Personal income taxpayers are shouldering more of the burden, while less revenue is coming from taxes on companies, capital and consumption. Only major reforms will change these sustained trends.
Business leaders some sectors are feeling less positive about the year ahead because consumers are spending less, according to our analysis of the outlook of leaders of Australia’s ASX 200 companies.
The Retail Prices Index (RPI) is responsible for rising rail fares and student loan repayments.
While many market observers blame growing concerns about inflation for the stock market crash, the real culprit may be fears that the economy is about to slow.
While many market observers blame the growing threat of inflation for the stock market crash, the real culprit may be concerns that the economy is about to slow.
Weak Australian inflation and housing credit data mean the Reserve Bank is unlikely to move on interest rates.
In the lead-up to the federal budget, the government has made a number of significant and sometimes surprising policy announcements.
Shadow treasurer Chris Bowen said Australian wages growth is at record lows. Is that true?