A controversial carve-up of the country’s GST revenue should be scrapped altogether under a radical plan that would give Western Australia an even bigger slice of the $89.5bn pie, while cumulatively leaving Victoria, NSW and Queensland billions of dollars worse off. Even as WA is expected to rake in billionsContinue Reading
A leading economist has branded Australian housing a “misery machine” while reiterating calls for cuts to immigration until construction can catch up with demand. Chris Richardson appeared on ABC’s QandA on Monday night where an audience member posed the question of whether migration levels should be linked to the capacityContinue Reading
A leading economist has weighed into the increasingly heated debate over Australia’s housing crisis, calling for a slowdown in immigration to allow time for supply to catch up with demand. Chris Richardson, independent economist and former Deloitte Access Economics partner, wrote in an op-ed for The Australian Financial Review onContinue Reading
A workplace expert has called for Australia to fall in line with its overseas counterparts and increase annual leave from four weeks to six. Workers haven’t seen any increases to annual leave since the mid-1970s Whitlam era when unions successfully pushed for an increase from three to four weeks leave.Continue Reading
A peak industry body has warned it is “plausible” that Australia could be hit by a “severe recession” in the years ahead as the economic pain facing the country escalates. A new report by the Actuaries Institute, the country’s peak actuarial body, has revealed the “three alternative futures” that AustraliaContinue Reading