Passing on rate cut costs banks $100m
For once, the big banks are going to cop it in the neck over a rate cut. But they’ve got a little-known plan for reducing the pain they suffer.
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Liddell coal-fired power station ‘likely to live beyond 2023’
Energy Minister Angus Taylor has given his clearest indication yet the Liddell coal-fired power station will live on beyond 2023 — the date when it is due to close.
Dutton hits out at Ardern’s deportation criticism
Peter Dutton has lashed out at New Zealand leader Jacinda Ardern after she escalated her attack on Australia’s tough rules for foreign criminals.
McDonald’s takes a knife to plastic waste
New initiatives by McDonalds and Nestle will stop thousands of tonnes of plastic going to waste, including bread bags being collected from 100,000 homes.
Tax office rejected ex-minister’s $100k+ of work expenses
Former NSW minister Katrina Hodgkinson has had more than $100,000 of work expenses rejected by the Tax Office from her time in NSW parliament.
Sunset clause on renewable subsidies
Taxpayer backing for wind and solar energy is about to end, Emissions Reduction Minister Angus Taylor says, with carbon-cutting support shifting to hydrogen and even newer technologies.
Don’t rule out a surplus this financial year
Treasurer Josh Frydenberg says there probably won’t be a surplus in 2019-20, with the coronavirus hitting economies around the world, but National Political Editor John Rolfe wouldn’t rule getting into the positive this financial year. Read why.
PM takes charge with coronavirus emergency plan
Scott Morrison has announced the first phase of Australia’s emergency response plan against the deadly coronavirus as “the risk of a global pandemic is very much upon us”.
Profiteering on late fees penalised
In an irony sure to please many energy consumers, power companies that profiteer from late payments will be hit with penalties for doing so.
Death knell for funeral rorts
Fake late fees. Lies about inclusions. Artificially inflated prices. ACCC boss Rod Sims says he intends to get to the bottom of the growing criticisms of Australia’s billion-dollar funeral industry.
Original URL: https://www.dailytelegraph.com.au/journalists/john-rolfe/page/73