Grattan Institute

Younger Australians helped propel the Labor Party and Anthony Albanese into power at the last election, but new research shows Generation Z and Millennials have lost faith in the government.A survey conducted by youth advocacy group Think…

Jim Chalmers has conceded wealthier Australians will benefit the most from the stage three tax cuts but suggested the policy will protect people on lower incomes from bracket creep.The Albanese government has not made any changes to the…

Hundreds of thousands of Australians could be about to score an increase to their welfare payments in Tuesday’s federal budget.In recent days, reports emerged that the budget would likely include an increase of $3.70 a day to JobSeeker…

Labor would set a dangerous precedent by creating two classes of welfare recipients if it increases JobSeeker only for Australians aged over 55, a leading economist has warned.Grattan Institute chief executive officer Danielle Wood said she…

Government spending needs to be drastically cut and taxes will have to rise to prevent a “persistent structural deficit” which could see Australia’s bottom line sink by around $70 billion a year. A respected think tank has said there are…

Australia could still avoid a recession despite fresh forecasts providing a grim backdrop for the upcoming budget, the Treasurer says. The International Monetary Fund slashed the outlook for the Australian economy overnight and warned the…

With 800 Australians due to retire every day for the next decade, giving them access to a whopping $1.5 trillion in superannation, Baby Boomers are being encouraged to stop hoarding and start spending their retirement funds – or risk new…

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…

A modest change to the way superannuation earnings are taxed has opened the doors to a political firestorm. Opponents have sounded alarm bells about the government’s refusal to index the $3m threshold and confusion over unrealised capital…

More than 500,000 people are likely to be slugged over the coming decades with the federal government’s proposed tax increase for superannuation accounts over $3m. New estimates suggest young people will be left worse off by the tax…