When Q&A host Tony Jones asked if wealthy people should pay more tax, the AiGroup’s Innes Willox said that Australia already has one of the highest progressive tax rates in the developed world. Is that true?
Investor loans continue to rise, unemployment ticks down, wages growth remains distressingly low and consumers are unconvinced the budget will improve their financial situation, writes Richard Holden.
The conviction of Jakarta’s Christian Governor Ahok on blasphemy charges is a sign of the tensions at the heart of Indonesia’s legal system, writes Melissa Crouch.
Given the lack of competition in the sector, it won’t be the banks’ shareholders who pay for the new $6 billion levy. It will be mortgage holders and other customers, writes Richard Holden.
The 'first home super saver scheme' is bad economics, somewhat costly, and a cruel hoax on prospective buyers who are struggling with an out-of-control housing market, writes Richard Holden.
