Stage 3 tax cuts will fatten the wallets of all Australians, but an economist is warning the new taxation landscape contains dangerous inflation risks that could pummel mortgage holders with higher interest rates. It all hangs on how families decide to spend their uptick in wealth, Dr Nalini Prasad fromContinue Reading

Treasurer Jim Chalmers has defended his budget as a “conservative” and “cautious” spend that would not spark inflation by “spraying cash around”. Appearing on the ABC following his budget speech on Tuesday night, Mr Chalmers rejected the argument his relief measures, such as $300 energy rebate for every household andContinue Reading