GET THE FACTS: New ASIC numbers show there are more than 26.7k new business registrations on average every month under Labor, much higher than under our predecessors, and insolvencies are almost half what they were in the Howard Government.

“Only Donald Trump could fight a costly war to get the United States to remove the sanctions put on Iran by Donald Trump” @JonStewart

Tax academic Miranda Stewart told the Senate inquiry that empirical evidence shows while some individuals relocate in response to tax changes, the vast majority do not. ebx.sh/rgAfZb

You can argue about politics. You can't argue with real building sites. 55,000 social and affordable homes being delivered by Labor. Just 373 delivered during a decade under the Coalition.

RBA seemingly not interested in a cut any time soon, and noting the challenges of trying to forecast what will happen, economically, in the meantime.

Bringing back consumer confidence will depend on two other factors. 1. Inflation easing back into the target band. 2. Real incomes having time to rebuild. Download the full research here shorturl.at/01Kor #e61 #AusEcon #AusPol #Consumer #Inflation

“Renting was frustrating because our money wasn’t going anywhere. But now it is.” Our 5% deposits helped Lachie and Brooklyn buy their first home in Clifton Springs, Victoria. And it’s helped 260,000 more Australians move into a place of their own. That's exactly what we want. And by changing property investor tax breaks and building more homes, we’re helping more young Australians just like Lachie and Brooklyn.

#ResolvePM Vic(state) not as bad for Vic Labor as others but still quite bad ALP 26 L-NP 26 ON 24 Grn 12 IND 5 others 7. My 2PP estimate 51.7 to L-NP (-1.1) This would probably be a hung parliament of some kind, not even clear Coalition would win off that.

7,000 social and affordable homes already delivered. And there's more to come. With our Housing Australia Future Fund, construction is underway here in Canberra and right across the country. Whether it's building more homes or giving first home buyers a fair go, we're doing everything we can. Because every Australian deserves a place to call home.

The advice for many has long been "get a degree to earn more" — but the labour market is also rewarding vocational skills. sbs.com.au/news/article/aust…

Tax Experts & Economists back Budget tax reforms .

Some people think a big price crash is due for Australia’s housing market, like the Ireland and US GFC period. But a slow grind for 5-7 yrs seems more likely, with small nominal price falls, but inflation, wage growth and lower interest rates doing the adjustment slowly.

Excellent article by @antonygreenelec.bsky.social dealing with the many, many problems in a recent AFR article. There are also fresh problems with the corrected version from June 12 which Antony has not seen. antonygreen.com.au/the-finan…

More than half of Americans believe AI could put them or someone in their household out of a job. But labor market data shows that the panic may be premature. What is the reality? My conversation with AI policy expert @Mollykinder:

Over the past decade, the City of Melbourne has allowed about 10,000 more dwellings than the City of Sydney (which you can see by looking at the skylines). As a result, rent in Melbourne is half that of Sydney.

The perfect start to our #FIFAWorldCup campaign 💚💛 ⚽ Irankunda 27', Metcalfe 75' #Socceroos

Jim Chalmers’ improbable ally on capital gains taxes afr.com/rear-window/jim-chal…

#BREAKING The Liberal Party has been rocked by the shock resignation of a senior frontbencher in a major setback for Opposition Leader Angus Taylor. skynews.com.au/australia-new…

So much for getting oldies to downsize. Remember folks, we allocate homes by price, not need.