Clik here to view.
Budget 2019: What the income tax cuts will mean for your bottom line
The Morrison government has bet the house to win the 2019 election, offering tax cuts on top of tax cuts for low- and middle-income earners and cutting one wide-ranging tax … Continued The post Budget...
View ArticleClik here to view.
Budget 2019: Economists say government forecasts are optimistic
The growth forecasts underpinning the federal budget look a touch optimistic, according to economists. The federal budget contained few surprises for watchers who for months had predicted the...
View ArticleClik here to view.
Treasurer extends supplement to unemployed as Coalition sells 2019 budget
Treasurer Josh Frydenberg has made a surprise pledge that Newstart recipients will receive the $75 energy supplement – less than 24 hours after the federal budget excluded the unemployed from the...
View ArticleClik here to view.
Christmas Island backflip comes at a cost
The federal government’s decision to close the Christmas Island detention centre just weeks after spending more than $185 million on reopening it has been labelled a “cruel political stunt” by …...
View ArticleClik here to view.
Budget 2019: Super change allows wealthy couples to contribute $500,000 more
Wealthy couples will be able to contribute $500,000 more into superannuation between the ages of 65 and 67 as part of a new budget measure, analysis from Industry Super Australia … Continued The post...
View ArticleClik here to view.
Paying down the debt … tell him he’s dreamin’
When Treasurer Josh Frydenberg announced on budget night the government was “back in black” in forecasting a $7.1 billion surplus, some commentators were, well, just a little sceptical. That scepticism...
View ArticleClik here to view.
Josh is throwing a stimulus party … but nobody’s dancing
What if you threw a stimulus party and nobody came? Treasury’s numbers say Josh Frydenberg is a dud when it comes to trying to stimulate weak consumption. After the initial cheer-squad reaction from...
View ArticleClik here to view.
ATO won’t act on July 1 tax cuts unless they are already law
The Australian Tax Office has warned the government it will not deliver planned $1080 tax cuts from July 1, unless they can be rushed through Parliament before the end of the financial year. Less than...
View ArticleClik here to view.
Delayed federal election a threat to workers’ tax cuts
The Senate has raised concerns about whether Parliament can return to sit before July 1 if the Prime Minister delays the federal election until May 25. May 18 has been … Continued The post Delayed...
View ArticleClik here to view.
Before the Kiwis, Australia laid out a wellbeing framework
Amid all the fanfare around New Zealand’s so-called “well-being budget”, you would be forgiven for thinking our neighbour to the east had revolutionised its priorities and how to measure them. …...
View ArticleClik here to view.
Federal budget 2022: Election sweeteners could trigger earlier rate hikes
Cost-of-living giveaways in the federal budget will only offer temporary relief for households and could backfire by pushing up inflation and interest rates over the long term, economists have warned....
View ArticleClik here to view.
Federal budget 2022: Little substance beyond vote-buying sugar hits
The received wisdom before Tuesday’s budget was that Josh Frydenberg would be forced to perform the ultimate pre-election high wire stunt with fatal political consequences if he overbalanced. In fact,...
View ArticleClik here to view.
Alan Kohler: The real story of the budget is that Treasury got the pandemic...
The overriding fact of federal government finances in 2022, and everything about Tuesday night’s budget, is that Treasury got the pandemic entirely wrong. It’s perhaps hard to blame the spreadsheet...
View ArticleClik here to view.
Albanese takes aim at PM’s ‘re-election’ budget
The federal government’s big-spending budget is nothing more than a desperate re-election bid, the opposition says. But Labor leader Anthony Albanese won’t provide an alternative in his budget reply on...
View ArticleClik here to view.
Government bungles budget day two under tough inquisition
The day after a pre-election budget is handed down is invariably one of the most important campaigning days of the year. The day’s media appearances alone can be a rare chance for politicians and...
View ArticleClik here to view.
Michael Pascoe: The budget’s dirty little secret – we’re in trouble next year
Josh Frydenberg’s pea-and-thimble budget is worse than it looks, even more cynical than it appears – and a budget that headlines a $420 “tax cut” this year to hide a $1500 tax increase the following...
View ArticleClik here to view.
Federal budget 2022: What is the cost-of-living tax offset? And how can I get...
Millions of taxpayers stand to save hundreds of dollars on their tax bill this year after the federal budget boosted a tax offset first introduced in 2018. Available for workers earning up to $126,000...
View ArticleClik here to view.
When will petrol prices fall? Servos are yet to pass on the fuel tax cuts
Motorists are being urged to delay filling up their tanks until the 22 cent-per-litre cut to fuel taxes flows through to bowsers across the country. Petrol prices started falling after Treasurer Josh...
View ArticleClik here to view.
Buy now, pay later clobbered by interest rate hikes and inflation fears
The shining star of the buy now/pay later (BNPL) world, Afterpay, earned its lucky shareholders $32 billion when it was taken over by Twitter creator Jack Dorsey’s Block group in a share swap deal...
View ArticleClik here to view.
Employment Minister Tony Burke scoffs at notion higher pay will drive inflation
Employment Minister Tony Burke does not believe wages growth is about to further fuel inflation, saying pay rates have suffered a decade of stagnation. Last week the Fair Work Commission endorsed a...
View Article
