Australia has avoided a second consecutive quarter of negative economic growth, rising by 1.1 per cent in the December quarter and beating market expectations.
Peter Martin is the Economics Editor for The Age.
Treasury boss John Fraser has implored Parliament to consider cutting the company tax rate, saying it would be "critical" to respond to international competition.
The Turnbull Government proposed company tax cut would cut national income for years before it boosted it and would never be self-funding, a new analysis from the Grattan Institute has found.
All high income Australians would pay the 1 to 1.5 per cent Medicare Levy Surcharge under a budget proposal that would raise a breathtaking $4 billion per year, more than 6 times the net amount saved in the first Turnbull budget.
Reserve Bank governor Philip Lowe has no plans to cut interest rates, and worries that he did he would make an already indebted nation "more fragile".
Reserve Bank Governor Philip Lowe has dashed hopes of a further cut in interest rates, pleading for people to "focus on other things other than quarter of a per cent moves in the cash rate".
Australian schools pay $9 million each year to display web pages that are available freely available on the internet. They are even charged for displaying thumbnail images of book covers on their library intranet sites.
Former Treasury chief and National Australia Bank chairman Ken Henry is far from a zealot on cutting company tax rates.
Former treasury boss Ken Henry has backed the government's 10-year plan to cut the company tax rate, saying it should be done even sooner.
Low wage growth is what the Coalition wanted. Within weeks of being sworn in as employment minister in 2013 Eric Abetz warned "weak-kneed employers" not to cave in to unreasonable demands.