Every year on March 17, St Patrick’s Day is celebrated across the world with parades, music, storytelling and a sea of green. While the day is often associated with Irish culture, community spirit and a little bit of fun, there are deeper lessons beneath the...
The Reserve Bank does not want to send Australia into a recession but its options to avoid one might be running out. Governor Michele Bullock has old reporters a recession could be a possibility if inflation proves too hard to get down, after the central bank...
The Reserve Bank of Australia has hiked interest rates for the second straight month, warning of more pain the longer the war in the Middle East drags on. In a split five-four decision on Tuesday – the tightest since the central bank started publishing vote tallies...
Discounts on capital gains tax have been found to skew the housing market in favour of investors at the expense of owner-occupiers, as the federal government is urged to scrap the controversial measure. A parliamentary inquiry report into the capital gains discount, released on Tuesday, found...
CHANGES IN STATE AND TERRITORY GST PAYMENTS NSW * GST payment increased from $28.1 billion to $28.2 billion * Relative share of GST compared to per capita allocation fell from 86c in the dollar to 82c * Share of GST fell from 26.7 per cent to 25.5 per cent VICTORIA *...
The Australian economy has the runs on the board when confronted with technology challenges, giving one minister confidence that will be the case with artificial intelligence adoption. While there are real risks to jobs and labour force disruption from AI, some of which is already occurring,...