The Treasurer has instructed financial regulators to soften home-lending rules for millions of Australians, in a pre-election move to help achieve Labor’s 1.2 million new homes target and woo younger voters.
The Morrison government’s pandemic-era policy to grant cash-strapped workers early access to their superannuation did little to improve the wellbeing or financial stress experienced by those who withdrew from their savings, new research suggests.
The Greens will use any power they have in a post-election hung parliament to axe taxpayer support for the coal and gas industry.
The US imported about $US400m worth of Australian steel and $439m of aluminium in 2024. So what effect will Donald Trump’s latest move have on business and the Albanese government?
Deputy Prime Minister Richard Marles has backed Kevin Rudd to continue as Australia’s ambassador to the US amid fresh questions about his tenure since US President Donald Trump revealed plans to impose tariffs on steel and aluminium imports.
Businesses are delaying or cancelling investment decisions due to rising uncertainty in the economy, due to an unclear policy outlook.
While the financial strain continued to ease in the December quarter, new figures reveal that workers faced the sharpest rise in their living costs of all household cohorts.
An erosion of financial discipline by big-spending state governments is hamstringing planned budget improvements and is raising the risk of credit rating downgrades.
After running the ruler over the Coalition’s tax deduction for small business lunches, Treasury secretary Steven Kennedy stands accused by the Coalition of politicising the public service.
Australia should expect to face a more divergent global economy as the International Monetary Fund warns of a sharp increase in economic uncertainty.
Original URL: https://www.theaustralian.com.au/author/jack-quail