A controversial ban on credit card payments on tax bills will be delayed by more than six months, after the federal government overruled the tax office and announced new stopgap funding.
www.theguardian.com/australia-ne... #auspol #ausecon

A controversial ban on credit card payments on tax bills will be delayed by more than six months, after the federal government overruled the tax office and announced new stopgap funding.
www.theguardian.com/australia-ne... #auspol #ausecon
Turns out that locking up talent can lock down innovation. Labor's reforms would ban non-competes for most Australian workers, letting people move and ideas circulate. Will the Coalition support the proposed changes? https://doi.org/10.1257/app.20240804 #ausecon
Prelim Domain auction clearances
Syd 53%=final ~53%,Oct avg 64
Mel 56%=final ~53%,Oct avg 64
Long wkend in Syd & clearances helped by listings being around -30%yoy, but rising spring listings & weak demand due to rate hikes, tax hikes & poor confidence will keep clearances depressed.
#ausecon
Aussie inflation undershoots, RBA hike bets get slashed, ASX jumps — but US bond yields just hit a 19-year high. The full picture is messier than the local headline. https://market7.financialregister.com.au/p/australia-s-inflation-cools-asx-jumps-to-three-week-high #AusEcon
From tomorrow, the price you see should be the price you pay.
Ending card surcharges means clearer prices, easier comparison shopping and fewer nasty surprises at the checkout. https://www.andrewleigh.com/transcript_abc_radio_queensland_30_september_2026 #auspol #ausecon
RBA: hikes rates.
Blue Sky: *no reaction*
Bunch of you paid your homes off in 2002 and it shows!
#ausecon
Not sure what it augers if anything, but this is the first time in ages Gold and Oil have not been in reverse correlation.
#HopeTheAiBubbleBurstsInsideElonHuangandAltmansColon
#ausecon
#econsky
#auspol
Prelim Domain auction clearances
Syd 51=final ~51%,Aug avg 66
Mel 52%=final ~49%,Aug avg 66
Long wkend in Mel, but rising spring listings in Syd & weak demand on the back of rate hikes, tax hikes & poor confidence is depressing clearances. Expect further weakness.
#ausecon
An excellent launch of Catie Bradbear & Melissa Bray's new book "Power in Numbers: Australian Women in Economics". #ausecon
No evidence of a 'wage-price spiral' in Australia, says RBA board member Iain Ross, a former President of the Fair Work Commission
www.abc.net.au/news/2026-09... #ausecon
The 2026 Intergenerational Report is the seventh report in the series.
It projects the outlook for the Australian economy and the Government’s budget to 2065–66.
treasury.gov.au/publication/... #auspol #ausecon
Debit and credit card surcharges in Australia will be eliminated from 1 October, as part of Reserve Bank reforms that will do away with extra checkout fees on Visa, Mastercard, and Eftpos payments.
www.theguardian.com/australia-ne... #auslaw #ausecon
Prelim Domain auction clearances
Syd 48%=final ~46%,Aug avg 66
Mel 57%=final ~54%,Aug avg 66
A rise in listings with demand hit further by talk of 2 rate hikes on investors, with ongoing impact of tax hikes & poor conf saw clearances fall. Syd back to mid yr lows. Expect further weakness.
#ausecon
Open now | We want to hear from current and former public servants on how governments are implementing the #PriorityReforms under the National Agreement on #ClosingTheGap
Take the short survey: https://bit.ly/3VeyRi3
Closes on Friday 9 October
[local man] Mr Munro said wind farms were "majestic", but that "nothing is perfect" when it comes to renewable energy production. I know a lot of people don't share that same thought, but I think it's a lot better than digging up dinosaurs and burning them."
www.abc.net.au/news/2026-09... #ausecon
Competition in the mortgage market is heating up as banks compete for fewer customers by cutting home loan rates, even as the Reserve Bank threatens to raise the cash rate.
www.abc.net.au/news/2026-09... #ausecon
Prelim Domain auction clearances
Syd 53%=final ~51%,Aug avg 66
Mel 63%=final ~60%,Aug avg 66
Clearances up from low with slump in listings. Rate hikes, investor tax hikes & poor confidence will keep mkt weak for a while yet. Rising spring listings will be big test. Mel stronger than Syd
#ausecon
For a pro-competition government like ours, ‘noncompete’ rather advertises the problem. On the ‘Follow the Money’ podcast, I chatted with Ebony Bennett about the problems with noncompetes, why they’ve proliferated, and how our government is protecting workers from them. Link in bio #ausecon