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Latest news: Economic Policy

WA stares down 'east coast clowns' over costly GST deal

WA stares down 'east coast clowns' over costly GST deal

Western Australian Premier Roger Cook has promised to fight any move to strip his state of its lucrative GST deal, saying changes could cost it billions.

Liberal senator rebuked for personal policy 'Odyssey'

Liberal senator rebuked for personal policy 'Odyssey'

Liberal senator rebuked for personal policy 'Odyssey'

Liberal senator rebuked for personal policy 'Odyssey'

The coalition's housing spokesman has come under fire for comments suggesting those on lower incomes should accept living in poorly built homes.

'Hawkish' RBA open to more hikes after holding rates

'Hawkish' RBA open to more hikes after holding rates

'Hawkish' RBA open to more hikes after holding rates

'Hawkish' RBA open to more hikes after holding rates

Borrowers are on notice with the Reserve Bank signalling it won't shy away from raising interest rates if inflation comes in higher than forecast.

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Tax changes get tick of approval from ratings agency

Tax changes get tick of approval from ratings agency

Tax hikes on property investors will help keep budget pressures under control, ratings agency S&P Global says in a check-up of Australia's fiscal health.

PM hails Labor evolution as members push for change

PM hails Labor evolution as members push for change

Taxes on gas and gambling reform will be among items up for debate on the conference floor when thousands gather for Labor's national conference.

UK's Burnham targets power bills in first move as PM

UK's Burnham targets power bills in first move as PM

New Prime Minister Andy ‌Burnham will cut taxes on Britons' electricity bills as he attempts to deliver ‌on his promise to ease the UK's cost-of-living crisis.

'Real desire': gas tax on the cards at Labor conference

'Real desire': gas tax on the cards at Labor conference

Calls for a 25 per cent tax on gas exports could come to a head on the floor of Labor's national conference, as advocates say momentum is growing for the move.

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'Win-win': quick fix to stamp out AI-fuelled loan fraud

'Win-win': quick fix to stamp out AI-fuelled loan fraud

'Win-win': quick fix to stamp out AI-fuelled loan fraud

'Win-win': quick fix to stamp out AI-fuelled loan fraud

Allowing the tax office to share lenders' financial information with banks could help counter a surge in loan fraud fuelled by artificial intelligence.

'No resources': One Nation defends uncosted policies

'No resources': One Nation defends uncosted policies

'No resources': One Nation defends uncosted policies

'No resources': One Nation defends uncosted policies

Pauline Hanson's rising right-wing party has blamed deficient parliamentary resources for the lack of detail about how much its plans will cost.

'Column of smoke': coalition launches One Nation attack

'Column of smoke': coalition launches One Nation attack

'Column of smoke': coalition launches One Nation attack

'Column of smoke': coalition launches One Nation attack

An economic blueprint has been pitched by the coalition to win over voters as it warns One Nation won't be able to deliver on its promises to Australians.

Right-wing rivals locked in 'race to the bottom': PM

Right-wing rivals locked in 'race to the bottom': PM

Right-wing rivals locked in 'race to the bottom': PM

Right-wing rivals locked in 'race to the bottom': PM

Prime Minister Anthony Albanese has taken a broad swipe at right-wing rivals, telling the Labor Party faithful they are only interested in airing grievances.

Premier pitches train-building to keep Labor on track

Premier pitches train-building to keep Labor on track

Premier pitches train-building to keep Labor on track

Premier pitches train-building to keep Labor on track

Billions of dollars in funding for local train building has been promised at a state Labor party gathering otherwise focused on countering One Nation rhetoric.

Weak housing market could imperil Australia's economy

Weak housing market could imperil Australia's economy

Weak housing market could imperil Australia's economy

Weak housing market could imperil Australia's economy

The Reserve Bank says it will not hesitate to raise interest rates again if necessary, according to minutes from its latest board meeting.

Pledge to fix 'widow's tax' on investment properties

Pledge to fix 'widow's tax' on investment properties

Pledge to fix 'widow's tax' on investment properties

Pledge to fix 'widow's tax' on investment properties

Concerns about how a tax hike on investments will impact couples in the event of death and divorce will be addressed, Labor says.

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Coalition blames tax reform for social cohesion decline

Measures to scrap negative gearing and pare back capital gains discounts have passed parliament despite strong resistance.

Budget delivers more help for under-pressure families

Roads, schools, and hospitals are all set to benefit from the NSW budget as the government looks to provide cost-of-living relief to motorists and families.

Investment overhaul to pass despite 'taxmaxxing' claims

Controversial changes to negative gearing and capital gains tax will get a parliamentary green light after Labor made a handful of concessions.

Nationals ape Hanson 'liar' slogan as tax debate flares

One Nation could win more than 60 seats if an election were held now, as a fresh poll underscores surging support for the right-wing party.

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Premier threatens to name and shame energy retailers

Cost-of-living rhetoric is ramping up ahead of a state budget as leaders deliver warnings to energy companies.

More fuel relief for motorists with halfway measure

Motorists will receive an extended discount on fuel but the savings will be lower as the government weighs budget costs against higher bowser prices.

Small business, payments system brace for payday super

Australia's superannuation payment system is set for a major shake-up but small businesses warn unnecessary penalties could mar the road ahead.

Better but 'not perfect' tax reform wins expert support

Senators are being told to drown out the cries of vested interests and pass tax changes some economists say will make the economy fairer for working people.

Nation-first stamp duty cut gains federal endorsement

The ACT has abolished stamp duty for first home buyers, prompting calls for other states and territories to follow suit.

'Reform is always hard': PM coy on tax carve outs

Anthony Albanese has not revealed whether carve outs for businesses are on the table for controversial tax changes from the federal budget.

Poll surge for populists trigger for PM's tax backflip

Australians believing the economy wasn't working for them forced the federal government to change its stance and implement controversial tax reforms.

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