Budget blowout ‘modest’ for Australia’s Olympic hosts
Public servant costs and lagging coal royalties have been blamed for a budget blowout in Australia’s Olympic host state. As the Sunshine State inches closer to hosting the games in…
Australia’s big bourse agrees to regulator’s medicine
Australia’s stock exchange operator will have to hold an additional $150 million in capital after an expert panel found failings in its governance, risk management and culture. The local securities…
Butt out Netanyahu. Ugly political point-scoring follows Bondi Beach tragedy
Violence begets violence. Israel’s Prime Minister should butt out of Australian politics. The tragedy at Bondi Beach, writes Michael West, must not be exploited for political points. While the victims…
Grief, loss as Australia mourns Bondi shooting victims
Australians are anxiously waiting on the names of 11 victims after a shocking mass shooting at the nation’s most famous beach. Hundreds of people had gathered at Bondi Beach in…
Savings found in budget update as blowouts add up
Labor has found savings to the tune of tens of billions of dollars in the budget update to cover other areas, as the subsidised home battery scheme blows out by…
Multiple people shot as gunmen open fire at Bondi Beach
Authorities are responding to reports of active shooters at Bondi Beach in Sydney’s east. Officers arrived on the scene just before 7pm on Sunday. “Police are responding to a developing…
Problem-plagued toll road opens after decade of delays
A major new toll road intended to ease traffic in Australia’s second-largest city has finally opened, a decade after the project was first announced. Victoria’s West Gate Tunnel, an alternative…
High-end car sales sink in China as its economy slows
Chinese demand for foreign luxury cars is waning as customers opt for more affordable Chinese brand models, often sold at big discounts, catering to their taste for fancy electronics and…
Budget update to reveal Australia’s fiscal fortunes
Extra spending is taking its toll on the federal budget’s bottom line but a stronger-than-expected tax take should soften the blow when the treasurer releases his mid-year budget update. Jim…
Australia’s security abandoned to the folly of declining US empire
The earth has moved under our feet, and our massive security gamble is crumbling, but the government pretends nothing has happened, writes Michael Pascoe. Tits on a bull, the Joint…