The US has suspended military assistance to Ukraine, including the delivery of weapons that were already in shipment, Polish Prime Minister Donald Tusk has told journalists. Earlier, the move was reported by several US media outlets.
Trump’s speech was full of wild claims. Here are seven that weren’t true
President Donald Trump’s address to a joint session of Congress highlighted several of the initiatives he has started in his first six weeks in office, but many of his comments included false and misleading information.
Here’s a look at the facts.
Wednesday’s Q4 2024 national accounts release from the Australian Bureau of Statistics (ABS) reported that the economy finally emerged from its per capita recession. The economy has finally broken the record seven consecutive quarter streak of real per capita GDP declines with a 0.1% quarterly expansion (with eight out of the last 10 quarters recording
AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225
The post Macro Afternoon: 5 March 2025 appeared first on MacroBusiness.
A group of independent Teal MPs is calling on the federal government to index income tax thresholds to inflation. Tax reform is likely to be a major issue for the Teals in the event of a hung parliament. The tax reform plan would see all income tax brackets indexed either to inflation or a flat
The post Teals talk sense on income tax appeared first on MacroBusiness.
For years I have warned that taxing cigarettes as heavily as Australia does would result in three unintended consequences. It would create a large black market for smokes. Tobacco smuggling will increase, providing a source of revenue for criminal organisations, jeopardising law and order. New health dangers will emerge as vaping’s popularity grows in place
The Australian Bureau of Statistics’ (ABS) annual state accounts showed that Victoria’s per capita GDP declined by 1.2% in 2023-04 and has only increased by 10.4% since the Global Financial Crisis (GFC) in 2008. This compared with a 1.0% national decline in per capita GDP in 2023-24 and a 14.5% gain since 2008. Productivity growth
Some days I wonder what is going through ALP dills heads. Anthony Albanese has flagged the prospect of Australia sending peace-keeping troops to Ukraine, declaring he is “open” to considering any requests for help. Meanwhile, at home. The Premier of Western Australia has called for a bigger naval presence along the coastline as three Chinese
Gallagher says forcing employees back to the office ‘a step in the wrong direction’, particularly for women, as opposition’s plan to cut public service remains unclear
Labor accuses ‘policy-lazy’ Dutton of copying Trump as Coalition pushes to end WFH for public servants
BY Josh Butler