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Finance & Markets

Proof Australians are drowning in taxes

If you want proof that Australia has become a taxing and spending economy, look no further than the latest taxation data from the Australian Bureau of Statistics (ABS), compiled by The Australian Newspaper. The combined tax revenue of the nation’s federal, state and local governments has risen to $893 billion a year, up 61% since The post Proof Australians are drowning in taxes appeared first on…

We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.

Read the original at macrobusiness.com.au →

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Equities plunge below 169,000 on panic-selling

KARACHI: Bearish sentiment dominated the Pakistan Stock Exchange (PSX) on Thursday, pushing the benchmark index below 169,000 amid widespread panic selling by nervous investors for the fourth session…

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