Australia’s recession fears grow
A surge in mortgage repayments, a jump in the income tax take and still-high inflation dragged household spending to a halt in the September quarter.
A surge in mortgage repayments, a jump in the income tax take and still-high inflation dragged household spending to a halt in the September quarter.
Australian, UK and US defence ministers are touting a brave new world of AI-backed surveillance technology just days after the Chinese navy injured Australian military personnel in the East China Sea.
In a raucous question time session, the Opposition Leader has been cut short after he interrupted Prime Minister Anthony Albanese.
The Queensland deputy premier and a convoy of regional mayors say they can go home feeling better about recent infrastructure cuts.
THEY’VE said we must do the “heavy lifting” — to save our budget. Now Joe Hockey and Mathias Cormann have been caught sitting back smoking cigars.
OPINION: The Abbott government’s moment of budget truth has arrived and they are not after your love, so hold on to your hip pockets.
WOULD you be prepared to pay more to help finance the retirement plans of octogenarians? That’s what former PM Paul Keating is suggesting Aussies do.
TONY Abbott made plenty of promises before the election — including no new taxes and no change to pensions — but he is already breaking them.
EXPECTATIONS are growing for a post-Budget ministerial reshuffle with Tony Abbott considering a new niche for his favourite non-wimp Scott Morrison.
TREASURER Joe Hockey is preparing to target a number of departments as part of drastic budget cuts to the public service.
MOTORISTS will likely be slugged an extra $1 billion a year at the petrol pump on top of a deficit tax and a GP co-payment under the Liberal’s tough love Budget.
MILLIONS of motorists could soon be paying more for petrol if the federal government decides to increase the fuel excise in next week’s budget.
AUSTRALIANS are almost certain to pay a fee for the doctor, as the Prime Minister said “free services to patients are certainly not free to taxpayers.”
A DEBT levy in the form of tax increases is now certain in Tuesday’s Budget, and according to Tony Abbott “we are all in it together”.
Original URL: https://www.thechronicle.com.au/business/economy/federal-budget/page/97