Treasurer Jim Chalmers recently reiterated that the federal government is not considering any changes to the negative gearing regime or the capital gains tax discount. However, Greens leader Adam Bandt has indicated that the party will seek changes to both tax breaks in return for supporting the government’s Help to Buy shared equity scheme. The
The Reserve Bank of Australia (RBA) might be done raising the official cash rate (OCR). But that doesn’t mean that the pain is over for Australian mortgage holders. Justin Fabo at Antipodean Macro has posted the below chart showing how actual mortgage rates paid by Australians (blue line) continue to rise as cheap pandemic fixed-rate mortgages
Parliament of Australia Media Release The Joint Committee of Public Accounts and Audit (JCPAA) has commenced an inquiry into the 2022-23 Commonwealth Financial Statements which are audited each year by the Australian National Audit Office (ANAO). This audit provides the Parliament with an independent examination of the Commonwealth’s accounts and identifies financial statement risks, issues…
I can’t recall ever agreeing with Alexander Downer. Most of the time, it has been violent disagreement. Until today: Over the past four months, the Greens have been in full view. Any doubts about their evil ideology have been cast aside. This is a party driven by critical theory. They split society into two. You’re
The post “Evil, racist” Greens to kill “help to buy” appeared first on MacroBusiness.
Climate Media Centre Media Release The appeal hearing relating to the Living Wonders Cases will begin on Monday 12 and Tuesday 13 February, where three Federal Court judges will assess whether Australia’s Environment Minister, Tanya Plibersek, is required by law to scrutinise the climate harm of new coal and gas projects. The Environment Council of…
On Saturday morning, I was interviewed by Luke Grant on Radio 2GB where we dissected former NSW Premier Dominic Perrottet’s claim that Australia’s mass immigration policy is “lazy economics” and a “ponzi scheme”. I also explained why Australia is caught in a “population trap of falling productivity” because the nation’s population is growing much faster
https://www.youtube.com/watch?v=pLGX3bYyW-4
Kamala Harris Goes On Bizarre Drunken Rant For Black Crowd As Hillary ADMITS Biden HAS A PROBLEM!
https://www.youtube.com/watch?v=T01Ws8KQ4os
Tulsi Gabbard: Democrats are acting as dictators in the name of democracy
US bank lending continues to putative recovery: Large and small: Year on year is still bouncing along the bottom: SLOOS is increasingly supportive as well. Goldman: The Federal Reserve’s January 2024 Senior Loan Officer Opinion Survey—conducted for bank lending activity over the fourth quarter of last year—reported that standards tightened at a slower pace versus
The by-now mythical figure of $368 billion for the AUKUS submarine mirage is creating a frenzy. So far, we’ve seen some of those billions go to shipyards in the US and the UK, but now Queensland’s Banana Shire wants their own slice of the action. What’s the scam?
Banana Shire takes AUKUS by storm. What’s the scam?
The Australian Bureau of Statistics’ (ABS) September quarter national accounts revealed that the nation’s real gross domestic product (GDP) decreased for three consecutive quarters in per capita terms, falling 0.3% year on year: This 0.3% annual decline in per capita GDP was caused by a 1.9% decrease in real per capita household consumption: The
By James Moore “For the unlearned, old age is winter; for the learned, it is the season of the harvest.” (Hasidic saying). I’ll take the old guy. Joe Biden could be 90 and drooling, barely in control of his faculties, and he’d still make a better president than Trump. The argument is very easy to…
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