Today
- Exclusive
- Aviation
Future Fund to vote against Qantas director Todd Sampson
The sovereign wealth fund, and other large investors in the airline, will not support the re-election of the advertising executive to the airline’s board.
Yesterday
- Opinion
- Inflation
Inflation boosts chances of Cup Day interest rate rise
The jump in underlying inflation will be extremely hard for Michele Bullock to ignore as she tries to shore up the RBA’s credibility.
- Opinion
- Tax reform
All roads lead to a tax shake up after EV ruling
The High Court’s decision banning Victoria’s electric vehicle tax has parallels to how the GST came about.
This Month
Renters better off than in 2021: RBA’s Bullock
Strong income growth has shielded households without a mortgage from the worst of the cost-of-living crunch, the bank’s new governor says in her first speech.
Economic ‘giant’ Max Corden dies, aged 96
One of Australia’s most influential economists, he was the intellectual thought leader behind cutting tariff protection in the 1970s and ’80s to help deliver today’s economic prosperity.
- Analysis
- Inflation
Michele Bullock’s million-dollar inflation question
The straight-talking new RBA governor is putting on her best poker face to condition people into believing prices will be brought under control. Will she succeed?
RBA’s $43b in losses put pressure on Chalmers for bailout
The RBA’s huge financial losses from its pandemic stimulus measures have sunk its balance sheet deeper into negative equity.
Voice not ‘main game’ for ethical companies
Businesses backing social causes need to test the views of staff and customers and back up words with action, a survey has found.
- Opinion
- Income tax
Why retirees have to pay their fair share of tax
‘I worked hard and paid all my taxes’ does not pass the pub test when tax-free retirements now last so long.
Chalmers skipped economic meetings for Voice campaign
Treasurer Jim Chalmers did not attend G20 and IMF meetings with finance ministers and central bank governors in Morocco, staying home to campaign on the Voice to parliament.
CEOs ignore public and shareholders on Voice
Corporate Australia’s support for the Voice, including multimillion-dollar donations from shareholder funds, jarred with the 61 per cent who voted against it.
Big four-backed growth fund hunts for cutting-edge investment ideas
Australian Business Growth Fund chief Anthony Healy wants to inject more capital into sectors such as technology, cybersecurity, manufacturing and defence.
Chalmers backs Indonesia’s OECD push
If successful, Indonesia would be the first South-East Asian nation to gain membership of the Organisation for Economic Co-operation and Development.
- Opinion
- Interest rates
The fixed rate mortgage ‘cliff’ was a myth
Households are well braced to withstand the 4 percentage point of interest rate increases so far, amid the possibility of more monetary policy tightening by the Reserve Bank.
‘Everything should be on the table’ to ease tax burden on young
The BCA, CTA, Allegra Spender and Grattan have urged Labor to develop a tax reform agenda to stop younger workers shouldering an ever-increasing tax burden.
- Exclusive
- Federal budget
How Peter Costello sees the future of the Future Fund
After growing for another 10 to 20 years, the Future Fund could eventually pay earnings to the budget says outgoing chairman Peter Costello, who reveals his only regret.
- Analysis
- Monetary policy
The RBA is betting against the world on interest rates
By lifting interest rates less aggressively than other central banks and pausing the cash rate at 4.1 per cent, the RBA is “playing with fire” on inflation.
Ex-Macquarie banker appointed to Future Fund
The addition of Mary Reemst to the board gives the government another potential contender to succeed Peter Costello as chairman.
- Opinion
- Franking credits
Labor’s franking credit changes raise bigger questions
The government’s planned changes raise a legitimate question about the long-term future of dividend imputation.
- Opinion
- Interest rates
Steady Bullock pauses for now, but November could be crunch time
New governor Michele Bullock didn’t jump at August’s higher inflation, but she will likely not hesitate to impose “some further tightening” if the next print climbs higher.