Economy
U.S. Budget Deficits Surge in July as New Tax Cuts Are Weighed
US Wholesale Prices Flat in July, Falling Short of Expectations
Productivity Commission calls Morrison-era Western Australia GST deal a costly mistake
An interim report from the Productivity Commission heavily criticizes the controversial GST carve-up deal with Western Australia, recommending it be reshaped.
- Productivity Commission interim report labels the WA GST deal a multi-billion dollar mistake.
- Report states the deal achieved almost none of its objectives and made the tax system less equitable.
Trump administration pivots to renewed economic sanctions and naval blockade on Iran
Stocks Rise as Traders Reduce Rate Hike Bets and Oil Prices Drop
New lending to property investors in Australia falls sharply by nearly nine percent
U.S. household debt falls for the first time in six years
Oil prices decline amid weakening demand outlook and US inventory builds
US clean energy investment surges 22% in second quarter
That's all the important news for now
Everything above cleared the significance threshold. You're free.