S.Korea to hike taxes on companies, the rich
One of the hikes would put the country's top corporate income tax rate on par with the average of the world's 20 major economies, at 25.7 per cent.
One of the hikes would put the country's top corporate income tax rate on par with the average of the world's 20 major economies, at 25.7 per cent.
Plunging under-40s home ownership could spark a youth rebellion like the one that nearly swept hardline British Labour leader Jeremy Corbyn to power
Following the investigation, the US could impose steep tariffs on Chinese imports, rescind licences for Chinese companies to do business in the US, or take other measures.
The latest measures are the most stringent on record and signal government worries that rampant household debt could imperil the economy if left unchecked.
Separate figures from a business survey showed the eurozone's manufacturing sector is in the grip of a jobs boom.
Men's earnings are going backwards in contrast to strong wage growth from women, potentially reducing the gender pay gap.
The home ownership rate for under 40s has plunged by nearly a third since 2001. Average mortgage debt for under 40 homeowners doubled and equity shrank.
There will be greater interest than usual on tomorrow's US refunding schedule: will a 50-year bond be among the mix?
RBA governor Philip Lowe has warned the strengthening Australian dollar could scupper growth expectations.
The typical household had less real disposable income in 2015 than in 2009, which explains why Bill Shorten's inequality crusade resonates.
Differences between Australia and Canada limit the impact of restrictions on Australia's buoyant property markets.
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