Today
Why Ken Henry’s plan could finally fix our broken environmental system
The EPBC reforms provide certainty, efficiency, and an outcomes-focused regulatory settings. It’s a far cry from the current system that led to a serious decline in our environment.
No rubber stamp for tax rises, Ley tells PM
Anthony Albanese says the Coalition needs to learn from its failures and work constructively with government, but Sussan Ley warns that co-operation will have limits.
‘We’re being done over’: Alan Joyce fears repeat of Labor’s 2022 jobs summit
The former Qantas CEO suggests business seeks a guarantee that the productivity summit isn’t orchestrated.
Yesterday
Chalmers urged to overhaul CGT discount on housing
Labor for Housing says savings from reforming CGT could be used to scrap GST on goods and services used to build, maintain and manage state public housing.
Hawks ignore how Australia’s China trade pays for AUKUS
The big mistake made by critics is that they only see risks from the economic relationship with China. In fact, one of the benefits is enhanced security.
This Month
Libs must fight back on the economy at the roundtable
The party can fill the political leadership void by showing it is prepared to advocate for pro-growth, pro-aspiration and pro-productivity policies.
Has Labor accidentally made a good argument to cap compulsory super?
The government’s economics team is arguing $3 million in super is more than enough for a dignified retirement. If so, why force people to save more?
Labor flags equity, loans in strategy to save metals smelters
Industry Minister Tim Ayres said while responsibility started with the “very profitable” firms, it was likely many would not survive without taxpayer support.
Why GST on private schools shouldn’t be on Chalmers’ roundtable agenda
The notion of a GST on school fees has little, if anything, to do with productivity.
A Labor prodigy’s fast rise – but does he bleed enough for the voters?
Andrew Charlton has the economic credentials, the money, the networks and momentum. All eyes are on how far the long-term rival of Jim Chalmers can go.
Penalty rate push undermines productivity summit
A bill enshrining penalty rates in law will be among the first through parliament next week, but is at odds with the government’s productivity goals.
Chalmers vows to protect PBS subsidies from US tariffs
The Treasurer says he is evaluating the impact of US drug tariffs on the Pharmaceutical Benefits Scheme but says subsidies for certain drugs are not up for negotiation.
Big miners fear tax increase from Chalmers’ roundtable
Resources companies are nervous that next month’s meeting with business, unions and policymakers will target mining and energy to pay for cutting other taxes.
Chalmers bets on AI to revive stagnant economy
It’s imperative that informed voices in the tech industry play a role in advocating for policies that can boost investment, infrastructure and deployment.
Who’s invited to Chalmers’ economic reform roundtable
Treasurer Jim Chalmers’ economic reform roundtable next month will help set the government’s agenda. Here’s a full list of who’s known to be invited.
ASX hits 8700; BHP’s $2.6b blowout; Behind email that blew up Minters
Read everything that’s happened in the news so far today.
Roundtable screams of Chalmers’ style, but where’s the substance?
The treasurer is pushing big ideas and expectations for his economic talkfest in August. The practical results are much less certain.
Tax may test Albanese and Chalmers’ relationship at roundtable
The prime minister speaks about Labor being the party of aspiration, but the government is more of a redistributor of wealth than a creator.
The 3 intergenerational challenges Chalmers’ roundtable must fix
If the government wants true long-term productivity gains, it can look to three areas that happen to be where the intergenerational compact is most broken.
Henry’s big plan for what comes next
The former Treasury secretary failed to have a previous Labor government implement a resources super profits tax, but he has plenty of big ideas for tax reform.