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John KehoeFinancial Review |
A surge in commodity prices due to the conflict could boost revenue for businesses and the government, but it could also add to rising prices.
Angus Taylor must find a savvy way of communicating the case for economic orthodoxy to a voter base increasingly distrustful of mainstream economics.
While there may be a case to change the 50 per cent discount on capital gains, the economic reality is the tax break is not nearly as generous as its...
With the private sector rebounding, the government should be pulling back to make room for more productive enterprise activity.
Unless there is a sharp change of direction under the Albanese government, the economic realities will catch up with the politics.
Huge economic ramifications are at stake from the inevitable Liberal Party leadership showdown between Sussan Ley, Andrew Hastie and Angus Taylor.
Hot inflation figures mean the Reserve Bank of Australia faces an embarrassing U-turn on interest rates.
It is an upside-down world when Labor, traditionally the working-class party, is using tens of billions of dollars in taxpayer funds to help the...
The more one thinks about it, the more convincing it becomes that the 650,000 SMSFs should pay an annual levy if they want to be covered for losses.
Despite the treasurer’s claim of a “stronger” budget due to higher revenue, under-the-radar spending will contribute to worsening deficits.
Macquarie’s sale of data centre assets may be a canary in the coal mine for a coming financial bust.
In an inconvenient truth, new research shows that high personal income tax rates motivate earners to become leveraged landlords.
Michele Bullock is ringing the alarm on “upside” inflation risks and openly talking about the plausibility of raising interest rates next year.
Australia is pumping infinite money into supply-constrained markets such as disability and childcare, while the government also mandates and helps...
The rebound in the Australian economy should be, and is, good news - but capacity constraints are starting to bite.
It now seems increasingly plausible that the next move in interest rates could just as well be up, as down.
One idea to boost competition is to remove the power of industry incumbents. Two prime examples are the self-appointed “gatekeepers” in medicine...
The two-year-old Compensation Scheme of Last Resort to bail out victims of poor financial advice and fraud is turning into a slippery slope.
The lower speed limit means the economy cannot afford as much income growth for people, and that living standards will increase by less than in the...
Solid employment, wage rises and weak labour productivity are conspiring to fuel sticky inflation.
Profligate industrial subsidies could fuel a culture of rent-seeking by businesses, diverting companies away from innovating to address market...
The opposition leader, who is a long shot to ever become prime minister, has nothing to lose and appears to be prepared to take risks.
A jump in the unemployment rate to 4.5 per cent puts a rate cut in play, but the Reserve Bank will wait for crucial inflation data before making a...
Sure, tax reform is very politically difficult. But we shouldn’t gild the lily that Jim Chalmers’ original superannuation tax proposal was serious...
If politicians wait too long for high take-up rates of EVs before starting a road user levy, the political resistance against reform will be much more...
Consumers are finally spending more as their real incomes recover and the rise in house price makes them feel wealthier.
The next election could be an old-fashioned philosophical contest between Labor and the Coalition on the size of government, spending and taxation.
Labor will be tempted to try to close down tax breaks and perceived loopholes, such as the capital gains tax discount, in the name of...
The government has inadvertently helped enrich powerful gangs who are resorting to violence to retain their financial advantage.
While working from home benefits experienced staff, it disadvantages one group more than others, a study by three female economists has found.
Nationalising the first buyer LMI market could cut competition and put upward pressure on premiums for investors and first buyers not eligible for the...
The treasurer hints that the government take is going to rise, but he doesn’t want working-age people to shoulder the burden.
Politicians no longer want to do the hard policy work of growing the economic pie through productivity-boosting reforms to generate prosperity.
A week out from Jim Chalmers’ economic roundtable, the Reserve Bank has pulled back the curtain on the Australian economy.
The Productivity Commission and Treasury want to avoid granting cuts to the two industries, but there are other options worth exploring.
There are two reasons the PC wants to redistribute the tax burden away from small to medium companies and towards the nation’s largest companies.
The unexpected jump in the unemployment rate to 4.3 per cent will put scrutiny on the RBA’s surprise decision not to cut interest rates this month.
Unless there is a fundamental mindset shift by Labor, the private sector will remain stuck in the doldrums, and we will retain an inflated,...
Governor Michele Bullock took the rare step of thumbing her nose at almost every market economist and trader by holding rates steady.
The government in the nation’s capital is spending uncontrollably, inventing dishonest taxes and overseeing a flawed education system that is...
John Howard and Peter Costello have weighed in on Jim Chalmers’ productivity and tax agenda, 25 years after implementing the GST.
The treasurer will embark on a long-overdue tax reform, but it remains to be seen whether Labor can implement the changes needed to improve living...
Treasury claims more than $50 billion in revenue is being forfeited for super tax breaks every year. This is misleading.
Anthony Albanese’s plan to host a productivity roundtable is an opportunity to put overdue tax reform on the government’s agenda.
There are two worrying trends in the national accounts released on Wednesday.
The prime minister should be wary of cutting short-sighted deals with Donald Trump and instead focus on domestic policies he can control to improve...
The treasurer’s hope for the economy to shift from government spending to business-led growth may be on shaky ground.
If Jim Chalmers serves as treasurer for nine years, the performance of the Australian economy will be his to own.
The US president’s name is not mentioned once, but his presence permeates throughout the Reserve Bank’s analysis.
The organising principle that can unite conservatives and moderates in the Coalition must be economic management.