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The Vote Panel: Everyone is promising houses
As we close in on election day, housing affordability has become a central issue of this campaign. People’s mortgages are going up and it could put upward pressure on rents.
So, how are cost of living pressures factoring into the decision voters will make in just two weeks time?
The Vote: What are Labor actually offering?
The Labor Party officially launched their campaign on Sunday, unveiling new policies and making their most comprehensive pitch to voters so far. But the policy offering remains slimmer than it was three years ago, which is part of what has been described as the party’s small target strategy. Today, national correspondent for The Saturday Paper, Mike Seccombe on the Labor Party’s policy platform and the demographic data that shaped it.
The Vote Panel: Three weeks in and it’s all about to start
Today, Anthony Albanese is set to end his isolation and return to the campaign trail after he tested positive for Covid-19 last week. As he returns to campaigning in-person, the cost of living has become an even more pressing election issue and a deal between China and The Solomon Islands has opened up a surprising avenue of attack on the Coalition.
Will house prices ever crash?
For decades, house prices in Australia have been accelerating and defying every prediction of a crash. The pandemic has done nothing to slow down that trajectory, with prices continuing to go up, despite economic uncertainty. Today, Russell Marks on why Australia’s housing market continues to confound expectations and what might actually make a difference.
Scott Morrison hits the panic button
With the government trailing in the opinion polls, Prime Minister Scott Morrison has attempted to improve his image. But will these last ditch efforts work, or do they just appear desperate? Today, Paul Bongiorno on how Scott Morrison is attempting to claw back ground as the election inches closer.
What to expect this election year
This year Australians will head to the polls and cast their judgement on the performance of the federal government. According to the latest polls the Labor opposition are the favourites to win, yet predicting Australian politics is notoriously fraught. Today, columnist for The Saturday Paper Paul Bongiorno, on what kind of surprises might be in store this election year.
Scott Morrison prepares for the fight of his life
As 2021 comes to end, most of us are winding down. But in Canberra, with the election on the horizon, the contest is just beginning. Today, Paul Bongiorno on what we’ll see as both leaders fight for their political future.
A temporary stay in a ‘land of fairytales’
When Afghanistan fell back under Taliban control earlier this year, the Australian government announced it would evacuate more than 4000 people. But despite being promised safety here, some are concerned they could be sent back to the country they fled. Today, Anu Hasbold on one refugee’s journey from Afghanistan to Australia, and the uncertainty they now face.
The tax cuts that could bankrupt Australia
No matter which major party wins the next federal election, the top 5 percent of income earners in Australia will receive tax cuts worth 180 dollars a week. These tax cuts will cost the budget 300 billion dollars over 10 years. According to those in the social service sector, the tax cuts will be funded from cuts to education, health and welfare. Today, Cassandra Goldie on the origin of these tax cuts and what their real cost will be.
Labor’s great surrender
While many Australians were focused on watching the Olympics this week, the federal Labor Opposition quietly made some significant policy changes. The party has now fallen in line with the government's tax cuts for the wealthy, despite previously labelling them unfair and ineffective. Today, Paul Bongiorno on Labor’s small-target strategy, and if it will work.
How these billionaires doubled their wealth during a pandemic
For many Australians the pandemic has led to some kind of economic hardship, but while workers have suffered some of Australia’s billionaires doubled their wealth during one of the worst global recessions on record. Today, Mike Seccombe on how badly implemented government policy combined with pure luck to make the country’s richest even richer.
The Liberal MP who wants to empty your super
The Coalition’s surprise win at the last federal election is largely attributed to a relentless campaign targeting Labor’s key economic policies, led by Liberal MP Tim Wilson. Now Wilson has launched a new campaign to reshape the four trillion dollar superannuation industry. Today, Rick Morton on the Liberal vision for our retirement savings, and how it would impact all of us.
The 160,000 jobs lost while the government waited
Serious questions are being asked about whether the timing of the government’s economic relief packages may have actually led to job losses. Today, Mike Seccombe on the flaws in our rescue package that could have cost 160,000 jobs.
Coronavirus, part three: the economics of a shutdown
With hundreds of thousands of Australians losing their jobs, the economic cost of coronavirus is becoming clear. Today, chief economist at The Australia Institute Richard Dennis on how we can get through the next 18 months.
The sniff, the scent of victory
As Labor responds to an internal review of its election defeat, some in the party feel they have already lost the next election.
The death toll of inequality
In Australia, the gap in life expectancy between the rich and poor has reached 10 years – the outcome of “savage capitalism”.
That won’t feed one cow
As Scott Morrison attempts to control the message on handling the drought, there is bad news for his claims to strong economic management.
Cash and the black economy
New legislation will restrict the way Australians use cash. But there are concerns the laws could jail people for using legal tender.
Spies and Chinese money
Australia’s relationship with Chinese investment has been remade in the past six years. David Uren on how ASIO helped transform the Foreign Investment Review Board.
Trump, Morrison, money and the drought
As Scott Morrison tried to shift Australia’s focus to the drought, and the cash rate fell below 1 per cent, Donald Trump’s paranoia followed the prime minister home.
What’s eating Philip Lowe
Philip Lowe is the governor of the Reserve Bank. He is a conventional person who’s been pushed by the economy to make unconventional choices.
The truth about wages
The reality of the wage debate in Australia is that companies are geared to pay dividends rather than to invest in growth – and the treasurer’s intervention does nothing to change that.
The case for raising Newstart
As the campaign to raise Newstart intensifies, details emerge of who is actually living on the payment and for how long.
Scott Morrison and the Laffer napkin
Scott Morrison’s tax cuts are based on an American theory of economics trialled in the 1970s, but the evidence since suggests it does not work.