The policies shaping our future
Conveyancers continue to grapple with the fallout of the federal budget as its proposed tax changes prompt banks to reassess investor loans.
Millions of workers on industry awards will get a 4.75 per cent annual pay rise, but minimum wage earners will receive a larger boost of six per cent.
Dwelling approvals have fallen a further 3.4 per cent, as the treasurer tries to downplay the impact of tax changes on property prices.
Rising interest rates, poor affordability, budget tax changes and a political shift towards lower migration could spell the end of a 30-year housing upswing.
Future generations will be left with a "multibillion-dollar debt bomb" if the coalition repeals proposed tax changes, the treasurer warns.
The industrial umpire will likely hand minimum and award workers a wage rise that sits between employer recommendations and more ambitious union calls.
Tony Abbott has spoken out against other conservative parties, but his vocal nature could cause trouble for Opposition Leader Angus Taylor.
Raft of figures released this week will be closely monitored by the RBA, including national home prices.
Jim Chalmers releases costings suggesting Coalition plans will have massive effect on federal budget in years to come.
But current cost-of-living pressures see Australians wanting at least $1 million in super to fund life after work.
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