Today’s inflation caused by yesterday’s COVID spending

Today’s inflation caused by yesterday’s COVID spending

The federal government spent $343 billion on combatting COVID-19. A review finds that while useful,some of that spending exacerbated today’s inflation pressures.

  • byShane Wright

Latest

No budget spendathon as shoppers finally see inflation relief

No budget spendathon as shoppers finally see inflation relief

Nervous government backbenchers looking for budget handouts have been warned by Treasurer Jim Chalmers there will not be a pre-election cash splash.

  • byShane Wright
‘Problematic’ gambling company tax breaks on Chalmers’ radar

‘Problematic’ gambling company tax breaks on Chalmers’ radar

Treasurer Jim Chalmers has indicated the government will tighten its focus on gambling companies’ use of R&D tax credits,which can total tens of millions.

  • byMillie Muroi
Global bloodshed biggest threat to economic recovery:Chalmers

Global bloodshed biggest threat to economic recovery:Chalmers

Treasurer Jim Chalmers has used an address to the International Monetary Fund to warn growing military conflicts pose a risk to the global economy.

  • byShane Wright
Stamp duty,councils and big business’s $10b shot at the housing crisis

Stamp duty,councils and big business’s $10b shot at the housing crisis

The nation’s peak business group will propose a $10 billion federal plan to build more homes and slash the cost of construction.

  • byDavid Crowe
Election battle in aisle nine. Albanese goes retail in fight for votes

Election battle in aisle nine. Albanese goes retail in fight for votes

The prime minister has taken retail politics to a new level – straight into the nation’s supermarket aisles.

  • byShane Wright
Advertisement
Shoppers trapped by dodgy practices to win relief

Shoppers trapped by dodgy practices to win relief

Dodgy practices aimed at parting shoppers from their money will soon be banned under a government plan to bolster consumer protections.

  • byShane Wright
Cash v debit card fees:There is no free lunch

Cash v debit card fees:There is no free lunch

The government has picked debit card surcharges as the latest enemy to target in its fight to conquer the cost of living crisis. But beware the pea and thimble trick.

  • byElizabeth Knight
Debit card surcharge ban in government’s sights

Debit card surcharge ban in government’s sights

Consumers’ anger with debit card surcharges has been growing for months. The government says it is prepared to ban them.

  • byShane Wright
State of US vote system puts ours in good light

State of US vote system puts ours in good light

The only upside of watching US elections and electoral processes is,as Peter Hartcher says,to develop or renew one’s own appreciation of Australia’s electoral system

What a Middle East oil shock could mean for Australians
Analysis
Energy

What a Middle East oil shock could mean for Australians

Treasury modelling suggests a sustained 10 per cent increase in the oil price over a year would add about 0.4 of a percentage point to the inflation rate.

  • byNick Toscano