How John McGrath sold at the top

John McGrath was one of Sydney's most successful real estate agents.

Although his float failed, celebrity real estate agent John McGrath may have executed one of the great short sales in property history.

Tax cut could be as soon as next year

A tax cut for low and middle-income earners could be delivered as early as July 1 next year with Malcolm Turnbull saying it may be outlined in the May budget.

Reserve Bank governer Philip Lowe.

Wages weigh on RBA outlook

Slow wages growth may persist longer than the RBA wants, keeping rates low and potentially undermining hopes for higher tax revenue.

Opinion

Japan's problem is a hopeless military

There remains a vast gap between the Japan of today and a Japan that might be able to defend itself. Japan is still too dependent on the US for its security.

Personal Finance

Capital Economics chief economist Paul Dales said the wage figures were even worse when broken down to average employee ...

'The tax-free threshold is too high'

Experts have suggested abolishing the tax-free threshold to force young adults still living at home to pay tax while expanding tax offsets for low-income earners.