How the tax offsets announced in this year's budget in Australia will be received Source: Getty Images
July started with new important economic measures in Australia. First, the Reserve bank lowered the interest rate to its historical minimum - 1 per cent, and then parliament has passed the tax cuts as a part of $158 billion government tax reform. Dr Gennadi Kazakevitch from Monash University explains what those changes mean for the general public as well as the political stands.
July started with new important economic measures in Australia. First, the Reserve bank lowered the interest rate to its historical minimum - 1 per cent, and then parliament has passed the tax cuts as a part of $158 billion government tax reform. Dr Gennadi Kazakevitch from Monash University explains what those changes mean for the general public as well as the political stands.
