Debt forecast has alarm bells ringing for Olympic hosts
Debt is set to reach record levels for a state government planning an Olympics following a milestone budget. Queensland’s Liberal National government on Tuesday handed down its first budget since…
Surplus in sight but few sweeteners in ‘careful’ budget
Employers and developers have praised pioneering housing initiatives in Australia’s largest state budget while critics rue missed opportunities and few sweeteners for struggling households. NSW Treasurer Daniel Mookhey charted a…
Who’s next? Will Albo and Wong approve China attacking Taiwan?
Time and again, abandoning principles sets the Karma bus off on its journey. Australia having to approve China attacking Taiwan is a case in point, Michael Pascoe argues. The US…
No one from Adani charged with US graft: chairman
Adani Group chairman Gautam Adani denies any wrongdoing in response to US allegations of bribery, telling shareholders that no individual from the group has been charged under foreign corruption laws.…
Virgin soars in ‘luckiest’ Aussie share debut of year
Virgin Australia has returned to the stock market with a transaction that timed its arrival perfectly. Shares in the nation’s second-biggest airline were changing hands at $3.165 on Tuesday afternoon,…
Orderly, coherent or flat-footed: PM rejects criticism
Anthony Albanese has rejected criticism he was slow to respond to US strikes on Iran, while welcoming a ceasefire deal in the Middle East. The temporary pause in hostilities between…
Servos urged not to price gouge after oil price hike
Service station owners have been put on notice not to take advantage of customers due to volatile fuel prices caused by conflict in the Middle East. Treasurer Jim Chalmers has…
Cautious path to surplus in back-to-basics budget
Charting a path back to surplus, the treasurer compiling Australia’s largest state budget has advised caution amid global uncertainty as he trumpets stability. NSW Treasurer Daniel Mookhey unveiled the $128…
Assange marks first anniversary of release from prison
WikiLeaks founder Julian Assange is marking the first anniversary of his release from prison in the UK. His wife Stella said he is working on a project to slow the…
Australia hails Trump’s Israel-Iran ceasefire claims
Anthony Albanese has welcomed Donald Trump’s announcement of a ceasefire between Israel and Iran, while remaining “deeply concerned” about the welfare of Australians in the Middle East. The prime minister…