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Amazon CEO Jeff Bezos (Image: Dennis Van Tine/STAR MAX)

Want to pay for an extra 54,000 nurses? Then stop corporate tax abuse

The costs of the pandemic are being borne by the poorest and most vulnerable. The economic burden of rescue packages should not fall on them as well. Former federal treasurer Wayne Swan on why we need to overhaul corporate tax rules.

NSW Treasurer Dominic Perrottet (Image: AAP/Gaye Gerard)

Stamp duty v land tax: NSW takes a giant leap into the political unknown with good policy

With its stamp duty change, the NSW government is taking a political risk on — shock horror! — good policy.

NSW Premier Gladys Berejiklian with NSW Treasurer Dominic Perrottet (Image: AAP/Dan Himbrechts)

A noisy budget hits the burbs: just how will the quiet Australian react?

While the NSW budget will get some ticks of approval, the question of whether the state will be able to brute-force its way towards growth is an open one.

Treasurer Josh Frydenberg (Image: AAP/Lukas Coch)

Frydenberg rips into regulators. But wasn't it 5 minutes ago they were too soft?

The treasurer uses that old cliché 'cutting red tape' to justify his push to roll back Hayne banking royal commission reforms.

Reserve Bank governor Philip Lowe (Image: AAP/Joel Carrett)

Public wage curbs run counter to RBA efforts to drag nation out of recession

The federal and NSW governments are making extra spending harder to achieve. Talk about a fiscal own goal.

(Image: AAP/Regi Varghese)

Going up in smoke: have we been getting inflation wrong all these years?

New research suggests that inflation might have been very different in Australia in recent years than what the CPI has told us.

(Image: Anthony Behar/Sipa USA)

As the wave of unemployment begins to flatten in the US, the virus surges

America faces a grim winter with millions still unemployed as a third wave of the virus mounts.

(Image: Courtney Crow/New York Stock Exchange via AP)

Economic outlook: markets recoil, launch in response to US election

The US election is all up in the air and the future is written in the markets. Let's examine their entrails and see what we find.

Reserve Bank of Australia governor Philip Lowe (Image: AAP/Joel Carrett)

Reserve Bank's path to recovery lies through inflation via jobs

The RBA has ushered Australia into the era of quantitative easing by arguing that inflation must rise, and it can't rise until wages and jobs do.

(Image: AAP/Private Media)

The way out of this economic mess is not through interest rate cuts

We won't just achieve inflation by low interest rates — a whole new approach to monetary policy might be needed.

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