In December, the Albanese government’s budget update had some surprises in it. One of the biggest involved big upward revisions to the size of Australia’s superannuation tax concessions. Let’s take a look at them. (more…)
Gareth Hutchens
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Australia’s household wealth surged by the end of 2020 — but property owners have taken the lion’s share
The recession was great for some Australians. Despite the pain of the lockdowns, and nearly a million jobs disappearing, by the end of 2020 Australia’s household wealth was surging. (more…)
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JobKeeper recipients paying millions in bonuses to their executives, research reveals (ABC Sep 10, 2020)
At least 25 companies have paid bonuses worth a combined $24.3 million to their executives after claiming JobKeeper subsidies, an analysis of the financial reports of 290 entities on the ASX 300 has found.
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Joseph Stiglitz: ‘America should be a warning to other countries’
In the lead-up to his Australian visit, the renowned economist warns of the triple threat of rising inequality, the undermining of democracy and climate change.
This article was published by The Guardian on the 5th of November 2018.