Labor ‘miles off’ its homes target
The pace of home-building approvals is failing to keep up with the rapid rise in population, with the relative number of approvals at a multi-decade low.
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Banks’ fear of risk limiting productivity
Despite the growing importance of smaller firms in lifting Australia’s woeful productivity, banks are refusing to lend to them, the RBA’s assistant governor says.
Focus on clauses costing us pay rises
The release of a Treasury paper into the uses and abuses on non-compete clauses in workers’ contracts is the first step to a potential regulatory response to what experts believe is an anti-competitive trade practice.
Mood builds for cut in interest rates
The Reserve Bank board did not explicitly consider the case for a rate rise at its March meeting, as new minutes revealed members were feeling more confident that ‘still high’ inflation was tracking lower as expected.
Low paid better off with Coalition: analysis
Wages for Australia’s lowest paid workers have fallen in real terms through Labor terms of government over the past four decades, and have climbed under the Coalition.
Inflation steady at 3.4pc amid interest rate pain
Inflation stays at 3.4 per cent in more good news for the RBA as it battles to bring consumer price growth under control, but there was bad news for renters.
Unions seek 5pc minimum wage rise
Unions will push for an above-inflation 5 per cent increase in minimum and award wages for 2.9 million workers, exceeding the government’s call to keep the rise in line with the consumer price index.
Greens’ ‘break-up’ legislation warning
The Business Council of Australia has warned families will pay more on supermarket bills, not less, if ‘extreme’ Greens legislation allowing courts to break up large companies is passed.
ALP: minimum wage rise should match inflation
This year’s minimum wage rise could be less than half of 2023’s historic 8.2 per cent increase, with the Albanese government backing a boost that matches the much lower rate of inflation.
Super on paid parental leave doubles in cost
Labor’s commitment to pay super on top of taxpayer-funded paid parental leave could cost about $430m in its first year, double earlier estimates, as Katy Gallagher refuses to provide costings.
Original URL: https://www.theaustralian.com.au/author/patrick-commins/page/10