Treasurer to bank tax windfall from Iran war in federal budget
The extra tax revenue generated by the Iran war will be saved in its entirety, as the government…
Budget is in the dark as Hormuz oil crisis upends economic outlook
It looks like the 2026 federal budget will have to be prepared over the next fortnight with the…
Jim Chalmers pushes ambitious budget as Middle East war fuels inflation
War in the Middle East is threatening to push inflation in Australia above five per cent, as Treasurer…
3 more members of Iran women soccer team leave Australia
MELBOURNE, Australia (AP) — Another three members of the Iran’s women’s soccer team who accepted refugee visas to…
MP whose electorate gets largest capital gains tax discount wants to rein it in
Residents of Allegra Spender’s seat of Wentworth saved $1.8 billion in taxes in a single year from the…
Reducing inequality means taxing capital more — including inheritances
Treasurer Jim Chalmers and the new shadow treasurer, Tim Wilson, both say they are keen to do something…
Nationals senator Matt Canavan questions if government and agencies can be trusted on hate speech laws and attacks Sussan Ley
Nationals senator Matt Canavan has delivered the message to Australians that they should not trust governments, as he…
CSIRO to receive $233 million in mid-year budget but up to 350 jobs still to be cut
The CSIRO will receive an additional $233 million in federal funding but will still proceed with up to…
Government will not extend energy bill relief
The federal government’s subsidy for electricity bills will not be extended into next year, Jim Chalmers has announced.…
Albanese’s salad days are stalked by the spectres of stagflation and soaring bills
As the prime minister saunters down the RAAF VIP airstair on Sunday after another successful overseas trip some…