Millions of Aussies set for pay rise
Australia’s workplace umpire has revealed its reasons for increasing the minimum wage for 2.6m workers by another 3.75 per cent.
Australia’s workplace umpire has revealed its reasons for increasing the minimum wage for 2.6m workers by another 3.75 per cent.
Aussie shares shrugged off a grim night on Wall St to end a three-day losing streak and finish the week with a broadbased rebound.
With the commencement of the Albanese government’s 1.2 million homes target less than one month away, housing approvals continued to disappoint.
The Australian sharemarket fell for its third straight session on Thursday, dragged down by Wall St, inflation fears and a tumble at BHP.
The Treasurer has hit back at claims minimum wage workers should receive a smaller increase from July due to the stage 3 tax cuts.
The Prime Minister was unapologetic as he launched a major defence of his tax overhaul amid a repeated demand for him to call an early election.
Anthony Albanese has not ruled out negotiating with the Greens to get his overhaul of the state 3 tax cuts passed through parliament.
The Prime Minister faced a grilling over his call to break a major election pledge on the stage three tax cuts.
The former Sunrise host has given Anthony Albanese his tips on delivering timely cost-of-living relief to Aussies doing it tough.
Buoyed by a rally in material stocks on Wednesday, the Australian share market edged higher to finish in the green.
Just how much Australian taxpayers can expect to receive from the Albanese government’s overhaul of the stage three tax cuts has been revealed.
Federal cabinet and the Labor caucus will reportedly consider an overhaul of the tax package due to take effect mid-year.
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.
Original URL: https://www.ntnews.com.au/business/economy/federal-budget/page/32