![A sugar tax could help tackle Australia's growing obesity rates.](/web/20161122103135im_/http://www.smh.com.au/content/dam/images/g/s/u/z/i/v/image.related.landscape.460x307.gsuw17.png/1479810146805.jpg)
A soft drink tax will make us less fat. But here's what it will do to prices
The United Kingdom, Ireland, Belgium, France, Fiji, Mexico, South Africa and parts of America have sugar taxes. Australia could be next.
Peter Martin is the Economics Editor for The Age.
The United Kingdom, Ireland, Belgium, France, Fiji, Mexico, South Africa and parts of America have sugar taxes. Australia could be next.
Australia's tax system has become skewed towards a growing and apparently untouchable group of 'taxed nots' - they are older Australians who pay roughly $1 billion per year less tax than younger Australians in the same circumstances, according to a new Grattan Institute report.
Much lower than expected wage growth has knocked a hole in the government's budget projections, blowing out deficits right through until 2019-20.
What if the right to an income was as basic as the right to vote?
f you think it's a long time since you got your last pay rise, you are right. The Bureau of Statistics says over the past four years the average wait has climbed from 12 months to 14 months – the longest on record.
Reserve Bank governor Philip Lowe has labelled US President-elect Donald Trump's trade policy "dangerous" and probably his biggest concern.
South Australian Premier Jay Weatherill has committed his state to a referendum on whether to host Australia's first nuclear waste dump, saying he will push ahead despite lukewarm public support.
Eight years in the making, the giant Trans-Pacific Partnership trade deal between Australia, the US and ten other regional powers is as good as dead after the Obama administration walked away from its plan to put it before the "lame duck" of Congress ahead of Donald Trump's inauguration as president.
Suddenly, Trump is good for business.
President Donald Trump will declare economic war on our biggest customer, wipe unprecedented amounts off global stock markets, usher in extraordinary financial instability, and risk turning the the world's biggest economy into a basket case by pushing its national debt past 100 per cent of GDP.
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