Superannuation concession limits and a wealth tax could unlock national economic productivity, Australia’s largest bank says, but others call them a “war on aspiration”. Many have been some surprised and some incensed by the Commonwealth Bank’s calls for radical tax reform in its submission to a...
Australian workplaces are being urged to double down on diversity, equity and inclusion programs rather than follow the United States in dismantling them. Known colloquially as DEI, these initiatives are designed to create a fair and inclusive workplace with diverse people, where the playing field is...
The unusual resilience of Australia’s jobs market is expected to continue in fresh data due out this week. Despite expectations unemployment will rise over the course of 2025, forward indicators point to more jobs growth ahead of the Australian Bureau of Statistics’ labour force release on...
The accidental release of government department advice which warned Labor was not going to meet its housing target and urged them to raise taxes, has not rattled the treasurer. Independent advice from the Treasury department, which was unintentionally sent to the ABC, reportedly contained subheadings which...
Fresh data shows soft consumer spending is taking longer than expected to recover and won’t be helped by the Reserve Bank’s surprise decision not to cut interest rates. Household spending grew 0.3 per cent in June, according to the Commonwealth Bank’s latest household spending insights index...
Incentives for electric car owners to sell energy stored in their vehicles back to the grid could deliver a $230 million national windfall and make power cheaper for everyone. Modelling by the Electric Vehicle Council suggests a $3000 government rebate towards vehicle-to-grid, or V2G, chargers would...