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Politics and policy

Page 76



After decades of complacency and at times outright condescension, Australia is finally taking its Pacific Island neighbours seriously.



Labor's reversal on Stage 3 has opened the door for the Coalition to come up with a bigger tax reform agenda. This could include a proposal that both major parties have, up until this point, been reticent to talk about.




Newsletter The Edition

Tax wedge

Now that the Coalition has resolved to wave through changes to the Stage 3 tax cuts, attention turns to how Peter Dutton will take the fight to Labor at the next election.















The news that the government is proposing an increase in sophisticated investor thresholds lit up LinkedIn in a way that Twitter scandals used to. But it increasingly looks as though the media and the ecosystem have run ahead of themselves on the yarn.






Now that the government's plans for changes to the Stage 3 tax cuts are clear, the Prime Minister faces the task of convincing voters that breaking his promise to leave them unchanged is justified.














Chinese stocks keep falling, despite a push by Beijing to talk up the world's second largest economy at Davos. Is this a signal of trouble ahead, or a buying opportunity?



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