The Spanish Solution

The Reserve Bank of Australia has again paused on raising the official cash rate leaving it unchanged from 4.10 %. In his statement on Tuesday the RBA governor Phillip Lowe stated that he expected Australia’s CPI inflation “will continue to decline, to be around 3.5% by the end of 2024.” An observation by senior APAC… Continue reading The Spanish Solution

Labor considering a gas tax hike

Perhaps the federal government has identified a shift in public sentiment, as it is likely that they will impose a tax on the windfall profits of gas producers during the May budget. Which speaks to how confident the Albanese government is in its popularity within the electorate, considering the scarring from the Mining Tax experience… Continue reading Labor considering a gas tax hike

Coal and Gas Price Caps

The Federal government announced on Friday, 9 December that they intended to introduce legislation to impose a cap on coal and gas prices. Something that will be welcome news to most Australian households, that are feeling the squeeze from high interest and inflation rates. A price cap simply establishes a rate or price to be… Continue reading Coal and Gas Price Caps