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Federal budget

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End the creep: Former RBA expert backs annual tax relief for millions

End the creep: Former RBA expert backs annual tax relief for millions

Luci Ellis, Westpac’s chief economist, says there’s a big case for increasing tax thresholds each year. Without end, taxes will keep rising forever.

  • by Shane Wright

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Morrison currently holds the golden chicken trophy. Could Chalmers be next?
Opinion
ALP

Morrison currently holds the golden chicken trophy. Could Chalmers be next?

The prize for counting budget chickens will always be a tight contest when politicians spend so much of their time listening to themselves and each other.

  • by David Crowe
The little luxuries households are skipping as they plan to bank their tax cuts

The little luxuries households are skipping as they plan to bank their tax cuts

The Reserve Bank is relieved that many households have increased their savings as interest rates rose, but hospitality is feeling the brunt.

  • by Rachel Clun
Premiers urge Shorten to put the brakes on NDIS changes

Premiers urge Shorten to put the brakes on NDIS changes

State and territory leaders have banded together to warn that Australians with a disability will be worse off unless the NDIS minister slows his plans to clamp down on the $44 billion program.

  • by Natassia Chrysanthos
What Australians plan to do with their $300 energy bill subsidy

What Australians plan to do with their $300 energy bill subsidy

Most Australians say they will use it to increase savings or pay down loans, countering fears of a spending splurge that would fuel inflation.

  • by David Crowe
Page 97 of the budget kept me awake at night, and is a stain on Morrison’s legacy
Opinion
Opinion

Page 97 of the budget kept me awake at night, and is a stain on Morrison’s legacy

A $6.5 billion funding allocation is an indictment against the Coalition’s treatment of veterans, and the backstory to it enough to make your blood boil.

  • by Shane Wright
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Why Labor’s budget is not enough to reverse its two-year slump

Why Labor’s budget is not enough to reverse its two-year slump

It is not unusual for governments to suffer a slump after two years in power – it happened to John Howard in 1998 and he recovered. But there are danger signs for Labor.

  • by David Crowe
Money can’t buy everything, but Chalmers can buy an inflation reduction

Money can’t buy everything, but Chalmers can buy an inflation reduction

The treasurer’s use of new policy tools to solve new kinds of inflation has enraged many commentators, but the anger of those stuck in the past doesn’t mean we shouldn’t be looking to the future.

  • by Richard Denniss
How the budget was hijacked by a $300 cherry on the top

How the budget was hijacked by a $300 cherry on the top

The energy rebate is a perfectly sensible device to hasten progress in getting inflation down to the target zone.

  • by Ross Gittins
Dutton’s grim picture is close to reality, but his migration schtick isn’t the solution

Dutton’s grim picture is close to reality, but his migration schtick isn’t the solution

In treating migration as his golden leadership goose, Peter Dutton is making a classic political mistake, which is to identify your strength and then over-emphasise it.

  • by Sean Kelly
Voters favour deeper cuts to migration as Labor misses budget boost

Voters favour deeper cuts to migration as Labor misses budget boost

As a bruising political fight over housing and congestion continues, polling shows half of all voters want more done to curb immigration.

  • by David Crowe