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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.