The inflation figures released today confirm what we already know: inflation is being driven by higher fuel costs. This points to a supply shock rather than demand-driven inflation, meaning increasing interest rates will just heap more pointless pain on Australian households.
This is the third of three articles examining the value private health insurance and private healthcare bring to the Australian health system.
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The Australian Financial Review (AFR) has this week unintentionally revealed that its scare campaign over the Albanese government’s proposed changes to the taxation of superannuation balances above $3m was completely confected, and it should serve as a lesson for the government and all Australians not to be fooled when the powerful try to scare us.
When asked about his legacy, Anthony Albanese has always been clear about what he wants to be remembered for: universal childcare. It’s a headline vision he shares with a prominent politician on the other side of the planet: New York City’s new mayor, Zohran Mamdani. But while both politicians have stated that universal childcare is their ambition, there’s a big difference between them when it comes to the details.
The ease of creating deepfakes, paired with their potentially dangerous consequences, underscores the need for more widespread truth in political advertising laws.
Corporate tax transparency data shows that for the 10th straight year, Santos has made zero corporate tax payments from nearly $47 billion in sales. This covers the period from 2013-14 to 2023-24 (the most recent data available).
Support for a 25% tax on gas exports is surging across Australia: uniting politicians, big business, environmental organisations, and voters in an ever-growing coalition. This rapidly expanding support has created a unique political window, making it easier than ever for the government to act and secure $17 billion annually for essential services like schools and hospitals, and the momentum is only continuing to build.
This is the second of three articles examining the value private health insurance and private healthcare bring to the Australian health system.
The global fuel crisis has left many Australians confused and overwhelmed, as fuel prices surge and ‘sold out’ signs start appearing at some petrol stations. Matt Grudnoff, Senior Economist at The Australia Institute, breaks down what’s happening and answers a few key questions.
One of the more repeated claims since the announcement that the government would be halving the fuel excise for 3 months is that doing so will be inflationary.
