To then have a tax system that pulls the ladder out of reach of young people is bad – for all of us. Grattan Institute CEO Dr Aruna Sathanapally says our tax and spending policies are leading to “unprecedented transfers from younger households to older households.”Credit: Alex Ellinghausen Grattan Institute chief executive Aruna Sathanapally, in […]
Despite four successive quarters in which the economy’s rate of growth in “aggregate demand” has been very weak, our Reserve is delaying a reduction in interest rates because, it says, the level of demand is still higher than the level of supply. If so, the rate of inflation may not keep falling, or may even […]