‘Savage cuts’: Coalition’s costings slammed
With just two sleeps to go until the federal election, the Coalition has finally released its costings, drawing fire from Jim Chalmers.
With just two sleeps to go until the federal election, the Coalition has finally released its costings, drawing fire from Jim Chalmers.
Anthony Albanese has been unable to rule out increasing taxes after the election, with the Opposition seizing on the admission before Saturday’s election.
Australia’s major parties have been accused of ditching rational economic policies in favour of a “spendathon” to win votes ahead of the May 3 election.
A relief rally added $116b in value to the Australian sharemarket on Thursday following Donald Trump’s decision to pull back from a global trade war.
Treasurer Jim Chalmers and shadow Angus Taylor held a feisty pre-election debate, but the spectre of US President Donald Trump loomed.
The RBA has just delivered a stark warning that Donald Trump’s trade war could trigger disorder in the global economy and hammer Australians.
Union leader Sally McManus has fronted the Fair Work Commission to push for a big minimum wage increase for workers.
Shadow Treasurer Angus Taylor has cited Elon Musk’s Starlink as a source of inspiration, but refused to say whether DOGE cuts are coming to Australia.
A fall in overseas arrivals into Australia could put further pressures on struggling businesses, an economist has warned.
It’s a controversial policy dubbed an “economy killer”, but one detail tucked in Anthony Albanese’s “cost of living” budget reveals Labor is full steam ahead.
The federal treasurer has blasted the opposition for a “stunningly stupid admission” during an animated debate on income tax in parliament.
Labor has passed its $5-a-week tax cut plan, forcing the Coalition to vote against the cost-of-living relief it has already labelled as a “cruel hoax”.
Cost of living relief and a modest tax cut are unlikely to slow the RBA’s progress on cutting rates, according to analysts.
Of all the budget measures Jim Chalmers announced to combat Australia’s cost of living, there was one crisis he overlooked – with devastating consequences.
Original URL: https://www.dailytelegraph.com.au/business/economy/federal-budget