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Economy
New polling shows support for One Nation is weakening
Labor minister says ‘we have seen a bit of a change in the public mood since Pauline Hanson’s press club speech’.
Latest coverage
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Economy
Confusion still reigns over ‘widow’s tax’ changes
Treasurer says government will fix the tax but ‘we’ll make clear the way that we will fix it in the legislation that follows’.
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Economy
Death or divorce: owners could miss out on tax breaks
The federal government is being accused of a crucial oversight as it tries to ram its overhaul of taxes on investments through parliament.
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Economy
Homeowners told to ‘take a deep breath’ on tax reforms
A major tax overhaul predominantly targeting housing is expected to pass parliament this week despite outcry from the opposition and business groups.
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Economy
The house price question tying politicians in knots
Political leaders insist they want house prices to keep growing as interest rate hikes and new tax changes take a toll on the market.
Economy
New poll shows One Nation will win more seats
Coalition in dire straits but vows to be ‘cool, calm and confident’ in presenting voters with strong alternative option.
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Economy
Labor loses ground but treasurer says ‘it’s worth it’
Chalmers still says reforms are worthwhile but admits Labor has suffered from ‘big partisan political campaign’ against it.
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Economy
Liberals admit mistakes but ‘there is a lot to play out’
Pauline Hanson now preferred prime minister in latest poll as coalition popularity continues to wane.
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Economy
Price falls: Is this the end of homes super cycle?
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.
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Economy
‘Likely he’s lying’: treasurer points finger at rival
Future generations will be left with a “multibillion-dollar debt bomb” if the coalition repeals proposed tax changes, the treasurer warns.
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Market
Labor says tax shift will not sink house prices
Housing minister says the government’s policy will ‘lift the number of homes being built by 420,000’.
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Economy
Coalition to hit budget by billions of dollars, says government
Jim Chalmers releases costings suggesting Coalition plans will have massive effect on federal budget in years to come.
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Economy
Popularity surges: One Nation now number 1
New poll sees One Nation outstrip Labor as Pauline Hanson considers the possibility of becoming prime minister.
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Economy
‘Huge mistake’: how Howard spurred Boomer investors
The share of property investors older than 60 has more than doubled since the capital gains discount was introduced, Reserve Bank of Australia research shows.
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Economy
Flat-packs answer to lack of housing
Government investing in plan to have basic house components prepared off-site and delivered in IKEA-like flat-packs.
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Economy
‘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.
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Economy
Labor defends ‘worst Budget in 30 years’
More than half of poll respondents said they would be worse off with this budget while another poll has Angus Taylor as preferred Prime Minister.
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Economy
Coalition migrant cuts plan triggers ire of uni sector
The universities sector, which relies heavily on fee-paying foreign students, says coalition plans to cut immigration would hurt the economy and cost jobs.
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Economy
Budget brawl escalates over rival tax cut proposals
The government has conceded its budget is unlikely to win immediate support from voters as Labor and Liberals taking aim at each other’s policies.
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Economy
How housing became a generational Budget battleground
Pitting investors against first home buyers in the name of intergenerational equity, Labor’s fifth budget aims to address young people’s housing struggles.
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Economy
Coalition’s bracket creep plan to cost tens of billions
The coalition’s economic plan for Australia would hand back more money to workers by indexing tax rates to inflation at a cost of tens of billions of dollars.
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Economy
‘Uncosted nonsense’: coalition economic plan blasted
Opposition Leader Angus Taylor has unveiled a sweeping economic vision for Australia involving major tax reform and deep cuts to the nation’s migrant intake.
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Economy
‘Desperate’: One Nation lashes coalition policy
The coalition’s pitch to crack down on the number of migrants to ease pressure on limited housing supply has been criticised as a repeat of One Nation policy.
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Economy
Coalition budget reply to link housing, migration rates
Opposition Leader Angus Taylor will outline further details of a promised crackdown on migration in his first-ever budget reply speech.
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Economy
PM’s generational housing gamble
A fight is brewing over housing policy and tax after the federal government handed down a controversial budget, paring back concessions for landlords.
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Economy
Biggest winners and losers from federal budget revealed
There are big changes in Treasurer Jim Chalmers’ fifth federal budget, and not everyone will be happy. Here’s what you need to know.
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Economy
Tax relief for workers and pain for investors in budget
Australians who earn a wage will get $250 in tax relief as part of Labor’s budget, but investors and wealthy families could be left worse off.
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Market
Chalmers says tax changes will ‘level the playing field’
Reductions in the capital gains tax concession and a reworking of negative gearing aimed at helping first home buyers.
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Economy
Billions more set in train for contentious rail project
Extra billions of dollars will be poured into a suburban rail loop as part of Treasurer Jim Chalmers’ fifth federal budget.
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Market
Not migrants: research pinpoints housing crisis culprit
Cutting migration is often touted as the solution to improving Australia’s housing crisis but researchers say there are more effective ways to fix the problem.
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Market
Housing costs lead to inflation spike and there is more to come
Government to closely monitor economic circumstances ahead of Federal Budget.
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Market
Hidden agendas of the few stopping dreams of the many
Economic guru calls out vested interest groups who are blocking ordinary Australians from buying a house
Market
No quick fix for overhauled Liberal immigration plan
The coalition’s plan to curb Australia’s migrant intake will be formally costed before its public release, delaying the exact details of its immigration policy.
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Market
Prime land to hit the market in major defence sell-off
Dozens of historic defence sites around the country will be sold off in a bid to raise more money for the nation’s armed forces.
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Market
Liberals declare war on NIMBYs, promise more homes
A Liberal senator says first homes in Australia are too expensive, arguing a cut to the nation’s immigration intake should be part of the solution.
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Market
Big bank boss takes swipe at surcharge ban consequences
As the Reserve Bank considers a ban on credit card surcharges, the head of the nation’s biggest bank has warned of “wrong assumptions” about the payments.
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Market
Shot to rate cut hopes as coffee leads inflation rise
A stronger-than-expected inflation reading has stunned analysts and dashed any hopes of a Melbourne Cup interest rate cut.
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Market
Hot inflation dashes hope of Melbourne Cup rate cut
The latest inflation figures are lengthening the odds of a cut in interest rates anytime soon.
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Market
Auditor to probe social housing fund’s value for money
The nation’s auditor will investigate whether a massive housing fund set up in 2023 was designed correctly and is delivering value for money.
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Market
Unbridled inflation an each-way bet on Cup Day rate cut
Melbourne Cup day may not prove a winner for borrowers if inflation remains sticky in data released the week before, splitting predictions on interest rates.
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Market
Blow for borrowers as Reserve Bank curbs rate-cut hopes
Crucial economic data in coming weeks could determine when mortgage holders can expect more interest rate relief, the Reserve Bank board says.
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Market
Treasurer defends $4b hit from super tax backdown
An overhaul of a signature Labor tax plan will cost the budget billions, but the treasurer says it shouldn’t be seen in isolation.
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Market
Economy ‘in a good spot’ despite sticky inflation: RBA
Inflation remains a risk in one sector of the national economy which is otherwise sitting pretty, the governor of the nation’s central bank says.
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Market
Renters surprise winners from cheaper mortgage deposits
Despite predictions that a five per cent deposit scheme will drive up house prices, analysts say the government policy could be good news for the nation’s renters.
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Market
‘Perfect storm’ drives up the cost of natural disasters
A new report has put a dollar figure on the impact of Australia’s droughts and flooding rains, with the situation expected to worsen as the world gets warmer.
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Economy
Inflation fading but rate cut doubtful at least for now
RBA boss Michele Bullock grilled by federal MPs on the timing of interest rate decisions ahead of key economic data releases.