IMF drops Aussie interest rates bombshell
The IMF has warned the Albanese government must slash spending and the Reserve Bank should hike rates even further.
The IMF has warned the Albanese government must slash spending and the Reserve Bank should hike rates even further.
The budget bottom line is set to benefit from billions of dollars in extra tax collections due to iron ore prices, economist predict, which will likely deliver a second surplus for the Albanese government.
Even as cooling inflation data suggests less pressure on the central bank to tighten further, economists are at odds on its next move.
Australians haven’t let the cost-of-living pressures stop them from flocking to the shops to spend up on seafood.
IT was enough to make wine drinkers reach for a glass of something much stronger. Hidden deep within the budget papers was a very nasty surprise.
BUDGET papers reveal the search for missing Malaysia Airlines flight MH370 is expected to keep costing Australians for years to come.
AFTER months of calls within the Abbott government to target the national broadcaster, the Budget reveals funding cuts will hit the ABC and SBS next year.
DOLE bludging may have been a valid lifestyle option for Aussies in years gone by, but the Federal Budget contains major shake-ups to stamp it out.
UNIVERSITIES will be able to decide how much they charge students for degrees, which will hit students with earlier repayments for their debts.
OPINION: Like any good horror movie, the really scarey part of Treasurer Joe Hockey’s 2014 Budget comes right at the end, says Jessica Irvine.
PATIENTS will have to pay extra for prescription medicines as the price of a script will rise, so the Government can save $1.3 billion.
TREASURER Joe Hockey confirms workers earning over $180,000 will help “repair” the budget by paying a 49 per cent tax rate under a temporary levy.
MORE than 2200 defence civilians and contractors will be sacked to yield savings of $600 million to a steadily growing defence budget.
OPINION: This Federal Budget comes from the Dummies Guide For Politicians – and it’s way more cautious than the reality as David Koch explains.
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