Tax relief for workers and pain for investors in budget
All workers will get a $250 tax cut from as part of the federal budget, funded by a raid on investment properties, trusts and other investments. In a budget framed…
Sharp slowdown looms if war lingers, budget papers warn
Lingering conflict in the Middle East could cause Australia’s economy to briefly contract and unemployment to spike to pre-pandemic levels, Treasury warns in the nation’s fiscal blueprint. While Treasurer Jim…
Pacific nations secure more funding for climate and aid
Australia will provide more support to Pacific nations including funding for upcoming climate change summits and tax exemptions for some rugby league players. Tuesday’s federal budget contained more than $335…
The Bondi Royal Commission. Truth telling and uncontested falsehoods
The focus of the Bondi Royal Commission hearings has been witnesses recounting their experience of antisemitism, mostly unchallenged. But facts matter, former magistrate David Heilpern reports. I have been listening…
Critics pay out on PM for ‘cowardly’ gambling reforms
Anthony Albanese insists his government’s anti-gambling reforms will make a “meaningful difference” to stop Australians being the world’s biggest losers on punting. But independent MPs and harm reduction advocates have…
Michelin Guide arrival may boost Australian hospitality
The Australian arrival of the world’s most famous food guide will provide an opportunity for the nation to prove its culinary chops. Anonymous Michelin Guide inspectors have arrived Down Under…
‘We need courage’: senator’s plea after girl’s death
Indigenous senator Jacinta Nampijinpa Price has issued an emotional plea for change after the death of Kumanjayi Little Baby, declaring Australia can no longer “hide behind race”. With tears welling…
AI rally pauses as Mideast ceasefire on ‘life support’
Oil crept higher and the dollar rose on Tuesday as hopes faded for a deal to get ships moving through the Strait of Hormuz, while a red-hot chip rally in…
Shares slip, banks under pressure ahead of budget
Australia’s share market is tracking a third straight session of losses, with oil on the rise after US-Iran peace deal hopes fade and local banks drop ahead of the federal…