Business

Just 6 per cent of survey respondents said they were ‘very confident’ tonight;s Budget will improve their finances.

The one thing Aussies want the most from tonight’s Budget

Capital gains tax and negative gearing have dominated the pre-Budget headlines, but a new survey released just hours before Treasurer Jim Chalmers stands up in Parliament has revealed what voters really want.

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Changes to capital gains tax. Everybody seems to be talking about it. But what does it actually mean for the average Australian?

Everything you need to know about capital gains tax changes

Debates over Australia’s capital gains tax system are ramping up ahead of tomorrow’s Federal Budget. But how will it affect Aussies?

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Investors are closely watching the market after the US rejected a Middle East peace plan. (Lukas Coch/AAP PHOTOS)

Aussie shares drop as ceasefire frays, CSL plunges

Local shares have slid after Donald Trump called Iran's peace offer ‘totally unacceptable’ and a local biotech company downgraded its earnings guidance.

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Treasurer Jim Chalmers has vowed to cut spending and bank extra revenue from higher commodity prices.

Chalmers vows to cut spending amid warning of soaring rates

Treasurer Jim Chalmers has vowed to cut spending and bank extra revenue from higher commodity prices, as a former Treasury economist warns of six more rate hikes if Labor keeps splurging.

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Navigating the complexities of the superannuation system to successfully make a plan for your retirement is no mean feat. So when you get it right, it makes the pay-off so much sweeter.

Congrats! You’ve nailed the ideal grand retirement plan

Q+A: Navigating the complexities of the superannuation system to successfully make a plan for your retirement is no mean feat. So when you get it right, it makes the pay-off so much sweeter.

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Higher interest rates and an oil shock generated by the Middle East war are expected to slow demand and lower economic growth.

Why this big four bank is optimistic the RBA will hold rates

ANZ expects the Reserve Bank will keep interest rates on hold for months after three inflation-fighting hikes this year.

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Older small business operators hoping to make voluntary concessional contributions to superannuation have been told to make sure they satisfy employment rules before sending any money to their fund.

A super work hurdle for older small business owners

Older small business operators hoping to make voluntary concessional contributions to superannuation have been told to make sure they satisfy employment rules before sending any money to their fund.

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Chicken nuggets could get even more expensive as Inghams warns of rising fuel bills.

Why your chicken nuggets and burgers could cost even more

Chicken fillets, nuggets and burgers could get more expensive after one of the nation’s major poultry producers warned of rising fuel bills triggered by the ongoing war in the Middle East.

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There are 2.2 million property investors in Australia holding their collective breath right now ahead of Jim Chalmers’ Budget. And there’s one small but painful thing they may not have considered.

Bought a rental in the past decade? It’s about to end badly

DEBTMAN: There are 2.2 million property investors in Australia holding their collective breath right now ahead of Jim Chalmers’ Budget. And there’s one small but painful thing they may not have considered.

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In grim news for households hurting now, they are yet to be paying for all three of the 25 basis point rate hikes announced by the Reserve Bank this year. 

Rate hike pain yet to hit mortgage holders

The Reserve Bank has delivered a third straight rate hike but experts warn the real mortgage pain has not yet begun for struggling households.

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Consumers have been warned to stop using the item immediately.

‘Metal shards’: IKEA issues urgent recall over injury risk

Customers have been warned to stop using the item immediately or risk ingesting metal shards.

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Shemara Wikramanayake and Simon Wright.

Macquarie execs take home huge pay packets despite missteps

Regulatory missteps prevented CEO Shemara Wikramanayake from taking full advantage of bumper profits at the investment bank, and despite taking home more than $26m, another executive out-earned her.

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Denying young people the tools older generations have used to accrue wealth would be the true act of inequity.

Why capital gains tax changes are unfair to young people

MARK HUMPHERY-JENNER: Denying young people the tools older generations have used to accrue wealth would be the true act of inequity.

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Treasurer Jim Chalmers.

Super test shake-up could unlock riskier investments

Labor may loosen super investment rules, but Jim Chalmers says members’ interests will remain paramount.

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Elon Musk is poised to float the world’s most valuable start-up on the stock market. 

What is Elon’s formula? Exploring the rise of Muskism

THE ECONOMIST: A historian along with a technology writer uncover the essence of Muskism.

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