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The Latest Breaking News from Greg Jericho

Australian workers have been hard done by and tax reforms in the budget only begin to return some fairness

The CGT discount not only increased the benefit to non-wage earners, it did so in a way that incentivised investing in rental properties rather than shares

The Guardian - AU

In this budget, all eyes are on CGT. But Labor’s rumoured family trust tweaks might also help fight tax inequality

If Albanese’s newest budget can tame discretionary trust tax dodging, it will be a good step in ensuring the rich are treated the same as the rest of us

The Guardian - AU

Another RBA rate rise won’t fix inflation – it will just smash households already hit by soaring fuel costs

The latest ABS consumer price index figures show just how pointless hiking interest rates would be at dealing with inflation. But raising rates is baked into the Reserve Bank’s DNA

The Guardian - AU

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Capital gains tax changes are on the table, and yet Armageddon has not arrived. Has the tide on housing turned at last?

We are less than a month out from the budget and Labor’s mooted adjustments to tax concessions for property investors have barely registered

The Guardian - AU

The IMF refuses to name the cause of this global chaos. It starts with ‘Donald’ and ends in ‘Trump’

The International Monetary Fund remains stuck in a situation where the biggest concern about inflation is wages

The Guardian - AU

Is Australia headed for a recession? I hope not - but the RBA should be more worried

In backing down on his threats to destroy Iranian civilisation, Donald Trump has lessened concerns of a recession in Australia – at least for now

The Guardian - AU

Labor must stop juicing house prices and make buying a home the Australian dream – not negatively gearing one

The rumours of action on the capital gains tax discount and negative gearing are louder than before any budget this century. But is the PM up to the task?

The Guardian - AU

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Morning Mail: hopes and dreams of Australian children in Syria, Tim Wilson’s ‘terrible’ bet, more Epstein fallout

Australian children tell us about their hopes of liberty, Bluey and escaping tents; shadow treasurer’s investment bets against success of economy

The Guardian - AU

As real wage growth falls again, Australian workers must feel the economy is rigged against them

The RBA never misses a chance to blame wages for rising prices but data shows profit-driven inflation is back

The Guardian - AU

Afternoon Update: Labor unrest over Herzog visit; defence site sell-off; and a ‘deplorable’ secret about motherhood

Ed Husic says he has ‘deep concerns’ over impending visit of Israel’s president, Isaac Herzog

The Guardian - AU

What are the odds? The RBA has raised interest rates – for no real reason other than to meet the desires of speculators

The prospect of a cash rate increase on Tuesday changed dramatically over the past month. One wonders if the Reserve Bank listened more to the commentariat than the data

The Guardian - AU

The latest inflation figures offer no joy – except to the gas producers whose windfall profits remain largely untouched

The boom in world gas prices due to the Russian invasion of Ukraine has led to energy companies making out like bandits

The Guardian - AU

The 5% first home buyers scheme is a miserable policy failure – and the latest chapter in Australia’s housing disgrace

The government is juicing demand to make houses more expensive for Australians while providing good public housing for … Americans

The Guardian - AU

So it’s goodbye to lower interest rates – to be honest, the RBA was always looking for an excuse not to cut

The story this quarter was one of big jumps in electricity prices due to the end of the state subsidies

The Guardian - AU

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The Guardian - AU

If we want a better, more equal society, we need more tax. But more tax only works if big business pays their fair share

Trust in both the tax and political system will falter if people feel they are being punished for not paying tax while large companies legally get away with paying nothing

The Guardian - AU

Australia, along with other OECD countries, is mired in mediocrity – and the RBA seems intent on keeping us there

If the Reserve Bank won’t drop interest rates next week, it will be another example of one of our institutions aiming low

The Guardian - AU

Take a deep dive into the inflation numbers and the RBA’s decision not to cut rates seems inexplicable

In a majority of capital cities in Australia, inflation is now below 2% – that is, below the Reserve Bank’s target range

The Guardian - AU

The biggest voices need to admit Australia is a low-taxing nation before joining the economic reform conversation

Acoss’s new report factchecks some myths about Australia’s tax system and should be the basis of any discussion at the government’s roundtable

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The Guardian - AU

Secret examination of agency running Aukus submarine program handed to government – as it happened

This blog is now closed

The Guardian - AU

Morning Mail: Aukus in doubt as Pentagon reviews pact; Beach Boy Brian Wilson dies, Australia fight back at Lord’s

Pentagon to review if Aukus fits with ‘America first’ agenda; songwriter and producer seen as one of music’s all-time greats dies

The Guardian - AU

Wealthy Australians are worried we might realise how rigged the system is in their favour

The discussions around the absurdly small changes to tax on superannuation should be the start to addressing the growing wealth inequality in this country

The Guardian - AU

The good news? Household living standards are on the rise. The bad news? Just about everything else

Australia’s weak economic growth is not surprising when you factor in what’s going on with households, private investment, trade and government spending

The Guardian - AU

Ukraine launches audacious drone attack; NDIS changes put families in crisis; Oscar Piastri wins Spanish GP

Families face impact as NDIS funding dries up

The Guardian - AU

The super tax debate is divorced from reality – and more proof that Australia’s tax system is built for the rich

The proposal will affect only 0.5% of people with superannuation and yet you would think the government is about to seize the means of production

The Guardian - AU

By getting tangled up on inflation and exaggerating numbers, Peter Dutton has blown the opportunity he was handed

Cost-of-living problems are real – there’s no need for the Coalition to use even bigger numbers

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