Economic Policies
Economic Policies | LATEST STORIES
Labor’s Super Tax to Hit 500,000 Australians Due to Lack of Indexation: Report
The FSC found that if the threshold were indexed annually at 2.5 percent, the number of people hit by the tax at retirement would plummet to just over 64,000.
Trump Admin Is Renegotiating CHIPS Act Deals to Secure More Investment, Lutnick Says
The secretary of commerce says the revised deals would allow the United States to get ’more value for the same dollars.’
Tories Bid to Reclaim Economic Credibility, But Mel Stride’s Speech Lacks Policy Punch
Shadow chancellor Sir Mel Stride said the Conservatives’ plan to deliver economic stability and growth would ’take time to put together.’
No Booze, No Bets: Expert Warns New Super Tax Penalises Prudent Savers
Australia’s Labor government is pushing through a higher tax on individual retirement savings.
Trump Demands Lower Rates After Weak ADP Jobs Data—Will the Fed Budge?
Federal Reserve officials have expressed caution before taking policy action again.
Inheritance Tax Changes Could Increase Suicide Risk Among Farmers
The warning comes after coroners heard that 78-year-old farmer John Charlesworth had committed suicide the day before the Budget was announced.
Reeves Rules Out Tax Hikes Ahead of Spending Review, but Economists Warn of Tough Trade-offs
The government’s Spending Review next week will set out departmental funding plans for the next three years.
No Deductions to Social Security to Offset Defaulted Student Loans: Education Department
The Department of Education said the change was to protect social security recipients ‘who oftentimes rely on a fixed income.’
Australian Minimum Wage to Increase by 3.5 Percent
Millions will see their wages rise more than inflation.
Apple Appeals EU Order to Boost Product Compatibility With Rivals
The company cites privacy, security, cost, and innovation concerns.
Queensland Pushes to Double Value of Tourism Sector to $84 Billion in 20 Years
Six pillars will drive Queensland’s tourism revamp, including 45 new ecotourism projects by 2045 focused on nature, sustainability and agritourism.
Steel, Aluminum Tariffs Will Double to 50 Percent, Trump Announces
‘Nobody’s going to get around that,’ the president says at a U.S. Steel mill in Western Pennsylvania.
Australia’s Largest Council Cuts Nearly $500 Million in Spending, Pledges to Lower Rates
‘Our council is committed to spending within its means, so we don’t add unnecessary costs onto residents now and into the future,’ said Mayor Adrian Schrinner.
If US, Europe Don’t Move on Greenland’s Minerals, the Island Could Partner With China: Minister
The U.S. State Department does not confirm whether agreement on minerals will be extended.
Fed’s Powell Says Interest Rate Decisions Will Be ‘Non-Political’ in Meeting With Trump
The White House meeting came amid intensifying pressure from the president to ease monetary policy as inflation has fallen.
China Will Fight US Tariffs Even at Famine-Level Cost: Insider
Xi suggests China must rely on a prolonged struggle and the mobilization of the entire population.
US Will Maintain Implicit Guarantees for Fannie Mae, Freddie Mac: Trump
The president said that he is working to take Fannie Mae and Freddie Mac public.
‘Trinkets Won’t Win Votes’: Coal Miner Candidate Says Liberals Need to Stop Chasing Spending Game
Hunter coal miner says Sussan Ley’s Liberal party needs to better articulate why the nation needs to pursue tough, long-term growth.
