Economy
Clive Palmer joins cross-party chorus for fairer gas tax
Clive Palmer and his United Australia Party have joined a growing chorus of voices calling for a 25% tax on Australian gas exports, saying “We need Australian gas for Australians, not sent offshore to benefit other countries.”
Gender pay gap narrows, yet men out-earn women in almost every occupation
Earlier this week the Finance Minister and Minister for Women, Senator Katy Gallagher released the latest data of the gender pay gap by the Workplace Gender Equality Agency.
CGT discount back in focus as housing debate intensifies
A fresh political battle is brewing over how Australia should fix the housing crisis, with Shadow Treasurer Tim Wilson arguing against changes to the capital gains tax (CGT) despite criticising the scheme in the past.
Latest GDP figures show inflation being driven by profits
The health of the economy was revealed this week with the release of economic growth figures showing the economy grew at a better-than-expected rate of 2.6% for 2025. This compared to the forecast of just 2.2%.
Gender pay gap edges down, but men still dominate Australia’s highest salaries
The Workplace Gender Equality Agency (WGEA) has released their gender pay gap data today and while we took a tiny step closer to pay equity, men are still almost twice as likely to be in the highest earning quartile – earning more than $220,000.
David Pocock calls for inquiry into why Government collects more revenue from beer excise than PRRT
Independent Senator for the ACT David Pocock has called for an inquiry into why gas companies pay less for gas exports than Australians pay in the beer excise.
Japan’s rise as an LNG trader driven by resale of cheap Australian gas, reigniting calls for gas export tax
New analysis shows Japan is emerging as a major player in global gas trading, despite producing no liquefied natural gas of its own – and it’s all thanks to Australia.
The simple question at the heart of the capital gains tax debate: who should pay more tax, minimum-wage workers or wealthy investors?
The debate over the capital gains tax discount comes down to a very simple question: who do you think should pay more income tax? Should a high-income executive who makes a $400,000 capital gain (that is, a profit) from selling an investment property pay a higher tax rate than a full-time retail worker on minimum wage who decides to pick up a few extra shifts?
