New Zealand’s ‘growth budget’ set to cut, cut, cut
As the conservative New Zealand government hits the halfway mark, Finance Minister Nicola Willis is poised to deliver a hugely consequential budget: no BS. She will reveal her second budget…
Breakaway party airs plan to still ‘work’ with Liberals
The end of the federal coalition won’t stop the Nationals from working with their ex-political partner to target their common enemy – a rampant Labor government. Nationals leader David Littleproud…
Asia stocks edge up as US trade deals in focus
Asian equities edged higher on Wednesday, with risk appetite contained by elevated bond yields as investors remained nervous about the fiscal outlook of major developed economies and the lack of…
RBA drops interest rate with real wages due to fall again
The Reserve Bank’s numbers shout that it made a mistake not cutting interest rates in April, as well as yesterday. The forecast drop in real wages underlines the need, Michael…
Trump trade uncertainty raises hopes of more rate cuts
Mortgage holders can expect more rate cuts this year as the Reserve Bank tries to predict where Donald Trump’s tariff “rollercoaster” is headed next. There was little doubt about the…
Work in progress: bottlenecks hinder green export hub
Slow project approvals, energy storage gaps and investment uncertainty are proving hurdles to cutting greenhouse gas emissions from heavy industry. For the Hunter, a region eyeing off green industrial exports…
Architect of Labor election win to reveal victory path
The mastermind behind Labor’s decisive election victory will lay out how the party secured one of biggest wins in history. In an address to the National Press Club on Wednesday,…
Nationals take pay cuts after axing deal with Liberals
Nationals MPs have put their money where their mouth is as they abandon a coalition arrangement. Half a dozen members have taken a haircut worth tens of thousands of dollars…
Gender pay gap data puts spotlight on public sector
Gender pay gaps at Australia’s biggest public sector employers have been revealed for the first time, showing lower gaps compared to the private sector. However, men account for just 11…
US authorities to set targets to lower medicine prices
The US Department of Health and Human Services says its is setting most-favoured-nation prescription drug pricing targets following an executive order from President Donald Trump last week aimed at lowering…