Economic News

The report covers R&D claims for the 2023–24 income year. In total, 13,490 companies claimed R&D expenditure of $16.7 billion.

When aCentral Bankpublishes a forecast that inflation will rise before it falls, the natural question is how high, and for how long. The Reserve Bank of Australia (RBA) answered the first half of that question in its November 2026 Statement onMonetary Policy(SMP). In the …

That contrast matters as debate over how Australia taxes its gas resources continues, and as the federal budget leans on resource-sectorRevenuemore broadly.

Central bank statements are often short, and individual phrases carry a great deal of weight. In the statement accompanying its 3 November 2026 decision, the Reserve Bank of Australia'sMonetary PolicyBoard wrote: "Inflation is now forecast to remain elevated through much of 2027". For households …

The e61 and Holden analysis modelled how average tax rates change over 10 years at different income levels if tax brackets are left unchanged while wages rise.

Economic forecasts are built on assumptions, and few assumptions move the numbers as much as the price of oil. In the November 2026 Statement onMonetary Policy(SMP), the Reserve Bank of Australia (RBA) disclosed that "The assumed oil price in the December quarter is 35 …

Bracket creep is the extra tax collected when wages rise but tax thresholds stay put. Over time, more income is taxed at higher marginal rates, even if a worker is no better off after inflation.