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Focus on RBA official for verdict on federal budget

THE first speech by a Reserve Bank official since the federal budget will be watched closely by investors as debate rages over whether the government has helped or hindered in the fight against inflation. RBA chief economist Sarah Hunter will appear at the Bloomberg Forum for investment managers in Sydney on Tuesday, soon after a speech by Treasurer Jim Chalmers. Dr Chalmers’s fifth budget, released exactly a week earlier, has attracted blowback from the big end of town over changes to investor tax breaks and the use of trusts to minimise tax. But economists have also narrowed

Australian economy expected to add thousands more jobs

How housing became a generational budget battleground

Coalition migrant cuts plan triggers ire of uni sector

‘Self-fulfilling’ inflation expectations risk recession

Trust tax changes could mean small business relief

Mixed results from first post-budget auction weekend

Expert report shows new home sales on the rise

New home sales during April increased by 4.9 per cent despite rising interest rates and domestic and global uncertainty, according to Housing Industry Association chief economist Tim Reardo

Labor defends ‘worst budget in 30 years’

The long-term gains from controversial housing tax changes are worth the short-term political pain, treasurer Jim Chalmers has declared, after two new opinion polls showed his Fed

Land levy plan to fund emergency services

PROPERTY owners in Australia’s most populous state could pay an annual levy of up to $600 under a proposal to change the way emergency services are funded. NSW is the only mainland

Climate change risks billions in infrastructure

TENS of billions of dollars worth of roads, rail, hospitals, and energy assets in one state alone are at risk of damage or destruction from climate change-fuelled extreme weather. In wha