Hard decisions to optimise ‘ambitious’ measures
Treasurer outlines the three pillars in the Budget he hopes will keep the economy moving forward.
Treasurer outlines the three pillars in the Budget he hopes will keep the economy moving forward.
Spillover from the Iran war and an uptick in risky lending to first-home buyers could threaten Australia's financial stability, the Reserve Bank warns.
A rise in unemployment and a surge in hiring point to conflicting impulses in Australia's labour market, but conditions remain relatively tight.
A decline in the participation rate is keeping the jobs market tight and contributing to inflation, even though growth in new jobs is not particularly strong.
Winding back the capital gains tax discount could reduce property prices by about four per cent, compared to what they would be under a no-change scenario.
Almost a quarter of the benefit of the capital gains tax discount goes to just five of Australia's wealthiest electorates, entrenching inequality, critics say.
RBA wants to cool the economy but warns of dangers if they fail to keep inflation in check.
Parliamentary report has found CGT has seen the housing market lean more to investors than owners.
Tightest vote in recent times sees Reserve Bank again try to put a stop on rising inflation.
Research suggests Budget will be positively impacted by billions in forgone revenues.