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Treasurer Scott Morrison used to like to say Australia “doesn’t have a revenue problem, we have a spending problem”. It turns out this sentiment was true in 2016.
The prospect of bolting on ad tech companies to the newspaper business, with its rich database of subscribers, could provide Fairfax with an additional source of revenue
The Treasurer, Scott Morrison, got a little unexpected positive pre-Budget news with upbeat reporting of Tuesday’s Reserve Bank of Australia decision to do … nothing.
There's a budget imperative most observers have taken their eye off: the fiscal fallout from an ageing population.
A lot of economics is counterintuitive. In that spirit, the first headline this week was that the prices of things we buy in Australia are going up at a faster rate, and that this is good news. Huh?
The government wants to extend GST to imported online goods valued under $1000, effective from July 1, 2017, with Treasurer Scott Morrison stating it will “establish a level playing field for our domestic retailers”.
Two important observers of the Australian economy – one foreign, one domestic – revealed rather upbeat assessments about economic growth this week.
Discretionary trusts are overwhelmingly used to minimise tax, defeat and frustrate future creditors and deprive separating spouses of a fair share of joint property.
It is ironic that at a time when so many young Australians are finding it so hard to break into the property market, commentators are finding it so hard to break out of discussing it.