News
Immigration boosts federal budget but harms state budgets
1+ day, 43+ min ago (100+ words) MacroBusiness Immigration boosts federal budget but harms state budgets There are two primary reasons why the federal government favours high levels of immigration. First, immigration boosts the economy as measured by GDP. As a result, implementing a high-immigration strategy allows…...
The $4.6 million couple who could qualify for welfare
2+ week, 1+ day ago (105+ words) MacroBusiness The $4.6 million couple who could qualify for welfare Recently there was an article in the Australian Financial Review advice columns which was based on a couple with $4.6 million in superannuation asking if they could qualify for a Commonwealth Seniors…...
$100 billion of disability spending cripples economy
1+ mon, 3+ week ago (119+ words) MacroBusiness $100 billion of disability spending cripples economy The Budget papers show that the federal government’s total spending on disability in the 2027 financial year will come in at $98.1 billion, despite its efforts to curb the National Disability Insurance Scheme’s (NDIS) growth....