Grim warning as tax cuts hit wallets
Aussies will be richer with the arrival of Stage 3 tax cuts, but experts are warning the boost could trigger higher inflation and send mortgage payments soaring.
Economy
Aussie businesses wobbling on flat turnover
It’s been a difficult few months for business in Australia and there’s no end in sight, with turnover down for the month of May.
KFC entry triggers fury on famous street
Locals in one multicultural jewel are clucking with anger over plans for a new KFC restaurant in the area, with fears “little guys” could be pushed out.
Property investor slams ‘boomer bashing’
A property investor has slammed young Australians for “boomer bashing”, claiming it’s not easy to be a landlord.
More Stories
ASX nears record high
The ASX came within 2.3 points of breaking its record high set almost two and a half years ago.
Sign Aussies battling in price hike crisis
Shoppers, struggling with cost of living pressures, shut their wallets in December following the bumper Black Friday sales.
‘It’s not enough’: Albo faces youth backlash
The PM has come under pressure from aggrieved young Australians, who say they “can’t get by” unless they receive additional support.
ASX rallies on energy stock surge
The energy sector propelled the benchmark higher on Monday as fears of a broadening of conflict in the Middle East intensified.
Chalmers slaps down bosses’ wage call
The Treasurer has hit back at claims minimum wage workers should receive a smaller increase from July due to the stage 3 tax cuts.
Weird way Aussies are using cash
Bank notes are being used in a surprising way by many Australian households, according to a fresh report.
‘Damn lies’: Real reason you feel so poor
Australia’s GDP is more than healthy yet everyone feels squeezed – but the story of the Aussie economy isn’t as simple as it may first seem.
Brutal extent of back-to-school costs exposed
An Aussie mum of four has revealed the brutal financial cost families like hers are facing to get their kids ready for school.
Original URL: https://www.couriermail.com.au/business/economy/page/174