New rate hike fear as Aussie wages spike
With annual wages growth hitting its highest levels in almost 15 years, economists are split on the RBA’s next move on interest rates.
Federal Budget
‘Silly’: Brawl erupts over new money model
One state’s parliament erupted in a shouting match over how vital roads and bridges will be funded, as the federal government tries to claw back billions in cost blowouts.
Why petrol prices affect your mortgage
The Reserve Bank has slugged homeowners with another rate rise and a recent surge in petrol prices is partly to blame.
Shock number facing mortgage stress
Nearly half of household borrowers are facing financial stress ahead of the Reserve Bank’s November rates call, new analysis has revealed.
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PM’s pay freeze was already happening
IT was sold as a last-minute decision by the Government to freeze Federal MPs’ wages to ensure they were hit by Budget pain. But that wasn’t quite right.
Aussie tourism set for Budget boost
TOURISM funding will be increased in the Budget, Trade Minister Andrew Robb says – not reduced as recommended.
14 awesome Australian inventions
WI-FI, Aerogard, plastic money. Who knew one government agency was responsible for such amazing inventions? But with massive budget cuts looming, here’s what’s at risk.
Budget puts freeze on MPs’ salaries
MPs will have their pay frozen for the next year as the Abbott government aims to “lead by example” in what will be a tough Budget.
Defence civilians for the chop
THE Federal Budget will see the start of major cuts to the defence bureaucracy as the first steps are taken towards a Japanese model.
Why Budgets are like comic books
OPINION: Like a good comic book, Federal Budgets are a struggle between good and evil with superheroes and villains. So who will Joe Hockey be?
Budget up in smoke? MPs puff on cigars
THEY’VE said we must do the “heavy lifting” — to save our budget. Now Joe Hockey and Mathias Cormann have been caught sitting back smoking cigars.
Tony and Joe’s tough Budget love
OPINION: The Abbott government’s moment of budget truth has arrived and they are not after your love, so hold on to your hip pockets.
Should the young pay for the old?
WOULD you be prepared to pay more to help finance the retirement plans of octogenarians? That’s what former PM Paul Keating is suggesting Aussies do.
Promises Abbott’s already broken
TONY Abbott made plenty of promises before the election — including no new taxes and no change to pensions — but he is already breaking them.
Original URL: https://www.themercury.com.au/business/economy/federal-budget/page/101