tax increases

Millions of households will secure up to $500 in energy relief in the budget to help cover the cost of soaring bills.Treasurer Jim Chalmers has confirmed that cost of living relief will be the centrepiece of the budget, but it will be…

Treasurer Jim Chalmers has been urged to overturn the RBA’s shock decision to hike rates.Amid fears the latest hike could result in a recession, the government has been urged to take the unprecedented step of direct intervention. “The RBA’s…

Rapidly mounting risks to Australia’s economy may mean that a local recession is inevitable, former Liberal leader John Hewson has warned.Writing in The Saturday Paper, Dr Hewson said Australia’s “Covid-19 mismanagement” combined with…

House prices have been rising faster than almost everything else. When you put money towards buying a house, it means you can’t use that money for other things. So what do we give up when we buy a house? And has it changed over time?Usually…

Treasurer Jim Chalmers has warned the upcoming federal budget would be written on the “backdrop” of a deteriorating global situation and shared new detail on how a likely global recession would hit Australia.“The world is bracing for…