Tag: economics
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Make this the last Christmas under Albo!
Imagine if this Christmas was our last with Anthony Albanese as Prime Minister? Next year we can get rid of the weakest and most incompetent government in generations and look forward to a stronger future. The latest National Accounts data confirms Labor is sending our economy in the wrong direction. Australia has never experienced a…
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Student Debt in Australia: The Hidden Crisis
Fun fact: I was 38 years young when I FINALLY paid off my student debt – 11 long years after graduation. As a holder of Advanced Diploma in Accounting I’ve entered second year of Bachelor of Business at RMIT – this resulted in a substantial cost saving compared to those who have completed a full…
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Labor’s 7.5% Holiday and Tourism Tax on Victorians
Victoria’s new “Airbnb tax” only benefits Airbnb, and once again unit owners lose out. Let’s not mince words here – the new tax does nothing to curb the popularity of Airbnb, nor does it do anything to improve the liveability of neighbours and owners’ corporations (OCs) that have a desperate problem with the noise and…
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Albanese Government fails to tame inflation
Q2 Inflation figures confirm the Albanese Government has failed to tame inflation. Consumer prices grew by 1% in the quarter, increasing inflation to 3.8%.Core inflation is 3.9%. This is well above the Reserve Bank’s target and above both the Reserve Bank and Treasury’s forecasts. Inflation impacts everyone – it means higher prices, higher interest rates…
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This week is pivotal for the Australian economy.
On Wednesday, the Australian Bureau of Statistics (ABS) will release the Q2 CPI inflation figures, which will determine whether the Reserve Bank of Australia (RBA) will raise the official cash rate at its 6 August meeting. Monetary transmission in Australia is far more sensitive than in comparable nations, owing to its globally high share of…
JANE AGIRTAN INDEPENDENT 