The death of the middle class is coming
Australia’s middle class is dying thanks to policy failures, the housing and cost-of-living crises, and a rise in wealth inequality, experts warn.
Australia’s middle class is dying thanks to policy failures, the housing and cost-of-living crises, and a rise in wealth inequality, experts warn.
A big shift is coming to the next budget but Treasurer Jim Chalmers has a warning for anyone thinking it will mean a cash splash is on the way.
Scott Morrison’s exit to join a firm linked to AUKUS has raised eyebrows and renewed calls for tougher lobbying rules.
Millions of Aussies who withdrew their super savings during the Covid-19 pandemic could be left $85bn worse off, as details of the massive taxpayer bill to come are revealed.
There are warnings that price pressures will continue to haunt Australian households, with one area particularly concerning.
Higher taxes could be on the cards if Anthony Albanese takes the advice of a senior department official.
The government will pump almost $5bn into childcare but a leading childcare provider says more is needed to fix a glaring issue for a ‘sector in crisis’.
Peter Dutton’s popularity as the preferred PM has picked up despite Labor’s post-election high, according to a Newspoll.
Jim Chalmers concedes Labor can do more to tackle rising energy prices after his first budget was ripped apart for failing to do just that.
Labor has launched an ambitious plan to ease housing affordability concerns but homebuyers will still likely feel the pain for several years.
Opposition leader Peter Dutton has slammed the federal budget in his reply speech, describing it as a “missed opportunity” to help Aussies doing it tough.
One of the first stops the Prime Minister will spruik his budget is a community where ‘the great Australian dream of home ownership seems completely out of reach’.
Opposition Leader Peter Dutton has claimed people will have to choose between “eating and heating”, with gas and electricity bills set to skyrocket in the next few months.
High prices for electricity could be a global reality for some time, an energy agency has warned, but Vladimir Putin could ultimately be the biggest loser.
Original URL: https://www.ntnews.com.au/news/national/federal-budget/page/27