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Stand by for a pay rise on top of a tax cut. Here’s why things will feel better from July

  • Written by: Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
Stand by for a pay rise on top of a tax cut. Here’s why things will feel better from JulyPormezz/Shutterstock

At the moment, things look awful.

The latest Bureau of Statistics count of retail spending (spending online and in shops) released Tuesday shows we spent less in April than in February.

The Westpac card tracker, which tracks spending by Westpac customers, shows spending on essentials has fallen 1.6% since April. Spending on...

Read more: Stand by for a pay rise on top of a tax cut. Here’s why things will feel better from July

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