The scheduled stage three tax cuts could stop the Reserve Bank from cutting interest earlier, economists have cautioned, amid warnings the controversial changes will pump billions of dollars of additional spending into the economy, inflaming price pressures. The tax changes, which were legislated by the Morrison government in 2019 andContinue Reading

It’s the Melbourne Cup rate rise that the big banks are betting on, but one leading economist has broken ranks to urge the Reserve Bank to hold fire. Interest rates are set to rise on Melbourne Cup Day according to most experts, with predictions rates will stay “higher for longer”.Continue Reading