Rishi Sunak’s government is set to deliver its first budget statement on November 17 2022.
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Sunak and Hunt may hope for some normality after the budget, but markets may not be so content with the details.
Former British Chancellor of the Exchequer and new Tory leader Rishi Sunak is set to become the next UK prime minister.
Neil Hall / EPE-EFE
Rishi Sunak is taking over as UK prime minister from Liz Truss during very difficult economic times.
By sticking to a tax-cut plan made in 2018, the Albanese government must choose between debt and services.
Kwasi Kwarteng and Liz Truss at the Conservative Party Conference, October 2022.
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Some taxes are more popular than others in the eyes of the public.
Will he stay or will go?
The expected relationship between government and central bank policy has broken down in the UK.
Cast Of Thousands / Shutterstock
An economist explains what young people need to know about the mini budget, and how to protect yourself financially.
That sinking feeling.
The markets have thumped the new UK government over its fiscally bold ‘mini-budget’.
The tax cuts only look big when compared to no cuts, an alternative that isn’t realistic.
Liz Truss’s plan to cut taxes appealed to Conservative Party members.
Tolga Akmen / EPA-EFE
Why the new UK prime minister could struggle to translate her low-tax strategy to the general public.
Tolga Akmen / EPA-EFE
The likely next prime minister is focusing on tax cuts to solve inflation.
The final stage of the Coalition’s tax cuts, worth more than $240 billion over a decade, is now in the gun sights of many critics, who are calling on Anthony Albanese to dump his promise to deliver it.
For decades fiscal drag has largely been ignored. But rising inflation has put New Zealand’s tax brackets, and what the government is going to do about them, under the spotlight.
What tasks lie behind the door to 11 Downing Street, the official residence of the UK Chancellor of the Exchequer?
As the Johnson government ends, here’s what lies ahead for a new UK chancellor
Some earners will take home less after a tax switch legislated years ago and now supported by both sides of parliament.
With polls showing Scott Morrison in a trough, Labor has become more optimistic about its election prospects and Anthony Albanese is ditching any baggage in pursuit of a win.
New tax office figures show only 2% of Australians earn more than $211,000 a year.
Michelle Grattan discusses the 2020 budget with Professor Robert Tanton of NATSEM
The budget needs to spend big, but it shouldn’t stop there.
Jim Chalmers on tax cuts, inequality, and the Queensland election.
Michelle Grattan sits down to talk with Shadow Treasurer Jim Chalmers
We are failing to collect and giving away in tax concessions hundreds of billions.