Economy
Why does the winner of The Block get their prize tax-free but the Archibald winner doesn’t?
This year, the winners of The Block took home $520,000 in tax-free prize money. Meanwhile, the winner of the prestigious Miles Franklin Award paid at least a quarter of the $60,000 prize to the tax office. How did we get here and what can be done about it?
The gas industry is ripping us off, and 'it’s been an open secret for years': ACTU
ACTU calls for a 25% tax on gas exports to help fix Australia's housing problem
'If it's a priority, we can always afford it. Anything less is just an excuse'
Australian governments have been urged to stop crying poor and hiding behind the excuse that “we can’t afford” meaningful social progress.
Steven Miles: 'the pathway we took to deliver new revenue into the Queensland Budget a lesson for other states'
Former Queensland Premier, Steven Miles has detailed how his government turned a record deficit during Covid into “the state’s biggest ever surplus”, while also sparing households from extra financial strain.
‘Fireside chat’ with RBA Governor raises more questions
Last night the Governor of the RBA, Michele Bullock had a “fireside chat” at the Australian Business Economists annual dinner.
Who is to blame? In energy, the answer is most likely always gas
A report out today in the AFR suggests that “Australia’s biggest aluminium smelter, Tomago, has started a consultation process with employees on the plant’s potential closure”
The more gas we export, the more it costs Australians in utility prices
Yes, the Queensland gas industry is doing heavy lifting – lifting of gas and electricity prices
End the Airbnb tax breaks. It's a win either way
Our tax system should serve the public, not subsidise speculation. Reforming investor tax breaks would be fair, responsible, and is long overdue.
Supply is not the only cause of the housing crisis, says leading economist
“House prices have massively increased at a time when we’re building houses faster than the population is increasing.”
