Jim Chalmers
Australian real wage growth among worst in OECD
As the government campaigns on the cost of living, the OECD reports Australia’s wage growth lags the UK, Canada and the United States.
- by Rachel Clun
Latest
Exclusive
PwC tax scandal
Treasury threatens to revoke foreign takeovers with PwC links
Treasury is threatening to revoke approval for recent takeovers by foreign companies involving PwC due to concerns the firm may have offered misleading tax advice.
- by Colin Kruger
Rents, weather events and premiums mean fight against inflation not yet won
Australia’s inflation rate has been falling for over 18 months, but rent and insurance inflation are among the household essentials bucking that trend.
- by Rachel Clun
East coast gas crisis to hit sooner than expected: ACCC
The competition watchdog says major new supplies needed by 2027 to stop homes and businesses running short.
- by Mike Foley and Nick Toscano
Opinion
Interest rates
Two reasons why the RBA will have to hike rates again, and soon
When the RBA board next meets, I believe there’s a better-than-even chance it will raise rates for the first time in nine months to 4.6 per cent.
- by Steven Hamilton
Interactive
Income tax
Stage 3 tax cuts calculator: See how much money you’ll get back
The stage 3 tax cuts take effect today. Here’s how much you’ll get back.
Exclusive
Tax cuts
Value of stage 3 tax cuts will be gone soon after next election
Australians will start to see their pay packets improve from Monday as the stage 3 cuts begin, but more tax cuts are needed to stop tax rates climbing higher.
- by Shane Wright
Analysis
Income tax
Sugar hit from stage 3, but the country needs a tax reform diet
From July, $23 billion will flow to hard-pressed Australians as the stage 3 tax cuts begin. But they’re a long way from solving the nation’s biggest tax issues.
- by Shane Wright
Third-largest budget surplus soon to turn into a sea of red ink
Lower spending has helped the budget show the third-largest surplus on record. But it is likely the nation’s finances will shift from the black into the red.
- by Shane Wright
Woolworths and Coles face billion-dollar fines under stronger grocery code
The new maximum penalties – up to $5 billion for Woolworths and $3.8 billion for Coles – are designed to protect farmers and food suppliers in their dealings with the big supermarkets.
- by Natassia Chrysanthos
Analysis
Interest rates
‘Uncertain’ times: Why the RBA’s interest rate decisions are getting harder
The RBA has found itself in uncertain times, as it tries to bring inflation down without driving the country into a recession.
- by Shane Wright