June
Chalmers pushes back on states over GST reform
The treasurer wants a national view of tax reform ideas at his productivity roundtable, while the states continue to squabble over their share of GST.
S&P warns of Qld’s ‘sharp deterioration’ amid $20b debt spiral
The Liberal National government has vowed to bring down state debt, but budget papers reveal it won’t deliver a surplus before the next election.
Qld’s property tax change offers foreign investor relief
Ahead of the first LNP state budget in more than a decade, Queensland says it will make it easier for overseas investors to bypass foreign land tax surcharges.
NDIS savings in doubt as Qld doubles down on GST fight
The Queensland treasurer says he will only consider the federal government’s plan to share the NDIS load if the GST carve-up is also on the negotiating table.
‘Bailing out bad decisions’: Queensland slams Victoria over gas supply
Any hopes of pulling more gas from the north was shot down by the Liberal-National government in Brisbane, which is fed up with southern energy policies.
Clock ticking on luxury bargains left behind by time-poor travellers
Bids start from just $10 for high-end items left behind at Sydney Airport.
Qld finally reveals its position on $1b quantum deal
The Liberal-National Party was scathing of the deal when in opposition and kicked off a review into its legitimacy within days of coming into office late last year.
‘Grossly unfair’: Coalition to fight super tax but powerless to stop it
The shadow treasurer said the tax “defies everything we believe in”; Tasmania will head back to the polls if a motion passes today. How the day unfolded.
Tax hike on $3m super balances all but certain
Deal between Labor and Greens on super tax looms; Australia should be prepared for combat from home soil, according to General David Johnston. How the day unfolded.
May
Qld shoots down gas reserve idea if it means bailing out Victoria
The east coast’s major gas supplier, Queensland, pushes back against an eastern reservation and doubles down on criticism of southern state’s energy policy.
East coast gas reserve in Albanese government’s sights
Canberra is likely to consider establishing an eastern cache as part of a sweeping review of the country’s energy system.
Recount to start in election’s closest run race
Bradfield on Sydney’s North Shore goes to a recount, while independent MP Zoe Daniel has requested one in the Melbourne seat of Goldstein.
Report casts doubt on Queensland plan to shrink project costs
The state government’s promise to chip away at state debt through savings made from scrapping union-friendly entitlements has been contested by a new report.
Flooding devastates oyster harvest, dairy industry
Oyster farmers are bracing for millions of dollars in damage after this week’s flooding in northern NSW wiped out stock nearing a years-long harvest.
Building delay warning on Brisbane Games
Queensland has finally settled on its key venues for the 2032 Olympic Games but a crippled construction industry is a concern for the former Dow Chemical boss.
WA could benefit from GST reform even if floor is ditched
A dollar-in dollar-out GST system would benefit WA even more than the “forever deal”, raising the prospect of unlikely alliances in the federation.
Qld asks Chalmers to rethink GST so it doesn’t pay for Vic mistakes
State Treasurer David Janetzki says the boost to Victoria’s share due to its COVID-19 failings was unfair.
Commuter chaos in Sydney after falling power cable stops trains
Sydney commuters face big delays across the train network; Tim Wilson appears to have won in Goldstein. How the day unfolded.
Wealthy savers face double tax hit under Chalmers’ super grab
Self-managed super funds face double taxation of capital gains under Treasurer Jim Chalmers’ planned extra tax on balances above $3 million.
SMSFs ‘panic’ sell assets to avoid Labor’s $3m super tax
Wealthy retirees have begun selling assets and restructuring their investment portfolios to avoid Labor’s planned extra tax on large super balances, financial advisers say.