Carbon ‘levy’ to supercharge green industry
Former ACCC chair Rod Sims conceded a carbon tax that raised $100bn in its first year represented ‘a big hit’ on around 100 businesses.
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Frontline workers lose under Labor’s tax cuts
Sparkies, paramedics and police officers will be long-term losers under stage 3 changes, as a major credit ratings agency warned Labor’s revamped tax cuts could be more inflationary.
RBA says services inflation key to rate cuts
The Reserve Bank’s head of economic analysis says inflation has eased but is ‘still high’, flagging that a marked decline in persistent price pressures in the services sector would be a prerequisite to rate cuts.
Gen Next ‘to pay price for productivity fail’
An adviser to the Fair Work Commission has warned the Albanese government’s industrial relations reforms would do little to improve the nation’s ‘abysmal’ productivity performance.
‘Kick-start productivity or pay price’: RBA
Reserve Bank governor Michele Bullock says a failure to reboot the nation’s woeful productivity performance risks higher interest rates.
Don’t lose hope for rates relief, economists say
The Reserve Bank will deliver multiple interest rate hikes in the second half of this year, analysts say, despite governor Michele Bullock downplaying the prospect of mortgage relief.
Rate cut on table but RBA warns inflation war not over
The Reserve Bank has held the cash rate at 4.35pc and doused hopes of imminent relief for struggling mortgage holders.
Don’t get your hopes up on rates cut: OECD
The OECD has provided a reality check for those hoping for multiple rate cuts this year, saying monetary policy settings will need to stay ‘restrictive in most major economies for some time’.
Exit stage three: Liberals in tax cuts pivot
Peter Dutton will walk from Scott Morrison’s legislated stage three tax cuts and promise a new plan that combats bracket creep and delivers a better budget bottom line.
ACCC boss spruiks changes to takeover rules
ACCC chair Gina Cass-Gottlieb has described proposed sweeping changes to merger and acquisition rules as ‘major and balanced’.
Original URL: https://www.theaustralian.com.au/author/patrick-commins/page/15