Reducing the discount would likely not have any lasting impact in lowering house prices
Anyone watching the smoke signals from Canberra knows that moves are afoot to try and increase capital gains tax (aka …
Economics Commentaries
-
-
Alarm bells ringing on more interest rate pain
Australians were losing faith that the combination of Labor’s economic policies and the RBA monetary policy would tame inflation even before Donald Trump and Benjamin Netanyahu started bombing Iran’s theocratic dictators.
-
Labor’s capital gains tax myths need busting
Labor has long held an axe over the capital gains tax 50% discount and negative gearing; campaigning on it in …
-
Measuring affordability in time, not dollars paints a different inflation picture
Even before new Middle East conflict sparked concern about petrol prices, Australia’s latest CPI release had reignited familiar anxieties about …
-
Blame diagnostic inflation for the NDIS’ $10b Autism bill
As recently reported in The Australian Financial Review, autism costs the National Disability Insurance Scheme more than $10 billion annually. A record 62,500 people …
-
This Millennial moved to regional Australia to own a home
A brief glance at the past fortnight’s headlines is revealing. High-speed rail is connecting Sydney to Newcastle. A Regional Australia Institute poll shows Gen Z is interested in moving …
-
The RBA had no choice but to tighten the screws
The government has been rightly blamed for fuelling the inflation flames with too rapid growth of its own spending. This has come not just from the federal government but from several state governments as well.
-
The only things going up now are the prices
The decisions that made higher rates unavoidable were taken in Canberra. If inflation is the fire, interest rates are the fire brigade. Labor lit the match.
-
Economic exceptionalism is dead – and rate cuts died with it
Jim Chalmers doesn’t have a central bank governor to blame for his forward misguidance or for his complaint that monetary policy may be “smashing the economy”.
-
Do we entrench our advantages or let them slip?
We’re not in danger of becoming a banana republic, like Paul Keating warned in 1986. But we are losing our exceptional prosperity and sliding back into the pack of other less prosperous developed economies.