This Month
Betting apps should let gamblers know ‘if they’re up or down’
Online gambling accounts should display the amount of money that punters have won or lost to better inform problem gamblers, a technology entrepreneur has proposed.
Aged care insurance fees jump on threat of fines and jail
Premiums have doubled for some aged care providers and directors, due to potential big fines and jail time for breaching proposed tougher laws.
Senate to vote next month on extending data right for bank switching
Treasurer Jim Chalmers is working through banks’ concerns about the consumer data right, as the Senate forced a vote on a bill to extend it by mid-August.
- Opinion
- Energy transition
Energy transition will cost much more than politicians are pretending
The brutal reality is that taxpayers and consumers will be on the hook for much higher costs under a renewable or nuclear energy system.
Labor appoints former NBN boss as nuclear head
Mike Quigley has been appointed as the head of the federal government’s peak nuclear organisation.
June
- Analysis
- Interest rates
How the RBA’s big interest rate experiment exposes Labor
The moment of truth to test Australian exceptionalism is about to arrive. Persistent local inflation suggests the strategy is coming under pressure and may be about to come unstuck.
RBA deputy talks up renewable energy potential
RBA deputy Andrew Hauser has talked up Australia’s potential to be a world leader in solar, as the nation debates the best energy mix to achieve net zero.
- Updated
Multiple interest rate rises needed to quash inflation
The hawkish warnings from economists came as the share of borrowers falling behind on repaying their home loan has risen to the highest level in five years.
- Opinion
- Gambling
How the AFL got hooked on harmful gambling
The insidious link between professional sport and betting was exposed by Gillon McLachlan’s appointment as chief executive of Tabcorp.
- Opinion
- Interest rates
RBA edges closer to interest rate rise as inflation proves sticky
Governor Michele Bullock will be troubled by the latest inflation data, and contemplating the real possibility of an interest rate rise at the August meeting.
- Updated
State spending splurge could delay interest rate cuts, warns Westpac
Governments are planning to inject more than $50 billion of stimulus into the economy in the year ahead, adding to inflation pressures, the bank has warned.
- Analysis
- Australian economy
Why our spooks and economists are teaming up to manage China
Treasury Secretary Steven Kennedy and chief spook Andrew Shearer are leading a new economic security regime that will have far-reaching consequences for business and investors.
China’s ‘predatory’ tactics justify critical mineral subsidies: Kennedy
Treasury secretary Steven Kennedy says China’s dominance of critical minerals justifies the government’s taxpayer support for rare earths the world needs.
- Opinion
- JobKeeper
Why JobKeeper may be part of our productivity problem
An anxious Reserve Bank of Australia is hoping for a pick-up in labour productivity this year to help alleviate the economy’s inflation problem.
Fights over pay rises challenge a bold prediction in NSW budget
A $10.7 billion windfall from soaring property taxes will pay for more public servants but won’t stop NSW posting deficits for nine straight years and risking its AAA credit rating.
- Updated
- Analysis
- NSW budget
NSW budget shows a $6b GST hit, but Mookhey says it’s double
NSW Treasurer Daniel Mookhey insists the state budget has been “ripped off” $12 billion in GST, even though his budget papers show a shortfall of half that amount.
- Opinion
- NSW budget
Mookhey may need a wages miracle to land this budget
NSW is sucking extra tax out of the asset-rich, property-owning class that has enjoyed a massive asset price boom, to spend more on government services, housing and public sector employees.
- Exclusive
- NSW budget
The secret reason behind NSW’s ‘nonsense’ claim on $12b GST shortfall
NSW’s AAA credit rating is on the line. The federal government, other states and rating agencies believe NSW made an error forecasting GST revenues.
- Exclusive
- NSW budget
NSW $113b fund manager faces shake-up
NSW’s TCorp is a top 10 Australian institutional investor and is the central borrowing authority of the state.
Shock property tax rise hits landlords, holiday homes
Investment properties in NSW will be hit by a $1.5 billion increase in land taxes, which the real estate industry warns could cost thousands of dollars a year and be passed on to renters.