This Month
Trump’s ‘one big beautiful bill’ is a danger to Australia
The budget is yet another tool to beat trade partners into submission. It threatens our companies, superannuation industry and sovereignty.
The One Big Beautiful Bill that split Trump and Musk
Elon Musk has finally discovered what the rest of us have known for a while: the Republicans no longer care about fiscal responsibility.
‘A disgusting abomination’: Musk blasts Trump tax bill
The billionaire said that Republicans who voted for what he called the “massive, outrageous, pork-filled Congressional spending” proposal should be ashamed.
May
A complacent Wonder Down Under is heading for a productivity fail
Crazy levels of government spending, and Victoria’s status as one of the most indebted states in the world, helps explain Australia’s miserable performance.
Investors shrug at Victorian debt bomb in search for new safe haven
For all the talk about the age of market vigilantism and deteriorating public balance sheets, there’s no lack of interest in Australian state government bonds.
Beware the rising ‘moron premium’ on US bonds
In one way, Donald Trump is like Republican predecessors – he believes in tax cuts. What is novel is the foreboding he creates about faith in America’s credit.
Numbers Victoria is relying on to kill debt are at odds with the RBA
Official federal estimates don’t support the population growth that Treasurer Jaclyn Symes says will drag the state out of debt.
GST carve-up rewards Victoria’s economic failure
States that are prepared to grow the national pie should not be punished with an ever-dwindling slice.
Trump tax bill holdouts lured with Medicaid cuts, new concession cap
The US president’s “big, beautiful” bill would extend his signature 2017 tax cuts and create new breaks, raising fresh investor concern about America’s debt levels.
Ratings agencies pan Victorian budget’s lack of restraint
A $2.3 billion cost-of-living package including household energy rebates in Jaclyn Symes’ first budget will send debt to a record within four years.
Victorian budget winners and losers
Concession card holders, parents of children at state schools and kids who ride public transport are among those who benefit from the Victorian budget.
Victoria’s finances doing just fine in the echo chamber
It wouldn’t be so alarming were it not for the state’s ballooning debt.
Will Victorian budget avert a full-blown debt crisis?
Jacinta Allan’s government has previously shown an inclination to tax its way out of trouble rather than tackle structural spending problems.
Warren Buffett idea that will never catch on
The legendary investor agrees with Donald Trump on the US trade balance, and has a market-based plan to fix it. But economists say it’s unlikely to become reality.
Agencies warning to Victoria: Slash debt or risk downgrade
The Victorian treasurer is planning for a budget next week that is expected to raise taxes and cut spending, which credit organisations warn needs to be tough.
Australia’s credit rating comes back into focus
Our major banks are among the biggest financial institution borrowers in the world, tapping global markets for about $30 billion to $40 billion every year.
Is America about to nuke its own currency?
Although the dollar’s role as the world’s leading reserve currency plays a part, it is just one of many factors contributing to the US’ persistent trade deficits.
Government debt to hit $1 trillion as soon as September
Economists are urging the re-elected Albanese government to prioritise getting the budget in order or else risk losing the nation’s AAA credit rating.
April
Why your super is the government’s next cash cow
The tax-by-stealth raid needs to be exposed for what it is: a morally dubious cash grab to paper over the government’s own fiscal mismanagement.
Mocking S&P’s credit warning risks Australia’s prosperity
The nation’s AAA rating is not an ornament. It was hard-won through decades of careful fiscal management by successive governments.