Mercedes

Economics


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'We are not mongrels or bastards'

29 May 2018 | SMH

ATOTax Commissioner Chris Jordan says the Australian Taxation Office has agreed to trial independent reviews when small businesses and individuals are in dispute with the agency over a tax matter, following /react-text a joint Fairfax-Four Corners investigation react-text: 411 into the agency.

Appearing before Senate estimates on Wednesday morning, Mr Jordan took issue with the joint investigation's revelations of small business taxpayers being harassed, intimidated and bullied by the agency, and then having insufficient avenues to appeal the decisions and get adequate compensation.


The jobs of tomorrow: what to tell your children

08 May 2018 | Rob Burgess

One of the difficult bits of advice many parents will have to give their kids in the next few years is “don’t do the job I did”.


The Putin myth: why Russia is no economic superpower

12 April 2018 | Ambrose Evans-Pritchard

Russia's GDP was smaller than that of Texas even before the latest and most lethal sanctions imposed by Washington. It has diminished further to Benelux proportions after the rouble's 10 per cent crash this week, the steepest fall since the late Nineties.


How Elon Musk's big Tesla battery is changing Australia's power landscape

08 April 2018 | Nick Harmsen

The world's biggest lithium-ion battery — built by tech billionaire Elon Musk's company Tesla last year — has survived its first summer in South Australia's mid-north.


Turnbull is wrong to give us tax cuts in the budget

08 April 2018 | Jessica Irvine

Tax CutThere is just one month to go until the social highlight of every economics journalist’s calendar: the federal budget lock-up.


Australia's lowest earners hit hard by penalty rate cuts

28 May 2017 | Kelly Hughes, Charlotte Lemmon, Lexi Denison, Ainslie Couper

The Fair Work Commission, with the support of the Turnbull government, has made a hallmark decision to cut penalty and Sunday pay rates.

This decision affects those working across the retail, hospitality, fast food and pharmacy sectors and is expected to hit hundreds of thousands of low earning Australians.


Unemployment falls to 5.7% in April

17 May 2017 | SMH

Australia's unemployment rate fell to 5.7 per cent in April, official figures show, beating expectations of a flat rate of 5.9 per cent.

The total number of people with jobs rose by 37,400 in the month, the Australian Bureau of Statistics said on Thursday.


Budget 2017: Shorten’s reply speech shows dangerous new political reality

16 May 2017 | The Australian

Australian politics is now a race to the bottom of the economic canyon.

Bill Shorten’s budget reply speech tonight crystallised the dangerous new political reality in Australia.


Wage growth set to stall at all-time low

16 May 2017 | SMH

Real wage growth has fallen into negative territory and stalled at an all-time low, figures to be released on Wednesday are expected to show, as workers receive pay rises that have failed to keep up with the cost of living.


'It's pathetic': Labor to oppose Malcolm Turnbull's university changes

10 May 2017 | SMH

Labor will put higher education at the centre of its response to this year's budget by announcing it will oppose all the government's major university changes, including the proposed rise in fees and slashing of the HECS repayment threshold.


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Mercedes

 

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