Economy
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?
Failure to tax extreme wealth will fuel far-right surge, warns Gary Stevenson
British economist Gary Stevenson, known as 'the People's Economist' has delivered blunt advice to Australian politicians during his tour of Australia, warning that living standards will continue to deteriorate unless they start taxing the “super-rich elite.”
National Party seats would be largest beneficiaries from Low-Income Tax Offset reform: new research
Proposed reforms to the Low-Income Tax Offset (LITO) would greatly benefit rural and regional electorates, particularly those currently held by the National Party, according to new research from the Australia Institute.
One Nation unveils policy aimed at taxing gas industry
Today’s announcement by One Nation of its policy to charge the gas industry royalties instead of giving them the gas for free reflects the views of voters across the political spectrum.
