An increasing number of apartments being built in Australia’s cities are failing to meet basic requirements.
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Standards for apartments are desperately needed in Melbourne where planning laws allow things banned in cities including New York, Hong Kong, Tokyo and Vancouver.
Australia has committed to a long-term global average temperature increase to no more than two degrees Celsius – yet often envisions a future in which its is a major coal exporter.
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When it comes to climate change and Australia’s economic future, different crystal balls can produce vastly different results.
Public sector workers using both employer and government-sponsored paid parental leave have been accused of “double dipping”.
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The government’s new paid parental leave could also have the effect of limiting conditions for public sector workers.
The government taxation mantra of lower, simpler, fairer doesn’t seem to extend to indexing bracket creep.
AAP/Mick Tsikas
The government is counting on bracket creep to quietly add to its tax collections. But this is simply taxation by stealth.
One in four consumers misjudge the value of the deals offered.
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New research shows one in four shoppers misjudge the value of supermarket deals.
Small business are bound to be happy with Joe Hockey’s tax cut - but gaming of the system may be inevitable.
AAP/Sam Mooy
Treasurer Joe Hockey’s small business package may lead to gaming of the system and fairness is an issue.
Spending on infrastructure in the federal budget appears to serve mainly political aims.
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The two announcements in the federal budget beg the question: is a piece of infrastructure really needed or is it being built to buy popularity?
The shift in the government’s approach to budget repair requires a level of cognitive dissonance.
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The budget trajectory relies on a lot going right at a time when the government hasn’t seen many green shoots.
Commission of Audit chair Tony Shepherd may well be asking: “What happened?”
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The Commission of Audit set the high water mark for reform designed to protect Australia against an economic downturn. One year on, little of it has made it into policy.
Monetary policy is more nimble than fiscal policy.
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A neutral fiscal policy stance should be the general rule for Australia. It is unwise to attempt to use the federal budget to manage economic growth.
Treasurer Joe Hockey has announced new rules allowing the Tax Commissioner will have the power to to recover unpaid taxes and issue a fine of an extra 100% of unpaid taxes, plus interest.
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Only certain multinationals will be targeted under new corporate tax avoidance rules announced by Treasurer Joe Hockey.
For every $1000 of assets the pension will be reduced by $3 a fortnight, under changes proposed in the federal budget.
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The government has dropped plans to index age pensions to CPI and opted instead to tighten income and assets test. These are welcome changes but more needs to be done.
Joe Hockey is betting this budget is inoffensive.
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Small business and families top the list of winners, while tax avoiders and rich retirees stand to lose.
As expected, part-pensioners will be most affected by budget changes.
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Part-pensioner couples who own their own home and assets worth more than about A$800,000 are expected to lose their part-pension altogether, under proposals in the federal budget.
This means the mooted 1.5% cut for small businesses won’t make it to sole traders.
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Budget night included a few surprises for small business owners, including sole traders. The government will provide a 5% tax discount, up to $1000, for unincorporated small businesses.
Treasurer Joe Hockey and Finance Minister Mathias Cormann speak to media during the 2015 budget lockup.
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The impact of 2015 budget measures delivered by the government pale into insignificance when compared with the external factors hurting the budget bottom line.
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Your simple guide to the budget deficit, how the money will be spent and the savings measures we can expect in the years ahead.
Crossbenchers Jacqui Lambie, Ricky Muir and Dio Wang are far from aligned.
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Regardless of what is or isn’t in this week’s federal budget, a disparate group of people stand to make or break any new reform measures.
Treasurer Joe Hockey must weigh all aspects of Australia’s economy in his budget.
AAP/Lukas Coch
As we head into the federal budget tonight, all eyes will be on how the Coalition government might tackle some challenging economic data affecting Australia’s economy.
The government has already made a number of policy announcements about taxes and transfers.
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Amid a rash of leaks and pre-budget announcements, here’s what we know about what’s in and what’s not when it comes to taxes and transfers.
Liberal Democrat Senator David Leyonhjelm has called for a reduction in government spending.
AAP Image/Mick Tsikas
Liberal Democrat Senator David Leyonhjelm has said that probably half to two-thirds of the Australian population is receiving some form of government benefit. Is that right?
Treasurer Joe Hockey may have welcomed this month’s interest rate cut, but it’s now up to the government to boost confidence.
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It will take more than monetary policy to get Australia’s business and consumer confidence back on track.
Prime Minister Tony Abbott and Social Services Minister Scott Morrison hope the government’s childcare policy will encourage more Australians to enter or re-enter the workforce.
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Making the case for subsidising childcare is not as simple as it might seem, and the government’s new childcare package may not pay for itself.
Politicians may place a lot of weight on budget forecasts, but they’re often based on incorrect assumptions.
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Even a basic look back at budget forecasts reveals forward estimates are rarely correct - in good times and bad.
The Australian government needs to be concerned about our rising debt levels.
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In the latest in our Budget Explainer series, Mark Crosby explains debt and deficit and where Australia stands.