Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement
Advertisement
Policy

Economy

Today

More and more Australians are prisoners to their mortgage.

Voting Green may be the greatest act of self-harm by a generation ever

Under the Greens’ housing proposal, rent could rise by an average $83 a week, on top of the rent increases likely to happen anyway.

Yesterday

Treasury secretary Steven Kennedy and Treasurer Jim Chalmers.

Treasury to axe 250 jobs under Labor

The federal Treasury will cut 250 jobs over the next two years if Labor is returned, despite the government attacking Peter Dutton for proposed public service cuts.

The Labor government’s proposal of taxing unrealised gains could have significant repercussions for the Australian housing market by incentivising retirees to shift assets into their primary residence.

Labor’s tax on unrealised gains could wreck your retirement

This new tax warrants rigorous scrutiny and a more comprehensive reassessment before it inflicts lasting damage on our nation’s financial well-being.

Labor must do more after the election

Readers’ letters on Prime Minister Anthony Albanese and the federal election, road-user charges for electric vehicles, Tasmanian salmon farming, Peter Dutton’s nuclear power policy.

Anthony Albanese has ridiculed the S&P Global warning that Australia’s prized AAA credit rating could be at risk due to surging off-budget spending and deteriorating budget fundamentals and blamed the previous Coalition government for the fiscal position.

Mocking S&P’s credit warning risks Australia’s prosperity

The nation’s AAA rating is not an ornament. It was hard-won through decades of careful fiscal management by successive governments.

Advertisement

This Month

Election promises are adding to pressure on the budget from government spending.

Albanese scoffs at credit rating agency over AAA warning

The prime minister took aim at an S&P Global report that warned the highest government spending since World War II was risking the nation’s prized credit rating.

Over the past 50 years of economic partnership, ASEAN has played a meaningful role in America’s economic ascent.

Trump tariffs cut deep for America’s trillion-dollar ASEAN partners

The damage to Washington’s image and its relationships with the rest of the world, including South-East Asia, may be lasting.

Gold fever | The CBA mystery | Trump insult shakes markets

This week, James and Jonathan Shapiro unpack gold’s surge, try to solve an ASX mystery, and assess the Treasurers debate.

Federal Reserve governor Christopher Waller expects the central bank to deliver more rate relief.

Fed’s Waller will support rate cuts if Trump’s tariffs lead to job losses

US Federal Reserve governor Christopher Waller says unemployment could rise, and quickly, if high tariffs come into play in July.

Interest rates

RBA says interest rates don’t hit households as hard as you’d think

The RBA wants you to know that changes in household cash flow from interest rates get too much attention.

Jim Chalmers and Angus Taylor held a debate on Thursday.

Tax surge improves budget but deficits still loom

Strong jobs growth and robust commodity export prices have put the federal budget on track to record a deficit about half the size of the $27.6 billion forecast last month.

Opposition Leader Peter Dutton in Hobart.

Dutton denies backflip on EV tax break. The transcript is clear

The opposition leader claims he was misunderstood when he said he would not scrap Labor’s signature tax break to encourage electric vehicle uptake.

Why Donald Trump and Xi Jinping will do a deal

This week on The Fin podcast, Australian Financial Review columnist and former ambassador to China Geoff Raby on the US-China trade war, what it means for Australia and how it might be resolved.

The time has come to mount a counterattack. But the counterargument cannot be technocratic

Trump’s shock-and-awe approach to China is working

The US president knew he needed to drop neutron bombs to shock his counterparties out of their stubborn stupor.

The statement comes less than a week after the opposition leader said his “aspiration’ was to index tax brackets to eliminate bracket creep and lower income tax.

Dutton to pay for $21b defence boost through income tax hike

The statement comes less than a week after the opposition leader said his “aspiration” was to index tax brackets to eliminate bracket creep and lower income tax.

Advertisement
Donald Trump has been a topic of debate between Jim Chalmers and Angus Taylor.

Australia faces hit from Trump’s trade war

The IMF has cut its growth forecast for the country by half a percentage point, in a sign it won’t be immune from a global slowdown triggered by US tariffs.

Economists say consumers may finally be ready to splurge again, after new figures showed retail sales increased for a seventh straight month in October.

Taxpayers are now handing a record $29,751 each to governments

A boom in taxes on personal income, businesses and property fuelled a record $802 billion tax collection by all levels of government last year, new data shows.

This isn’t surprising from a man who urged others to ‘hacer lío’ - an Argentinian expression meaning ‘make a mess’ or ‘wreak havoc’.

Francis’ legacy: curing conservative Catholics of pope-worship

If Jorge Bergoglio had managed to occupy a theological and doctrinal middle ground, he might have done much to unite a polarised church.

Opposition Leader Peter Dutton visited another petrol station, this time in the electorate of Dunkley.

Dutton vows to keep EV tax break he opposed

It was dubbed “bad policy” by shadow treasurer Angus Taylor, but Peter Dutton has pledged not to scrap Labor’s electric vehicle tax benefit, despite the cost blowing out tenfold.

Independent MPs Allegra Spender, Zali Steggall, Sophie Scamps, Zoe Daniel and Monique Ryan all back tax reform, including changes to negative gearing.

Teals are as green as they need to be as climate catastrophe looms

Readers’ letters on independents’ voting patterns, major parties’ lack of big ideas, Labor’s defence fail, Peter Dutton’s climate stumble, and universities wasting millions on IT infrastructure.

The 12 month sex offender register trial is part of a $750 million package Opposition Leader Dutton will unveil to try to shift the election’s focus to law and order.

Dutton to create a child sex offender register

The 12-month sex offender register trial is part of a $750 million package from the Coalition, as it tries to shift the election campaign’s focus to law and order.

Dutton said he supported the status quo on penalty rates, as he insisted his standing among voters was not as bad as some opinion polls suggest.

Dutton opposes Albanese ‘stunt’ to ban cuts to penalty rates

Peter Dutton said he supported the status quo on worker entitlements, while employer groups slammed Labor’s proposal to ban cuts to penalty rates.

Labor will drag Peter Dutton into an election fight over industrial relations, effectively killing off a handful of cases by employer groups to cut penalty rates.

Albanese to ignite IR war with promise to ban cuts to penalty rates

Labor will drag Peter Dutton into an election fight over industrial relations, effectively killing off a handful of cases by employer groups to cut penalty rates.

Small businesses will be given a $2000 tax deduction for tech upgrades, while entrepreneurs will pay discounted tax rates for three years under a $330 million plan.

Dutton announces tax discount for small businesses

Small businesses will receive a $2000 tax deduction for tech upgrades, while entrepreneurs will pay discounted tax rates for three years under a $330 million plan.