Labor presents Future Made in Australia bill
Labor will seek to enshrine into law its ambitious industrial agenda aimed at driving ‘a stronger, more diversified and more resilient economy powered by renewable energy’.
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RBA board to dismiss energy rebates
The Reserve Bank has signalled it will look past the impact of the federal government’s energy bill rebates when deciding whether to move interest rates.
Policy disaster: Build fast or hit crisis on home front
A new home would have to be built every two minutes to accommodate current population growth and the immigration intake, according to industry analysis.
Relief billions to beat inflation: Chalmers
On the eve of major tax cuts and new energy bill rebates, Jim Chalmers has vowed billions of dollars in energy price relief from federal and state budgets will help the nation beat inflation.
Jim’s fears: inflation doesn’t rate
A $60bn federal and state spending splurge – including tax cuts worth up to $9000 a year for a dual-income household and rebates that will knock as much as $1300 off power bills – begins on Monday.
$300bn hit going to give workers the tax creeps
Workers will be forced to shoulder the burden of fiscal repair via $300bn in higher income taxes through the coming decade, amid warnings that future governments will not be able to deliver tax relief without deeper deficits.
Inflation jump ‘not a turning point in RBA’s outlook’
Reserve Bank deputy governor Andrew Hauser noted there had been ‘substantial market reaction’ to the recent inflation rise but suggested it was ‘not a turning point’ in the central bank’s outlook.
PM’s cost of giving: rise in inflation
Anthony Albanese’s claims that billions of dollars in cost-of-living measures are helping fight inflation are in tatters, after new figures revealed a shock jump in consumer price growth that could force another rate hike as early as August.
Barr’s 13th budget unlucky for ACT
Hefty infrastructure spending, higher wages for public servants, and spending to support Canberrans struggling with cost of living pressures has driven the ACT’s finances further into the red.
Half of us expect an RBA rate hike
Growing worries about the outlook for inflation, the economy and interest rates are underpinning ‘deep pessimism’ among Australian households, despite the imminent arrival of tax cuts and energy bill relief.
Original URL: https://www.theaustralian.com.au/author/patrick-commins/page/2