‘Out of touch’: businesses blast ex-PM
Labor luminary Paul Keating has been panned as "out of touch" with the modern realities of owning a business after backing controversial tax changes.
The policies shaping our future
Labor luminary Paul Keating has been panned as "out of touch" with the modern realities of owning a business after backing controversial tax changes.
Former prime minister Paul Keating is backing the budget, especially changes to the capital gains tax, as businesses continue to criticise the measures.
Rising living costs and interest rates are hurting housing sales, with a sharp downturn in loans and investor lending.
The Australian labour market has shown signs of softening as tens of thousands of people register as unemployed, boosting hopes of a Reserve Bank rate hold.
After the last Tasmanian budget led to a snap election, Treasurer Eric Abetz is expected to chart a path to sustainability in this year's books.
Critics of the government's capital gains tax changes are being accused by the treasurer of overstating how much extra tax small businesses will have to pay.
Skilled migrants have much to offer Australia, including as a potential 'solution to the housing crisis'.
Australia could face a recession if businesses fail to keep their inflation expectations anchored, the central bank has warned.
Federal ministers have flagged the government is open to providing rollover support to small businesses and start-ups, amid looming changes to taxes on trusts.
Investors looking for clues on the next rates move will pick apart minutes from the Reserve Bank's May meeting and a speech by the RBA's chief economist.