Michelle Grattan and Mike Callaghan discuss the government's change to super, the complexities regarding it, and whether young people should be able to access it for a house deposit
Michelle Grattan and politics editor Amanda Dunn discuss the latest interest rate rise, the polling reaction to the Super tax hike, the PM's visit to India and the Monique Ryan/Sally Rugg court case
In superannuation, the detail matters, although Treasurer Jim Chalmers would argue there are always points to be nailed down with such changes
Australia faces an unpredictable global outlook, rising interest rates and wages not keeping up with the cost of living.
The Treasurer pointed out the majority of the about $50 billion in super tax breaks go to high income earners
In policy terms, these are important debates. Politically, though, anything to do with superannuation is fraught, especially for a government already grappling with difficult economic issues
For average Australians, the stagnation of real wages has been the most tangible manifestation of the failure of neoliberalism. Yet “wages” are only mentioned four times in Chalmers’ Monthly essay.
Revive is the first step into a new global landscape for which we barely have a language.
Chalmers has bought himself a doozy of a conversation, with his essay advocating we embrace “values-based capitalism”
The treasurer has outlined a blueprint for an economy that will solve problems while still looking after the people at its centre. And despite the detractors, there is much to be said for it.
In this podcast Chalmers also reveals he spoke with Paul Keating while writing of the essay, published in The Monthly.
Chalmers’ essay looks to the future after the uncertainties of three global crises - the GFC, the pandemic, and the energy and inflation shock
God bless Scott Morrison, Labor must say to itself daily, as the former prime minister remains a recurring reminder of the bad old days of a disorderly government.
There were mixed results for the Albanese government from polls take in the wake of its first budget.
Dealing with the crisis, driven by the Ukraine war, is now Labor’s problem, and that gave Dutton something substantial to latch onto.
Michelle with Chalmers, Taylor and Wood.
In this podcast, we talk to Chalmers, shadow treasurer Angus Taylor, and the head of the Grattan Institute Danielle Wood about power prices, tax pressures and spending reforms
The Albanese government’s first budget contains many measures that may contribute to wellbeing, but that’s not the same as being a wellbeing budget.
It’s easy to spot the similarities in how this first Labor budget and its Coalition predecessors approached transport projects. Their eye-watering spending isn’t supported by proper assessments.
The budget earmarked worthwhile climate measures, but many are piecemeal. Amid record-breaking extreme weather in Australia, federal spending on climate action still falls well short.
We sifted through the budget papers so you don’t have to. Here are the main takeaways at a glance.