Hopes of wartime windfall shot down for federal budget
The federal treasurer is being urged not to grandfather tax breaks for asset-holders in the budget as the economic impact of the Iran war worsens.
The federal treasurer is being urged not to grandfather tax breaks for asset-holders in the budget as the economic impact of the Iran war worsens.
Jim Chalmers is talking down the amount of extra revenue that changes to negative gearing, and the capital gains tax discount will add to the budget.
Middle East conflict has left Australians 'paying the price' but treasurer warns of more pain to come.
Senior economist predicts changes to negative gearing and CGT will reap massive rewards for the nation.
House prices for homes under thresholds for a five per cent deposit scheme are outstripping increases for all other homes.
It takes a year longer to build an apartment compared to a decade ago as a result of onerous red tape, the housing industry says.
Mortgage holders could be hit by five more interest rate hikes before Christmas if there is no resolution to the Iran war soon. Data released by the Australian Bureau of Statistics on Thursday showed the nation’s labour market was still in good shape, with the unemployment rate holding steady at…
Nearly 18,000 jobs were added to the Australian economy in March, but economists are warning it could still prompt the RBA to hike rates again.
One of the world's leading economic bodies has warned a global recession could be on the way if the Middle East conflict is not resolved quickly.
Rises in rents and lack of suitable properties forcing renters to consider share housing or moving in with family.