Anthony Albanese will lower the cost of medicines to no more than $25 in an election-eve play for millions of votes, as the government lifts its cheaper medicines funding to almost $10bn since 2022.
The size of Australia’s federal and state government debt compared to its economy has risen 3.8 times in the last two decades, according to analysis of OECD data by The Australian.
Australia is set to fall short of the ambitious 1.2 million national Housing Accord goal by more than 400,000 homes, which risks pushing average rental prices up by nearly $100 a week.
Jim Chalmers will use new forecasts to amplify major risks to Australia’s economic recovery, with the Treasurer to take aim at Donald Trump’s tariffs as the OECD warns global inflation will stay higher for longer.
Australia’s growth forecast for next year has been downgraded as volatile international economic conditions fuelled by Donald Trump’s tariffs threaten to stoke global inflation, a new OECD report reveals.
Joyce has urged the Coalition to reject climate virtue, beware of being ‘inauthentic by trying to win every vote’ and avoid mimicking Climate 200-backed teal independents.
Peter Dutton is facing internal pressure to pivot after Anthony Albanese’s decision to hold a May election, with Coalition MPs pushing for more substantive policies they can sell to disillusioned voters.
Climate 200 founder Simon Holmes a Court will claim his independents movement does not run campaigns or target seats despite the group providing funding, polling and election support for 35 hand-picked teal MPs and candidates.
Australians are paying up to 49 per cent of the total value of home and land packages on taxes, regulatory costs and infrastructure charges, which have accelerated by as much as 106 per cent since 2019.
Jim Chalmers has declared that the energy transformation and carving out a fourth economy are his ‘obsession’ and ‘reason for being’.
Original URL: https://www.theaustralian.com.au/author/geoff-chambers/page/15