Robodebt payout could take years to flow to victims
Robodebt victims may have to wait years to get a payout despite reaching a record-breaking class-action settlement with the federal government. Labor has agreed to pay an additional $475 million…
Hot economic growth may place further rate cuts on ice
Australian borrowers have been warned the end of interest rate cuts may be near as a surge in household spending heats up the economy. A surprise jump in economic growth,…
Roberts-Smith to fork out lump sum for legal bills
Ben Roberts-Smith has received another judicial roasting over his failed appeal against war criminal findings, as he was ordered to pay a lump sum to Nine Newspapers. The decorated soldier…
Record-breaking settlement for robodebt victims
Hundreds of thousands of robodebt victims will share in the largest class-action settlement in Australian history after appealing their case against the federal government. Labor has agreed to pay an…
‘Dictator Dan’ silent, but Labor comrades have his back
A former state premier is yet to break his silence after being criticised for appearing alongside controversial world leaders at a Chinese military parade. But his Labor comrades continue to…
India cuts consumption tax to spur domestic demand
Indian Finance Minister Nirmala Sitharaman has decided to cut taxes on hundreds of consumer items ranging from soaps to small cars to spur domestic demand in the face of economic…
Defence reform update reveals suicide inquiry progress
Only a fraction of more than 100 recommendations made by a defence and veteran suicide royal commission have been delivered. The federal government will on Thursday lay out its progress…
Putin says China to benefit from new gas pipeline
Russian President Vladimir Putin says a planned new Power of Siberia 2 gas pipeline will give a competitive advantage to China because the world’s biggest energy consumer would get gas…
Australia’s deportation deal with Nauru to cost $2.5b
Australian taxpayers will be slugged $2.5 billion over 30 years to deport hundreds of former immigration detainees to Nauru under a “secret” deal. The Albanese government signed a memorandum of…
Economic growth may spell the end for rate cuts
Australia’s stronger-than-expected economic growth could dash hopes for further interest rate cuts. Reserve Bank of Australia governor Michele Bullock insisted she does not know “at this stage” what the uplift…