Category : Economy


Trump's K-Shaped Economy: Wealthy Soar, Rest Struggle

Steven Greenhouse examines how Trump's policies have worsened the K-shaped economy, with the wealthy benefiting from a booming stock market while most Americans face rising inflation, high gas prices, and stagnant wages.

Global Justice Report: Utopian Vision for Planet

The World Justice Report outlines a plan for prosperity within planetary boundaries, challenging far-right and traditional left alternatives with concepts of sufficiency and global equity.

Millions may get up to 5% wage rise from July 1

Almost three million Australian workers could receive a pay rise of up to five per cent from July 1 as the Fair Work Commission prepares to hand down its minimum wage decision amid high inflation.

Treasurer backs substantial minimum wage rise

Treasurer Jim Chalmers calls for a substantial minimum wage increase as the Fair Work Commission prepares to announce its decision, urging the Coalition not to oppose tax reforms.

SA Treasurer Koutsantonis unveils budget amid $50B debt

South Australian Treasurer Tom Koutsantonis presents his budget on Thursday, facing $50 billion debt driven by infrastructure costs and rising interest rates, with a focus on stability and managing existing commitments.

Minimum wage to rise 4.75% from July

About 3 million Australian workers will receive a pay rise after the Fair Work Commission's annual review, with the lowest paid getting a 6% increase from July.

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