Labor plots budget housing boost to fend off One Nation
Changes in the federal budget will counter political discontent fuelling the rise of right-wing populism, the treasurer says, as he unveils his centrepiece productivity package aimed at lifting living standards.…
Coalition ready to take ‘medicine’ on by-election D-Day
Nationals Leader Matt Canavan says he’s happy to cop regional voters’ concerns “on the chin” as One Nation appears likely to score its first victory in a federal electorate. Voters…
Massive 11,000-carat ruby unearthed in Myanmar
Miners in Myanmar have discovered a rare ruby of enormous size, considered to be the second-largest by weight ever found in the conflict-battered Southeast Asian nation, state media reported. The…
Transparency wins as Tribunal rebukes government secrecy
The Administrative Review Tribunal has rebuked the Government over the lead lining it’s wrapping around plans for AUKUS Nuclear Waste Storage and Disposal. Transparency Warrior Rex Patrick reports. The Administrative…
‘Get back to work’: backlash over bureaucrat job freeze
An opposition’s plan to stop hiring bureaucrats for a decade has drawn battle lines ahead of a high-stakes state election. In her first substantive reply to Tuesday’s Victorian budget, Opposition…
Shares drop, oil rebounds as US and Iran exchange fire
Renewed conflict in the Persian Gulf is weighing on Australia’s share market in the final session of the week, rattling a fragile truce and hitting investor confidence. The S&P/ASX200 fell…
Data breach fears grow as suspected ransom note appears
Australian universities and schools have been placed on high alert after a software program went offline following a cybersecurity attack. The security breach of the cloud-based Canvas learning management system,…
Full steam ahead: billions more locked in for rail line
Australian taxpayers will spend billions more to help fund Victoria’s mega Suburban Rail Loop project, days after the federal government axed regional freight rail plans. Treasurer Jim Chalmers’ fifth financial…
Investment bank Macquarie posts second-highest profit
Investment giant Macquarie Group has posted its second-biggest annual profit, recording $4.8 billion, a 30 per cent jump from the prior year. Market expectations had been for a profit of…
Former foreign minister resigns as top uni chancellor
Former foreign minister Julie Bishop has resigned as chancellor of one of the nation’s most prestigious universities, effective immediately. Previously one of the Liberal government’s most senior ministers, Ms Bishop’s…