Australia’s tax system is unbalanced and unsustainable
网页2 天之前 · The underlying cash budget balance recorded a surplus of $15.8 billion (0.6% of GDP) in 2023-24, which was larger than forecast in the May Budget. Massive personal tax receipts from the rapidly ...
Recession battered retailers beg RBA for rate cuts
网页1 天前 · The annual rate of retail sales lifted to 3.1%. On the face of it, the stronger-than-expected result suggests that consumer spending is holding up and augers against the RBA cutting interest rates ...
Losses mount across Australia’s hospitality industry
网页1 天前 · Subscribe. According to insolvency data from the Australian Securities and Investments Commission (ASIC), over 1,900 hospitality businesses failed last financial year as food and energy expenses ...
One-in-20 Aussie borrowers have negative cashflow
网页2 天之前 · The Reserve Bank of Australia (RBA) released its half-yearly Financial Stability Review (FSR), which noted that around one-in-20 Australian borrowers have a cashflow shortfall: “In addition to ...
Counting the costs of excessive immigration - MacroBusiness
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Australian dollar explodes towards 70 cents - MacroBusiness
网页4 天之前 · AUD: Temporary tailwinds. With the Fed easing into relatively robust US growth, markets have priced a reduced risk of US recession, reaffirming a more risk positive environment which should ...
Auction market crashes as “fear of missing out” evaporates
网页4 天之前 · The increased volumes decreased Melbourne’s final clearance rate (59.5%), which fell below 60% for the first time in eight weeks. In the same weekend last year, there were 1,092 auctions, with a ...