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Stage three tax cuts: Tax cut changes make stashing cash in superannuation best for high earners

New analysis shows the changes will have the perverse effect of entrenching tax benefits for some of the country’s wealthiest, spurring calls for widespread tax reform.

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State and territory leaders press Treasurer Jim Chalmers for a Ken Henry-style review on state-fed funding split

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

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RBA's Guarded Policy Stance Highlights Sticky Inflation Worries

RBA's Guarded Policy Stance Highlights Sticky Inflation Worries
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RBA's guarded policy stance highlights sticky inflation worries

RBA's guarded policy stance highlights sticky inflation worries
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US inflation: The next CPI print could make or break 2024 and interest rate cuts

Investors in aggressively long equities, real estate, junk bonds and private debt have been fervently punting on the likelihood of deep rate cuts this year to bail them out of a heavy procyclical slump.

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Unmuzzled bank boss launches savage attack on Australia's tax system - and pits wealthy Boomers against Gen Z with shock reform

Former Reserve Bank chief Philip Lowe has called for the capital gains tax to be applied to the family home. This is set to outrage Baby Boomers who have bought a house since 1985.

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Ken Henry says the failure of tax reform means 'young people have been screwed'

Ken Henry has warned the social compact with workers shouldering a rising tax burden faces an “existential crisis”, unless reformers can persuade the public for major changes.

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RBA interest rates: Former RBA boss warns Australian living standards in firing line

Philip Lowe says the current tax system is hurting Australia’s productivity, with the GST rate too low and income tax too high.

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Tax review to avoid an 'intergenerational tragedy'

Incremental change is a waste of time. Ken Henry says someone has to grab this thing and get on with it.

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