‘Right thing’: Fury over super tax
A fresh fight is looming between Labor and the Greens, this time over changes to tax on massive super balances.
A fresh fight is looming between Labor and the Greens, this time over changes to tax on massive super balances.
Australia’s grim economic outlook has been revealed, with the federal budget tipped to have its sharpest retraction since covid.
A report into the cost-of-living crisis facing households says they are worse off now than two years ago, with pleas for Anthony Albanese to call an urgent meeting.
The ASX 200 rose slightly during Friday’s trading, as the market had a benign broad based rally as Donald Trump announced more key appointments.
The OECD says the world economy is “turning a corner” on inflation and offers a bullish read on Australia’s outlook for 2025.
The Aussie sharemarket dipped lower on Wednesday as bank stocks tumbled.
The Reserve Bank is sticking to its guns not to cut the official cash rate while inflation remains too high, despite growing pressure to do so.
The Reserve Bank is sticking to its guns not to cut the official cash rate while inflation remains too high, despite growing pressure to do so.
The sharemarket dipped lower on Tuesday as the RBA delivered some hawkish rhetoric on interest rates, even as the miners boomed on fresh Chinese support.
The Australian sharemarket tumbled on Monday as supermarket giants Coles and Woolworths retreated on the ACCC’s bombshell legal move.
More and more Australians are taking on multiple jobs to keep their heads above the water, but the issue runs deeper than just cost of living.
The world’s biggest economy has just cut interest rates by a “jumbo” 50 basis points. Here’s what that means for Australia.
The Australian sharemarket booked a fresh record high on Thursday as investors celebrated the US Fed’s “jumbo” rate cut.
The local sharemarket traded flat on Wednesday as investors moved cautiously before Thursday morning’s pivotal Fed rate cut decision and the release of key jobs data.
Original URL: https://www.themercury.com.au/business/economy/federal-budget/page/6