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It’s a question gaining interest as property investors look for opportunities outside of Australia’s housing market. With the Federal Budget’s negative gearing and capital gains tax changes (kicking in from 1 July 2027) already making some investors rethink Australian residential property, a growing number are casting their eyes across the Tasman. Why New Zealand? Ray… Read more »
As the federal budget’s housing policy changes start to sink in, the impact on the broader economy is starting to be realised. One of the best bits of property analysis I’ve read in a while comes from Nerida Conisbee, Chief Economist at Ray White. The federal budget’s housing measures are designed to push investor demand… Read more »
You’re probably sick of the wall-to-wall budget analysis so I’ve kept my snapshot short and sweet: The next 12 months will continue to be tough for Australian households. The cost of living crisis will continue, wages won’t keep pace with inflation, interest rates will stay higher for longer and while the economy will slow, it… Read more »
We’ve been bombarded by coverage of the federal budget, which is likely to only remain relevant for a couple of months in light of the upcoming federal election. But here are my quick thoughts on it: Economy looking OK (for now) The economy seems to be bouncing back with Treasury forecasts seeing economic growth accelerate… Read more »
All this doom and gloom from the Treasurer annoys me. I know he wants us to stay in the bunker and not party with our spending to bring inflation down. However… Yes, the economy is fragile, but it’s not too bad. We’re still only one of nine countries with an AAA rating from all international… Read more »
Federal Treasurer Jim Chalmers is a self-confessed disciple of Paul Keating. My challenge to Chalmers is to step up from being a disciple of, arguably, Australia’s greatest-ever treasurer to being this generation’s economic reform messiah. In the 1990s Keating (with the support of PM Bob Hawke) reformed the Australian economy and 30 years later we… Read more »
Economists talk about much needed productivity gains and simplifying our tax system is a key part of that. The changes to the stage 3 tax cuts won’t help. I don’t have an issue with watering down the benefits to top income earners and shifting them to lower to middle income earners – those who’ve been… Read more »
A raft of changes are coming into effect from 1 July – here’s what the new policies will mean to your hip pocket. The start of a new financial year brings an enormous number of changes… everything from superannuation and childcare to pay rises and paid parental leave. RateCity.com.au has compiled a list of major… Read more »
With thanks to CommSec, let’s run through the ripple effect of this week’s Federal Budget 2023 on your share investments. Budget Measure: $14.6 billion cost-of-living relief package. Could boost consumer spending on electronics, clothing and groceries. The measures include welfare payments for the unemployed and single parents ($1.9 billion); one-off energy bill discounts ($3 billion);… Read more »
You would have been bombarded with information about this week’s Federal Budget, but I liked what CommSec has done and linked each major budget initiative to the listed companies which will benefit most. Household spending and population growth Due to higher inflation, the government will allocate an additional $33 billion over the next four years… Read more »
