The new cost of seeing the doctor
AUSTRALIANS are almost certain to pay a fee for the doctor, as the Prime Minister said “free services to patients are certainly not free to taxpayers.”
Economy
Abbott: Debt levy an ‘appropriate measure’
A DEBT levy in the form of tax increases is now certain in Tuesday’s Budget, and according to Tony Abbott “we are all in it together”.
‘We’re not doing this for fun’
FINANCE Minister Mathias Cormann has all but confirmed a debt tax is in the Budget, as Tony Abbott refuses to, saying “we’re all in this together”.
Politicians: You can’t trust them
TONY Abbott is in the middle of his ‘Gillard moment’, but he’s far from the first Australian politician to be caught out. Here’s the hall of shame.
How did we get in this mess?
AUSTRALIA made a big choice 13 years ago. Now it’s really starting to hurt our hip-pockets. And both parties are to blame.
The PM should ditch the debt tax
THE people hired Tony Abbott and Joe Hockey to fix the nation’s budget defict. Turns out, they underquoted for the job, writes Jessica Irvine.
RBA leaves rates on hold at 2.5 per cent
THE Reserve Bank has opted to leave the official cash rate on hold at 2.5 per cent in May in a move that was widely expected by markets.
Hockey must pay off our credit card
OPINION: Higher taxes or lower spending, there’s no other solution to Australia’s budget woes, but how did it get so bad? Jessica Irvine explains.
This man is Abbott’s Debt-inator
HE EVEN speaks like Arnold Schwarzenegger. Meet one of Tony Abbott’s favourite henchman. His mission? Exterminating debt.
The great economy myth: ‘There is no crisis’
AXING 15,000 jobs, ending universal healthcare. All necessary as we head into a “cyclone” according to the Commission of Audit. But are things really that bad?
Audit report: Five-minute guide
THE Federal Government’s Commission of Audit has proposed to drastically change how we live our lives. Here’s a quick guide.
Broader GST better than debt tax
BROADENING the GST to health, education and fresh foods would raise more in one year than Tony Abbott’s mooted debt tax would in four.
Abbott’s pre-budget bombshell
A REPORT out today will highlight changes due in the budget, with education, doctors payments and pensions under review. Here’s what to worry about.
China economy ‘to overtake US’
AFTER more than a century on top, the US is set to be overtaken by China as the world’s biggest economy this year.
The words haunting Tony Abbott
IT LOOKS like many of us are about to get slugged with a big tax bill. Unless the Prime Minister’s own words scare him off.
Families to cop it in Budget
TONY Abbott says the Budget will be in surplus within a decade and income tax could be reduced within five years after savage pruning. So who suffers?
WA is still top Aussie economy
FORGET the east coast, WA is still the country’s top economy with the tail end of the mining boom. But you won’t believe who came in second.
Why Hockey’s budget will hurt
TREASURER Joe Hockey’s budget dilemma comes from a failed superannuation system, as the age pension is already our biggest drain.
Hockey reveals pre-Budget horror
UPDATE: Labor is angered the Abbott government appears likely to make changes to the pension, while still pushing ahead with its Paid Parental Leave Scheme.
The economic devastation of war
THE Great War that erupted 100 years ago remains the single most cataclysmic event this nation has known, writes Jessica Irvine.
Waiting for payday? You’re not alone
AUSTRALIANS are battling to get by with two in three admitting to being strapped for cash between pay days. This is the reality of our cost of living hell.
CPI up 0.6% in March quarter
THE price of Australian consumer goods and services rose 0.6 per cent in the March quarter and is up 2.9 per cent annually, ABS figures report.
Is your industry set to boom?
FORGET mining, there is another sector of the Aussie economy where the good times are set to roll and it’s much closer to home. Find out who’s in for a win.
Palmer Senator: Bring back the draft
A FORMER Australian Army soldier has proposed bringing back national service to help the economy. “If war shows up on our shores, we’re in trouble.”
Finland losing its credit cred
FINLAND’S top-notch AAA credit rating has been downgraded by another agency, a blow to a country considered the most creditworthy in Europe.
China slowdown can be ‘positive’ for Aust
CHINA’S growth is slowing but Australia has much to gain from its growing middle class, a prominent American economist says.
CPI up 0.8 per cent in December quarter
THE price of Australian goods and services rose 0.8 per cent in the December quarter, according to ABS figures out today.
Our home ownership dreams live on
HOME loan demand has climbed to its highest level since the GFC – thanks to low interest rates and a resurgent building industry.
Telstra sells Sensis stake for $450m
TELSTRA has sold a majority stake in its directories business Sensis to US-based Platinum Equity
What happens when the mining boom ends?
A VERY remarkable thing is happening to the Australian economy; something we’ve never achieved before.
Online sales push towards $15b
AUSTRALIAN online retail sales grew by more than 10 per cent in the 12 months to November and are likely to grow even faster this year.
US dole cut off for 1.3m jobless
MORE than 1 million Americans face a bleak post-Christmas jolt as unemployment benefits are set to be cut off this weekend.
Bitcoin operator halts after warning
INDIA’S biggest Bitcoin trading platform has suspended operations after the central bank warned against the risks of using virtual money.
Stores open 100hrs for Xmas shoppers
SOME stores are ending the holiday shopping season the same way they began it – with round-the-clock, marathon shopping hours.
Politicians, where’s the money gone?
CALL it gallows humour. Asked this week if he would ever deliver a budget surplus, new Treasurer, Joe Hockey, joked: “Depends how long I live.”
Dole queue jump sees payments hit
NUMBER of people on the dole jumps 20 per cent in a year to over 800,000, forcing the Government to target family payments.
Kim Jong-un more ruthless than his father
KIM Jong-un has turned on North Korea’s economic elite, executing some of the country’s most powerful people. Could he be more ruthless and unforgiving than his late father?
Where Hockey can save $667B debt
EVERYTHING but raising the GST is on the table as the Coalition aims to tame its $667 billion debt bomb. Where the cuts will most likely be made.
Original URL: https://www.heraldsun.com.au/business/economy/page/148