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MacroBusiness Wednesday, March 27, 2024 - 13:30 Source

The annual horse-trading over the minimum wage has commenced. The Australian Chamber of Commerce & Industry (ACCI) wants the Fair Work Commission (FWC) to limit the annual minimum wage rise to no more than 2%. The employers’ group contends that inflation is expected to fall to 3%, productivity is declining and the FWC has overcompensated

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Your Democracy Wednesday, March 27, 2024 - 13:00 Source

BREAKING: CBDC Launch Date REVEALED, Prepare!

https://www.youtube.com/watch?v=svQCpShdDZo

 

FREE JULIAN ASSANGE NOW...... astounding......

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MacroBusiness Wednesday, March 27, 2024 - 13:00 Source

The once marvellous Melbourne is today a hellscape of construction, congestion, delay and rage: The populations of Sydney and Melbourne swelled by a record 310,000 in a single year as migrants surged back into inner city areas and student accommodation while many financially pressed Australians moved to outer suburbs. Don’t get me wrong, Hellbourne still

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Your Democracy Wednesday, March 27, 2024 - 12:54 Source
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MacroBusiness Wednesday, March 27, 2024 - 12:30 Source

Analysis by the Centre for Independent Studies (CIS) shows people earning more than $224,000 a year were “under-compensated for bracket creep” under both the Coalition’s original stage 3 tax cuts and Labor’s revised version. The CIS findings are at odds with claims that both sets of tax cuts favoured high-income earners. Matthew Taylor from the

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MacroBusiness Wednesday, March 27, 2024 - 12:00 Source

Data released last year by the Reserve Bank of Australia showed that poorer Australians dominate the nation’s rental tenancies: “Nearly 90% of all households in the lowest wealth quintile were renters in 2019/20”, according to the RBA. As we all know, Australian renters have experienced hyper-inflation in housing costs, with median asking rents soaring 38%

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MacroBusiness Wednesday, March 27, 2024 - 12:00 Source

MacroBusiness has frequently criticised the politicisation and lack of independence in Australia’s public service. I observed this problem myself in the early to mid-2000s while working at the Australian and the Victorian Treasuries, when governments of both parties were overly eager to outsource policy-making to consultants. In 2003, while working on the Australia-US Free Trade

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MacroBusiness Wednesday, March 27, 2024 - 11:30 Source

ABS with the report. The monthly CPI indicator rose 3.4% in the 12 months to February. The most significant price rises were Housing (+4.6%), Food and non-alcoholic beverages (+3.6%), Alcohol and tobacco (+6.1%) and Insurance and financial services (+8.4%). The consensus was 3.5%, so this is

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MacroBusiness Wednesday, March 27, 2024 - 11:30 Source

ABS with the report. The monthly CPI indicator rose 3.4% in the 12 months to February. The most significant price rises were Housing (+4.6%), Food and non-alcoholic beverages (+3.6%), Alcohol and tobacco (+6.1%) and Insurance and financial services (+8.4%).’ The consensus was 3.5% so a bit soft.  Services and food coming off. Goods firmed a

The post Aussie monthly inflation soft appeared first on MacroBusiness.

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