Defence set for biggest overhaul in decades
Labor is poised to announce the biggest overhaul of Defence in decades in a bid to lift performance in a department plagued by cost blowouts and delays in getting new…
Homebuyers at square one as price hikes eat rate cuts
Surging home prices have wiped away the benefits of three interest rate cuts to new buyers, new data reveals. Across Australia, home values grew by one per cent in November…
Trump, Xi talk on phone about trade, Taiwan and Ukraine
US President Donald Trump and Chinese President Xi Jinping have spoken by phone to discuss trade, Taiwan and Ukraine, according to the White House and Chinese officials, nearly a month…
Dire housing affordability widening the wealth divide
Housing affordability has sunk to record lows, exacerbating the divide between Australia’s haves and have nots. Since March 2020, home values have climbed by 47.3 per cent, lifting the median…
Labor path to pass nature laws in last week narrows
Labor is facing an uphill battle as it tries to strike a deal in the Senate to pass major environmental law reforms. Resistance from the Greens and the coalition suggests…
Japan wages push bolsters case for rate hike
Early signs on Japan’s annual wage negotiations for next year point to another round of solid pay hikes despite profit pressure from US tariffs, bolstering the case for the Bank…
From ‘net zero’ to ‘net gain’. The platypus-to-possum exchange rate
Following the Libs ‘Net Zero’ battle, ‘Net Gain’ will be the focus this week as Murray Watt struggles to get changes to environmental laws passed. Rex Patrick reports. One of…
Former UK PM David Cameron’s reveals cancer diagnosis
Former British prime minister David Cameron has revealed he had prostate cancer. His diagnosis has motivated him to speak out in favour of a targeted screening program for the UK’s…
‘No illusions’ Labor’s environmental reforms will pass
Labor insists its environmental reforms, aimed at speeding up project approvals while balancing nature protections, will get over the line with the minister flagging further concessions to strike a deal.…
Financial complaints. Mulino’s compo ploy to tap the goodies, even super, to cover the baddies
There is a storm brewing to blow up the Federal Government’s Compensation Scheme of Last Resort. Michael Pascoe reports an unknown factor in forecasting the outcome is whether the responsible…