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Economy
Greens need more if Labor is to get their support
Senator says the government has ‘pulled up the drawbridge’ in front of young people with its Budget measures.
News
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Economy
Jobless rate sparks predictions of interest rate hold
Weakening jobs market points to Reserve Bank maintaining status quo on interest rates … for the time being.
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Property
Brace yourself for a big fall in house prices
Finance analysts predict the government’s negative gearing and CGT changes to invoke a drop in house prices next year.
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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
‘Structurally sound’: Keating backs budget
Former prime minister Paul Keating is backing the budget, especially changes to the capital gains tax, as businesses continue to criticise the measures.
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Economy
Property purchases down as interest rate shocks hit
Rising living costs and interest rates are hurting housing sales, with a sharp downturn in loans and investor lending.
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Economy
Surprise unemployment jump eases interest rate fears
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.
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Economy
Budget to reveal state’s big debt recovery mission
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.
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Economy
Treasurer blames ‘misinformation’ for war on tax change
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.
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Property
Labor’s Budget threatens to kill the ‘Australian dream’
Small business owners rally together to send petition to Canberra asking to repeal the CGT tax changes.
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Property
Less car spaces to lead to more houses
New report says money saved from less off-street parking could help build at least 9000 more new houses.
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Property
Changes ‘dropped into system that can’t deliver’
Property professionals group says the proposed Budget measures will hit rentvesters hard.
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Property
Experts call for levy to capitalise on missed opportunity
Over $11 billion in windfall gains not going into government coffers, money which could reduce stamp duty.
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Economy
Focus on the skills and not on the numbers, inquiry told
Skilled migrants have much to offer Australia, including as a potential ‘solution to the housing crisis’.
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Property
Conveyancers slam ‘ridiculous’ tax changes
Australia’s conveyancing industry has hit out at last week’s Budget, taking aim at changes to negative gearing and capital gains tax.
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Property
Small businesses become target of Budget conjecture
Government says most small businesses will be unaffected by CGT changes but opposition wants more protections.
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Property
Town ‘sold’ in $5.8B mining mega‑deal
A $5.8 billion mega-coal mining deal has all but put a town up for sale, handing the new owner the mines, hundreds of homes and crucial community services.
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Economy
‘Self-fulfilling’ inflation expectations risk recession
Australia could face a recession if businesses fail to keep their inflation expectations anchored, the central bank has warned.
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Economy
Trust tax changes could mean small business relief
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.
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Economy
Focus on RBA official for verdict on federal budget
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.
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Economy
Mixed results from first post-budget auction weekend
The treasurer and prime minister are doing a sales job on government attempts to boost housing supply as property investors chew budget changes to tax breaks.