plan to transform our energy system around nuclear is adopted.
If you can enact a tax reform that improves both equality and efficiency,you must be doing something right.
There’s no doubt stage 3 tax cuts are skewed towards higher income earners. But some context is needed.
Fearmongering about migration is,variously,misguided,premised on faulty logic or straight-up wrong.
I don’t recall ever having read so many words – almost 6000 – that contained so little. No clear proposition,no coherent framework,no tangible plan of action.
Normally meticulous in avoiding the limelight,RBA Governor Philip Lowe has found himself a deer in the headlights. And,despite suggestions to the contrary,much of it is of his own making.
The cuts,as they stand,are unfair and difficult to defend. But with tweaks,the government can make them more equitable,and politically palatable.
Far from helping,the proposed measures in fact hurt the interests of working people.
Evaluating data is the new frontier of economic reform. But politicians may have to be open to hearing,and acting on,uncomfortable truths.
There’s no meaningful difference in retirement between holding $50,000 of equity in a home or in super. Given the home is exempt from the pension assets test and is untaxed,it could be the better choice.
I’m a politically unaligned economist and I’m measuring up the two main political parties just as you are. This is how I see it when it comes to the economy.