The ACTU has used its submission to the federal government’s upcoming economic roundtable to call for negative gearing and the 50% capital gains tax (CGT) concession to be restricted to a single property. The ACTU also wants a 25% “energy levy” to be imposed on LNG exports, for millionaires and family trusts to pay at
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Canada experienced a boom in temporary migrants over recent years, which helped drive up rental inflation to astonishing levels. As a result, temporary migrants hit a record 7% share of Canada’s population in mid-2024, which the government has promised to reduce to 5% by the end of 2027. Now spare a thought for Australia, whose
Anti-Americanism is an irrational bias. It’s a bit like racism. A prejudice against a people stemming from phobia, not reason. Australians suffer from it a lot, owing to the chip on their shoulder, none more so than Peter Lewis at The Guardian. That deal was to allow Australia to access US-UK nuclear technology delivering long-range
It’s thrust and counter-thrust in the great rent-seeking debate of our time: The PC has launched its allegedly radical plan to boost productivity via cash flow tax. The Productivity Commission has revealed an ambitious plan to slash the income tax rate to 20% for all but the very largest Australian companies. For businesses earning between
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Victoria disease is killing Australia. The malady of permanent Labor governments leading to excessive immigration, falling living standards via the labour market expansion economic model, woke policy fixations, and capitulation to China is fatal in the long run. Alas, the primary symptom of the disease is brainwashing, so nobody can see it, let alone cure
When the RBA released its forecasts for the economy in May, their expectation was that unemployment would rise to 4.3% by the end of 2025 and remain there until mid-2027, the conclusion of the forecast period. With the release of the latest labour force data for June, the nation’s unemployment rate arrived at 4.3% quite
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Bear season starts with a bang. The Market Ear. Average August angst Nasdaq closing below its 20 day moving average for the first time since April. The last time the Nasdaq 100 QQQ fell 2%+ on the first trading day of August was… last year. The QQQs actually fell 2%+ on each of the first
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On Sunday [22 June], the rabbi of the Western Wall joined Prime Minister Benjamin Netanyahu to offer a special prayer for President Trump as a token of appreciation for his steadfast support of the State of Israel during this time, and for his contribution to regional security.
Netanyahu Thanks God, Prays for Trump at Western WallBy Hana Levi Julian - 27 Sivan 5785 – June 22, 2025
S&P Global has advised the Victorian government that its credit rating will not be downgraded from ‘AA’, as it has been assured by the government that it will “control operating costs ahead of the 2026 election, deliver promised cost savings, and slow growth in debt”. However, S&P noted that the Victorian government’s financial management has
