Intergenerational Report News Today

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During the 2022-23 financial year, the Albanese government collected $278.39billion from personal income taxes - or 45 per cent of government revenue.

State and territories have swung their weight behind a Ken Henry-led push to review and overhaul a “mess” of state and federal spending responsibilities

The easy work’s done in the inflation fight. But the missing piece before interest rates can be cut looks more elusive.

While the prudential regulator sees more stresses ahead for banks, top CEOs worry the sector has become too risk-averse. They’ve got three big ideas to drive growth. 

“I’ve seen a lot of numbers. But no single data point has ever concerned me more than this one,” the CEO of BlackRock says.

The contribution of IT equipment to capital input has fallen sharply in recent decades, which economists warn could undermine long-term economic growth.

The unambitious Intergenerational Report must not become the benchmark for this country’s growth prospects. Bold structural reform is needed.

Reducing superannuation tax breaks and making housing more affordable are among a raft of recommendations proposed to improve...

If homebuyers use super to put down a deposit, median house prices will increase across the nation and...