Category : Economy


Fuel Excise Cut: $2.6 Billion Inflation Gamble

The Albanese Government's fuel excise cut is under fire for potentially adding $2.6 billion to inflation, with critics arguing it's a short-term fix that fails to address underlying supply issues and could backfire by encouraging stockpiling.

Fuel Excise Cut in Effect, Price Drop Delayed Days

The fuel excise reduction of 26.3 cents per litre began at midnight, but motorists may not see immediate price drops as service stations sell existing supplies. An additional GST cut could bring total savings up to 36 cents.

Fuel Excise Optimism Fades as Petrol Prices Rise

Initial optimism from the temporary fuel excise cut has quickly faded, with petrol prices surging again, raising concerns about cost-of-living pressures and government policy effectiveness.

Australia's 12% Super: Is Compulsory Rate Too High?

Debate intensifies over Australia's 12% superannuation guarantee, with critics arguing it reduces take-home pay and stifles economic growth, while supporters defend it as essential for retirement security.

World Faces Hard or Crash Landing Amid Inflation Crisis

Surging inflation expectations threaten a global sovereign debt crisis, forcing central banks to choose between a hard or crash landing. Borrowing costs soar worldwide, with emerging markets and Europe at highest risk.

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