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Articles from MacroBusiness

EV tax lurks worsen budget deficit

April 22, 2025 - 13:30 -- Admin

Electric vehicles (EVs) are massively subsidised in Australia. First, more than $550 million of tax revenue is estimated to be lost annually due to the Fringe Benefits Tax (FBT) exemption for battery EVs and plug-in hybrids (PHEVs); however, the FBT exemptions for PHEVs ended on 1 April 2025. Under the FBT exemption policy, somebody who

Even the left backs Coalition’s gas reservation

April 22, 2025 - 11:00 -- Admin

If it wins the upcoming federal election, the Dutton-led Coalition will commit to implementing a gas reservation policy covering Australia’s East Coast. Under the Coalition’s policy, uncontracted gas sold on the spot market must be reserved for domestic use. The Coalition would force companies to supply the gas domestically by imposing a levy on gas

Australian universities are financial black holes

April 22, 2025 - 10:30 -- Admin

Australia’s universities must rank as the nation’s most poorly run organisations. The number of commencing full-fee-paying international students hit a record high of 215,000 in 2024, roughly triple the number recorded in 2005. The total number of international enrolments also hit a record high of 499,371 in 2024, nearly triple the 178.806 total enrolments recorded

Stocks gap into the gaps

April 22, 2025 - 10:00 -- Admin

I am of the school of thought that markets like to fill gaps. When large daily moves transpire, the market tends to reverse and then fill the large moves with smaller moves in the same direction.  It is a little disconcerting when this happens, but the resumption of the trend fills the gaps with more

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