Gas tax leaks billions as energy prices soar
The Coalition’s unimplemented gas profits tax review gives the Albanese government an option to extract more revenue from energy companies, should it want to.
Source: afr.com
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Treasury's budget assumptions could be costly
Incomes would be $32,000 lower and budget debt $500 billion higher over the long term if heroic productivity growth assumptions fail to materialise, Treasury says.
Source: afr.com
Tax breaks for super, trusts top Treasury hit list
Tax breaks for superannuation, housing, stocks and trusts are costing the budget tens of billions a year, according to the Treasury.
Source: afr.com
Election 2022: Why interest rates will keep rising as the inflation wave crashes onto Australian shores
The RBA will soon begin raising interest rates, either next week or in early June, but the central bank won’t stop at just one increase in the cash rate.
Source: afr.com
Interest rates: The week the Reserve Bank of Australia turned hawkish
There are some points in RBA history when a small change signals a profound shift in the bank’s thinking. The April 2022 board meeting was one such moment.
Source: afr.com