Labor’s spending trajectory will reach more than $30,000 per person within the next four years, eclipse government expenditure during the Covid-19 pandemic, and reach the highest levels per capita on record.
Pledges by China to fight tariffs with the US ‘till the end’ have heightened the anxiety among investors of a prolonged trade war and recession.
One of Australia’s best-known investors says there will be no return to normality after Donald Trump upended markets with his trade war.
Local investors are suffering a wipeout as global turmoil worsens, with the ASX200 index now down 16 per cent from its high point two months ago.
The Coalition has released new details of its plan to cut gas prices on the east coast. Full modelling has yet to be released, however.
Wesfarmers chairman Michael Chaney fears the untold damage Donald Trump’s tariffs are inflicting on the global economy, describing Washington’s behaviour as ‘appalling’.
Australia’s richest person, Gina Rinehart, has cleared up differences with opposition leader Peter Dutton, with their alliance tested by the Coalition’s energy policy unveiled last week.
Business leaders have agonised over a global economic hit from US President Donald Trump’s sweeping intervention on tariffs, which will ripple through world trade and inflate costs.
Three energy executives have emerged in a short list to replace long-time Santos boss Kevin Gallagher when he exits the oil and gas major.
The Coalition’s proposal to deliver gas from Queensland into Victoria for less than $10 a gigajoule is not sustainable, says an independent energy research company.
Original URL: https://www.theaustralian.com.au/author/perry-williams/page/2