Inflation figures due in less than two weeks will be the key to next month’s rates decision,as the country’s jobs market remains strong despite economic headwinds.
High interest rates and inflation are forcing consumers to slice their spending. That could end up sending the local cafe broke.
As the government campaigns on the cost of living,the OECD reports Australia’s wage growth lags the UK,Canada and the United States.
Treasury is threatening to revoke approval for recent takeovers by foreign companies involving PwC due to concerns the firm may have offered misleading tax advice.
Australia’s inflation rate has been falling for over 18 months,but rent and insurance inflation are among the household essentials bucking that trend.
The competition watchdog says major new supplies needed by 2027 to stop homes and businesses running short.
When the RBA board next meets,I believe there’s a better-than-even chance it will raise rates for the first time in nine months to 4.6 per cent.
The stage 3 tax cuts take effect today. Here’s how much you’ll get back.
Australians will start to see their pay packets improve from Monday as the stage 3 cuts begin,but more tax cuts are needed to stop tax rates climbing higher.
From July,$23 billion will flow to hard-pressed Australians as the stage 3 tax cuts begin. But they’re a long way from solving the nation’s biggest tax issues.
Lower spending has helped the budget show the third-largest surplus on record. But it is likely the nation’s finances will shift from the black into the red.