No new help for households after big surplus
The Albanese government is celebrating its budget surplus, but it’s still unclear when household budgets will get some reprieve.
The Albanese government is celebrating its budget surplus, but it’s still unclear when household budgets will get some reprieve.
The Albanese government is celebrating its budget surplus, but it’s still unclear when household budgets will get some reprieve.
Labor is set to reveal a budget first since the 2007-08, confirming a back-to-back budget surplus that exceeded May forecasts by $6.5bn.
Labor is set to reveal a budget first since the 2007-08, confirming a back-to-back budget surplus that exceeded May forecasts by $6.5bn.
Australia’s workplace umpire has revealed its reasons for increasing the minimum wage for 2.6m workers by another 3.75 per cent.
Aussie shares shrugged off a grim night on Wall St to end a three-day losing streak and finish the week with a broadbased rebound.
With the commencement of the Albanese government’s 1.2 million homes target less than one month away, housing approvals continued to disappoint.
The Australian sharemarket fell for its third straight session on Thursday, dragged down by Wall St, inflation fears and a tumble at BHP.
The central bank has issued a note of caution following the release of firmer-than-expected inflation figures.
Australian shares slumped on Wednesday after hotter-than-expected CPI numbers renewed inflation fears and narrowed the likelihood of rate cuts this year.
Labor’s Industry Minister is advocating for a cut in corporate taxes to help companies have the capital to invest in the future.
Ten of 11 industry sectors ended in the green on Monday in a rebound ahead of crucial retail and inflation data.
Shadow treasurer Angus Taylor appears to have contradicted his own party’s proposed cuts to the net migration intake, after indicating a completely different figure to one proposed just days ago.
Aussie households are being ripped off at an astonishing rate by energy “vampires” that rack up charges on household power bills even when turned off.
Original URL: https://www.themercury.com.au/business/economy/federal-budget/page/13