government revenues

The federal budget deficit forecast for this financial year has been slashed to just $1.1bn, all but guaranteeing Jim Chalmers will deliver back-to-back surpluses.In a move designed to ease inflationary pressures, the Mid-Year Economic and…

NSW could have been up to $6.2B richer last year if it had adopted Queensland’s lucrative coal royalty system, a new report has found.The newly minted Labor government has not committed to whether they will adopt such a policy, insisting…

Tax breaks on superannuation in Australia are costing a whopping $45 billion a year and are only benefiting the rich, a new report has warned.Generous superannuation benefits are creating “taxpayer-funded inheritance schemes” for the…

Opposition Leader Peter Dutton has shared that his first home cost him $90,000.“One of my proudest achievements was buying my first home at 19-years-old,” he told parliament during his 2022 Budget Reply. “It was nothing flash at $90,000,…