Working Australians are expected to see $12 billion worth of tax cuts go into their pockets in the next six months as the federal government moves on from JobKeeper to other economic support policies. Treasurer Josh Frydenberg said the data shows around 8.8 million Australians had already benefitted from $9 billion in tax cuts from…

Australia’s construction industry is growing at its strongest pace in more than three years, buoyed by home building activity against the backdrop of record house prices and mortgage lending. Low interest rates and the federal government’s HomeBuilder stimulus measures are among the factors driving the home building activity. The Australian Industry Group/Housing Industry Association performance…