No one really knows how people are going to use their extra cash — and what it will mean for interest rates.
Tax reform
Mark Wooden has spent decades deep in economic research. He is worried about where Australia is heading.
The case to index income tax brackets won't go away when this cost-of-living crisis fades.
Victorians are being swamped with bombastic social media advertisements in the lead-up to the Dunkley byelection. It could be a signal of what to expect for the federal election.
In an interview with Capital Brief, the Opposition treasury spokesman says his party needs to regain its reputation as the most economically responsible side and will take a sensible tax reform package to the next election.
Both the Greens and Coalition are attacking the government over potential changes to negative gearing, even though Labor insists it has no plans to do so.
Independent MP Allegra Spender hopes Labor's stage 3 reversal could be the start of something bigger.
The federal Coalition will not stand in the way of Labor passing its stage 3 overhaul to avoid being wedged by the government.
The Albanese government's overhaul of the stage 3 tax cuts has set the stage for fights on multiple fronts. But the fiercest of them will be fought in the outer suburbs.
The former prime minister, who introduced the stage 3 tax cuts, says the Albanese government has removed the 'big reform' of the package.
The Prime Minister will seek to rely on the changed economic circumstances to argue why he needed to change the stage 3 tax cuts.
At the start of this month, Capital Brief stumbled on the massive story that the Albanese government was planning to overhaul the stage 3 tax cuts. Here’s how it played out.
While Albanese’s media team spent much of Monday afternoon hosing down reports they were about to overhaul the stage three tax cuts, Capital Brief has been told that a change will be put to cabinet this morning.
Speculation is mounting that the government is gearing up to amend the upcoming tax cuts amid a growing focus on providing cost-of-living relief.
The Prime Minister has been forced to reiterate his commitment to planned tax cuts after revelations his government sought advice on the impact of changing them.
Two internal documents reveal the government contemplated changes to the tax cuts that begin in July.
The public exhaustion over tax reform may simply be because voters have heard it all before.
The main economic battle of 2022 and 2023 has been inflation. But focus may soon shift to an even tenser fight – the future of the stage three tax cuts.
Some of Australia’s leading economists support indexing income tax to stop workers falling prey to bracket creep and improve transparency in government spending.
The incoming Productivity Commission chair and current Grattan Institute chief executive thinks indexing income tax rates makes sense. But politically it’s a lot murkier.
