Normal
Just to highlight the issue, of the Govt inflating away its deficit, while blaming the RBA for the pain, another master stroke. [URL unfurl="true"]https://www.afr.com/policy/economy/labor-s-tax-take-to-hit-15-year-high-20230502-p5d4tm[/URL]The federal government’s tax take is poised to hit its highest level in 15 years thanks to soaring resource sector profits and inflation pushing workers into higher tax brackets.Veteran budget watcher Chris Richardson expects the May 9 budget to reveal tax revenue as a share of the economy will reach 23.8 per cent next financial year, which will be the highest level of collections since 2008.If the media was going to be honest, the RBA has been pretty gentle with interest rates, when compared to most other major countries IMO.[ATTACH=full]158053[/ATTACH]And historical:[ATTACH=full]158055[/ATTACH]
Just to highlight the issue, of the Govt inflating away its deficit, while blaming the RBA for the pain, another master stroke.
[URL unfurl="true"]https://www.afr.com/policy/economy/labor-s-tax-take-to-hit-15-year-high-20230502-p5d4tm[/URL]
The federal government’s tax take is poised to hit its highest level in 15 years thanks to soaring resource sector profits and inflation pushing workers into higher tax brackets.
Veteran budget watcher Chris Richardson expects the May 9 budget to reveal tax revenue as a share of the economy will reach 23.8 per cent next financial year, which will be the highest level of collections since 2008.
If the media was going to be honest, the RBA has been pretty gentle with interest rates, when compared to most other major countries IMO.
[ATTACH=full]158053[/ATTACH]
And historical:
[ATTACH=full]158055[/ATTACH]
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