politics
Economists welcome budget and reply, even if they don't like every policy
Five leading economists weigh in on the budget and reply debate, embracing many of the ideas raised while also arguing that “bigger tax reform is needed.” Source link
Caution and long-term thinking as budget adds to softening real estate market
After riding a post-COVID wave of booming prices, real estate agents say SA’s housing market is starting to level out, as federal budget tax changes and rising interest rates reduce buyer appetite. Source link
Why there's more talk of an AUKUS 'plan B'
Defence industry experts argue Australia should consider how to prevent a naval “capability gap” — or risk being left exposed. Source link
Entrepreneur says the rich should stop complaining about tax changes
Start-up founders say the federal government’s CGT changes may see investment in new businesses go offshore. But Airtree Ventures co-founder Daniel Petre is warning against a scare campaign. Source link
Nine charts that reveal who pays more under Labor's tax changes
Labor’s capital gains tax changes have set off a firestorm of debate about the implications for small businesses, start-ups, share owners and plenty more. Here’s who will really pay more. Source link
Do the kids reckon this budget created any winners?
As debate over the federal government’s budget tax hit on wealth and assets continues to reverberate, one can’t help but wonder how it’s going down among the gen Zs and millennials it’s designed to impress. Source link
Tax changes 'threaten to chill' record federal green energy support
As the federal government races towards its 2030 renewable energy goal, investors warn capital gains taxes changes risk upending the entire effort. Source link
PM leaves door open to discretionary trust tax changes — as it happened
Prime Minister Anthony Albanese has left the door open to tweaking a proposed change to how a discretionary trust is taxed. Source link
Snowy bosses paid $1.2m in bonuses as hydro project costs spiral
The renewables project’s chief executive, Dennis Barnes, received $323,000 in bonus pay on top of his $1.69 million salary last financial year, while four other senior executives received about $919,000 in “variable pay”. Source link
One Nation surfs wave as Labor defends budget
Before the budget, Anthony Albanese and Jim Chalmers knew they would be hit by criticism for its broken promises, but they underestimated the extent and ferocity of the backlash. Source link