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…
Australia Revamps Pension Tax for Wealthy Savers After Blowback
(Bloomberg) — Australia’s government has rolled back some of the most contentious elements of a planned tax on…
Treasurer announces rework of stalled superannuation tax increase plan
The government has bowed to pressure on its superannuation tax policy, one of the few revenue-raising measures it…
Liberals find brief lull in internal hostilities for a passable week
Notwithstanding the low bar of recent performance, Sussan Ley’s battered and slouching Liberals managed a passably good sitting…
Major superannuation pay change to give Aussies ‘urgent’ $30,000 retirement boost
Treasurer Jim Chalmers introduced payday super legislation to parliament today, with the laws set to come into effect…
Stronger than expected GDP figures see interest rate cut bets dialed back
The Australian economy grew 0.6 per cent in the June quarter, slightly ahead of economists’ expectations. Australian Bureau…
The ‘golden era’ of reform in the 1980s and 90s wasn’t all peachy. It had a dark side
The Albanese government’s economic round table is over. If it inspires the government to pursue wholesale reforms in…
Labor’s roundtable has started a long overdue debate on prickly topics
Thumping election victories can have perverse consequences. One of them is how they create the conditions for hubris…