The government backtracks on its CGT and discretionary trust tax changes, the plan to reserve for domestic consumption 20% of east coast gas exporters' production could bring down prices. Plus, the RBA leaves cash rate on hold at 4.35%.

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Elon Musk becomes the world's first trillionaire after Space X listing, Wesfarmer's CEO says the federal Budget's CGT changes are "anti-inspirational". Plus, productivity plunges to its lowest level in three years.

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hree KPMG executives stand down over the company's scandal of using client data for its own purposes, a unique Australian company has an ingenious way of converting diesel trucks into electric vehicles. Plus, the RBA defends rate decisions.

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Chief Executive Michael Brennan of the economic think tank E61 discusses the controversial tax reform to parliament. Plus, can Australia's corporate sector grow fast enough to overcome the negative effects?

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Jim Chalmers defends Budget tax reform as it receives backlash from small businesses, auction clearance rates are under pressure as negative gearing is limited to new builds. Plus, Arovella undergoes a company board refresh.  

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Budget debate opens a genuine policy choice in the Albanese Government, Opposition leader Angus Taylor outlines plans to index tax scales. Plus, Coles faces potential penalties after the Federal Court found it misled consumers over discounts

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Australians doubt the government's capability of reigning in its freewheeling spending, the RBA lifts the cash rate 25BP to 4.35 per cent. Plus, entrepreneurs warn against CGT changes.

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Fuel prices ease as panic buying stops, RBA forecast to hike rates in May and warns of a stagflation nightmare. Plus, economic pressures likely to rise as the Middle East war is at risk of escalation.

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Iran becomes the next threat for western economies as the Strait of Hormuz is closed again, the International Monetary Fund warns of a global recession. Plus, the fuel crisis touches many different parts of the economy including pistachio farmers.

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S&P Global Ratings claims the government's spending is at record levels, construction costs surge amid the Middle East crisis. Plus, can biofuels solve Australia's oil and gas problem?

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