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SYDNEY, June 4 (Reuters) - Australia's lower house of parliament passed a bill on Thursday for the government's biggest overhaul of taxes in decades, curbing tax breaks for property investors to make housing more affordable and scrapping a capital gains discount.
The nation wants all the benefits of the boom but none of the disruption. But this transformation is so fast it may end up with the opposite.
Australia has swept the Valladolid Sevens finals after comeback wins over the No. 1-ranked teams in the rugby sevens world series
SYDNEY, June 4 (Reuters) - Australia's central bank is closely monitoring economic conditions to assess how higher interest rates and the global energy price shock are playing out, its top central banker said on Thursday.
Our new ranking of the best courses in Australia is highlighted by a new #1, plus the high debut of the country's latest stunning design
The Houses awards shortlist celebrates the country’s most ‘intelligent, dynamic and visually compelling homes’
Meta accused Australia of violating a free trade agreement with the U.S. by proposing a new tax on certain tech giants which do not strike licensing deals with local media,
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Australia’s productivity problem might be hiding in plain sight
For more than a decade, Australia's productivity growth has disappointed economists, business leaders and governments alike. ... Read More The post Australia’s productivity problem might be hiding in plain sight appeared first on Stockhead.