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Tax Office win in overturning backpacker tax ruling

Tax Office win in overturning backpacker tax ruling

The ATO appealed against a Federal Court decision that put a dent in the federal budget.

  • by Michaela Whitbourn

Latest

Victorian COVID restrictions will push unemployment to 10 per cent, PM warns
Coronavirus pandemic

Victorian COVID restrictions will push unemployment to 10 per cent, PM warns

Restrictions in Victoria aimed to stop the spread of the coronavirus will cost the national economy between $10 billion and $12 billion, Scott Morrison has warned.

  • by Shane Wright
Bold political leadership needed to fashion economic recovery
Editorial
Coronavirus pandemic

Bold political leadership needed to fashion economic recovery

Treasurer Josh Frydenberg should look beyond what Ronald Reagan and Margaret Thatcher did, but heed the political prowess that let them to do it.

  • The Herald's View
This is why we don't need to panic about record budget deficits
Opinion
Opinion

This is why we don't need to panic about record budget deficits

The federal government has run budget deficits in more than 80 per cent of the years since Federation. If debt is so bad, how come we’re not in debtors' prison already?

  • by Ross Gittins
Frydenberg's free-market muttering lacks coherence
Opinion
Josh Frydenberg

Frydenberg's free-market muttering lacks coherence

It’s one thing to invoke Thatcher and Reagan – it’s another thing entirely to try and emulate them.

  • by John Ruddick
Morrison has outrun the avalanche but crisis remains
Analysis
Analysis

Morrison has outrun the avalanche but crisis remains

The weakness in the Australian economy comes when old allies are suffering even greater declines this calendar year.

  • by David Crowe
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Dead hand of the state will be our JobKiller if it persists beyond the pandemic
Opinion
Opinion

Dead hand of the state will be our JobKiller if it persists beyond the pandemic

History tells us what we must do after the virus has done its worst: release the economy's "animal spirits" and let the free market return us to prosperity.

  • by Tom Switzer
Frydenberg channels Reagan while declaring opposition to austerity
Coronavirus pandemic

Frydenberg channels Reagan while declaring opposition to austerity

Josh Frydenberg says the government will not adopt austerity to deal with record budget deficits, but it will also take inspiration from Reagan and Thatcher.

  • by Shane Wright
Albanese says young people need job opportunities, not 'a hug'
Coronavirus pandemic

Albanese says young people need job opportunities, not 'a hug'

The Opposition Leader has responded to comments from ABC chair Ita Buttrose criticising Millennial workers as lacking resilience, saying the government must do more to create jobs.

  • by Jenny Noyes
Meet the RBA boss giving us the green light to turn the budget red
Good Weekend talks

Meet the RBA boss giving us the green light to turn the budget red

Taking a look at our central bank governor on everything from managing debt in a pandemic, to his relationship with Scott Morrison and Josh Frydenberg.

  • by Konrad Marshall
Unemployment to soar as economy suffers deep recession
Coronavirus pandemic

Unemployment to soar as economy suffers deep recession

Up to 240,000 more people are likely to be unemployed by Christmas as a budget update forecasts the deepest recession since the 1930s.

  • by Shane Wright