Commentary A survey by JP Morgan reveals that Australia’s business leaders are “cautiously optimistic about the economy,” while almost half expect a recession in 2023. It also points out that energy prices “continue to weigh on Australian businesses.” Similarly, the Reserve Bank of Australia indicated in November 2022, that the “prospects of a significant slowing…
A Tale of Two Countries: Lessons Australia Should Learn From Argentina
January 27, 2023
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Increased Child Tax Credit Paves Way for Universal Basic Income, Experts Say
The Biden administration is planning to drastically expand the nation’s welfare state through increased child allowance grants quietly added into the latest stimulus, which some experts say is a lead-in toward universal basic income. Under the $1.9 trillion bill, the annual child tax credit was increased to $3,000 per child aged between six to 17,…
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