Australian economy
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State government uses its borrowing power to help registered housing associations secure new and affordable stock
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The tax rule would ensure ultra-rich Australians would be unable to reduce their taxable income below a certain level
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Phil Lowe warns the risk of a decline in spending based on household debt levels is hard to quantify and difficult to ignore
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John Alexander maintains Coalition is working on changes to help with housing affordability, despite ministers saying have no ‘intention’ to change CGT
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New Australian undergraduates will contend with an uncertain world of climate change, job insecurity and unaffordable homes. So what are their chances?
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Malcolm Turnbull welcomes the interest rate cut as evidence the house economics committee is holding banks to account
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Malcolm Turnbull says affordability ‘a supply and demand problem’ rather than due to housing tax concessions
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Grogonomics Housing affordability off the agenda again as Turnbull shirks the tax challenge
Greg JerichoDespite growing evidence of the difficulties facing first-time buyers, the Coalition looks unlikely to shift the tax system in their favour
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Prime minister says he understands concerns about banking practices and action is being taken against misconduct
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Climate change threatens the financial system and companies should no longer view it as a future problem, regulator warns
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Ridesharing company loses appeal against tax office ruling after judge decides its offering could be designated a taxi service
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Former Queensland Labor premier excited to ‘lead and shape’ reforms as federal party pushes for royal commission
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The note, to be issued from September, will have a top-to-bottom clear window, similar to the $5 notes launched last year
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Commonwealth Bank CEO Ian Narev says government shouldn’t rule out negative gearing changes to address issue
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Balanced budget needs higher tax take, but which taxes should be hiked?
Stephen KoukoulasScott Morrison is acknowledging that, to keep voters happy with decent services, spending must remain above 25% of GDP -
As Labor, Greens and majority of Senate crossbench rule out passing omnibus savings bill, Mathias Cormann warns the government will have to raise taxes
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Mathias Cormann says there will be no other option if the Senate continues to block cuts to family tax benefts, paid parental leave and unemployment payments
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By 2056 the figure is estimated to reach more than $1tn a year, economic modelling shows, as experts call for national strategy
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Health experts tout health gains of taxing saturated fat, salt and sugar and subsidising fruits and vegetables, with no dent on household food budgets
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Committee for Economic Development of Australia warns Coalition’s plan to return budget to surplus is inefficient and unlikely to succeed
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Senator says savings in $4bn package come ‘at too high a cost’ to Australia families and criticises government tactics in trying to force bill through
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Documents show prime minister knew the failure of Torrens Island plant affected efforts to restart power before he made comments about renewables
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Drivers go slow on Bolte Bridge as Daniel Andrews’ government prepares to deregulate the taxi industry
Manufacturing union calls for land and tax deals for industry to help transition from coal