May
‘Super-sized hole’ in budget as Treasury revises tax take
Treasury has cut $11 billion from its four-year estimates of revenue from superannuation taxes, as “overly large tax concessions” keep benefiting the richest retirees.
- Hannah Wootton
January
- Analysis
- Income tax
How much tax high earners are really paying
The Albanese government’s move to consider tweaking the stage three personal income tax cuts fuels speculation that relief for high earners could be trimmed.
- John Kehoe
Iron ore price surge delivers Labor an $18b tax windfall
The surge in iron ore to $US145 per tonne bolsters the prospect of a second budget surplus, and comes as Labor plans another round of subsidies for voters.
- Updated
- Michael Read
November 2023
PRRT changes pushed into next year
Senate debate on changes to the PRRT will not occur until February at the earliest.
- Phillip Coorey
December 2022
Budget on track for slim $600m surplus in 2022
The federal budget is tipped for a slim $600 million surplus in 2022 after the latest government monthly financial statements showed the commodity price boom delivering record company taxes.
- Ronald Mizen
July 2022
RBA in a ‘tug of war’ with government
The RBA is playing a game of “Hokey Pokey” with the federal government, with one taking money out of the economy and the other putting it right back in, economist Chris Richardson says.
- Ronald Mizen
February 2022
Deloitte’s Chris Richardson strikes yet another position
Richardson’s latest comments on the federal budget are curious given he spent 2021 articulating versions of the contrary.
- Joe Aston
December 2021
Surging economy to wipe $100b off deficit: Deloitte
Chris Richardson is tipping that Treasurer Josh Frydenberg will deliver a double dose of good news – on jobs and the budget – this Thursday.
- Ronald Mizen
November 2021
Defence and social spending to blow out budget: Deloitte
Long-term spending on defence and social services means the deficit will settle at $60 billion a year, says Deloitte Access Economics.
- Ronald Mizen
October 2021
House prices are not a bubble, says Chris Richardson
Rocketing house prices are not in a bubble but the natural result of historically low interest rates, the veteran economist says.
- Ronald Mizen
May 2021
Growth alone won’t fix the budget
Savings similar to levels last seen in Tony Abbott and Joe Hockey’s politically toxic 2014 budget are needed to balance the books despite an expected $98 billion improvement to the bottomline, according to Deloitte.
- Ronald Mizen
September 2020
Australia’s five most powerful consultants in 2020
Major firms – including the big four – had been posting strong year-on-year growth amid rising demand. Then the pandemic hit, hard and fast.
- Edmund Tadros
Budget jobs trigger will take four years
It will take more than four years and another election for the federal government to achieve its new economic goal of a jobless rate "comfortably" below 6 per cent, new budget analysis says.
- John Kehoe
Keep JobSeeker instead of bringing forward tax cuts: retail boss
Former David Jones boss Paul Zahra says unemployed Australians should not be forced to the poverty line by a windback of JobSeeker.
- Tom McIlroy
July 2020
How did Ross Garnaut get China so wrong?
What Professor Garnaut described as Australia's 'circularity of elite communication' has served the nation well.
- Joe Aston
- Analysis
- Federal budget
New budget thinking needed in 'upside-down' world
Economists say spending more borrowed money during the deep virus-induced recession can help lower unemployment and improve the budget's medium-term health.
- John Kehoe
- Explainer
- Coronavirus pandemic
How COVID-19 is remaking the economy
Coronavirus tested the resilience of healthcare and destroyed tourism, but construction continues and mining remains a bright spot. Here's how other sectors will fare.
- Mark Ludlow
Victoria to feel economic pain longer: Deloitte
Victoria is likely to be the worst-performing state economy during the COVID-19 crisis, suffering "prolonged misery" even as the national economy could recover more quickly than previously forecast.
- Phillip Coorey
April 2019
Miners unwilling to repeat historic mistakes, holding back investment
Deloitte Access Economics warns that miners will be cautious about investing, because they have squandered a commodity boom before.
- Elouise Fowler