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Showing 31 - 40 of 259 results for "Tax cuts"

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
... Federal Treasurer Josh Frydenberg is expected to announce a growth boosting budget that includes bringing forward income tax cuts, new infrastructure and energy infrastructure spending, business incentives including a wage incentive scheme to encourage ...

What to expect from the Retirement Income Review

KANIKA SOOD  |  FRIDAY, 24 JUL 2020
... inconsistent with the purpose of super could survive. You could use that money for budget repair and personal income tax cuts." In the interests of transparency, it is critical this report is immediately released to the public so its findings can be ...

US faces deepest recession on record

ALLY SELBY  |  FRIDAY, 3 APR 2020
... said. "Given the severity of the downturn, we think more fiscal stimulus will be needed." These could include payroll tax cuts and rebates, more unemployment benefits, an infrastructure bill and additional funding for small businesses. She predicts US ...

Chief economist update: Working nine to five, barely getting by

BENJAMIN ONG  |  THURSDAY, 20 FEB 2020
... credit each month decreased 28% to $453 per month." And that, ladies and gents, is after the Morrison government's tax cuts in July last year and the RBA's three 25 basis point rate cut each in June, July and October - indicating that both monetary ...

Chief economist update: A penny saved, a penny not earned by the economy

BENJAMIN ONG  |  FRIDAY, 6 DEC 2019
... disposable income (as at the June 2019 quarter) -- it's highly likely that further interest rate reductions and/or tax cuts would be saved and used to service this debt. Worse, the more the RBA provides monetary accommodation, the more anxious we ...

Chief economist update: Australian economy gently turning which way?

BENJAMIN ONG  |  THURSDAY, 5 DEC 2019
... (from 1.5% to 1.25% in June and 1% in July - it cut rates again to 0.75% in October) and the Morrison government's tax cuts implemented in July. Recall that, the RBA's optimistic outlook is predicated on the "low level of interest rates, recent ...

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
... "expected to be close to 2%". The RBA's optimistic outlook is predicated on the "low level of interest rates, recent tax cuts, ongoing spending on infrastructure, the upswing in housing prices and a brighter outlook for the resources..." Speaking ...

Chief economist update: Brexit la la la

BENJAMIN ONG  |  FRIDAY, 8 NOV 2019
... the Conservative Party pledges government spending on infrastructure - roads, railways and construction - as well as tax cuts if re-elected, reported to take fiscal spending from the current 2% of GDP to 3% of GDP. Not be outdone (or outvoted), Labour ...

RBA downplays likelihood of further rate cuts

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
... employment aim of 4.5%. Speaking in Washington to the IMF, Lowe said that the central banks rate cuts and government tax cuts have been effective at supporting the domestic economy. "The economy has been through a very soft patch over the past year but ...

Chief economist update: Economy slows to decade low but still tops the pops

BENJAMIN ONG  |  THURSDAY, 5 SEP 2019
... per Frydenberg: "Significantly, these numbers do not incorporate the passage through parliament of the most significant tax cuts in more than 20 years and the full impact of the RBA's decision to reduce interest rates by 50 basis points". As for ...