Global agency, the Organisation for Economic Cooperation and Development has delivered a sharp warning to the Albanese Government to tackle its budget deficits, sharpen the efficiency of the tax system and lift economic competitiveness.

Emily Minson27 January 2026Lunik

TAX BREAKS IN FRAME FOR REFORM PUSH

With the Federal Budget under pressure, the focus is switching to a raft of long-standing tax concessions and exemptions.

Emily Minson15 January 2026Lunik

INFLATION’S HIT TO BUDGET; NEW TAX PUSH

Higher payments have eaten into the Federal Budget’s bottom -ine prospects, against a backdrop of rising inflation.

Emily Minson22 December 2025Lunik

BUDGET SAVINGS DRIVE; WFH RATE AT 36%

Federal Treasurer Jim Chalmers says the government’s Mid-Year Economic and Fiscal Outlook (MYEFO), due to be delivered on December 17, will identify a further $20 billion in budget savings.

Emily Minson16 December 2025Lunik

GDP GROWTH IN THE BLACK; US DEFENCE CALL

Australia’s economy grew 2.1 per cent in the 12 months to the end of September, with gross domestic product (GDP) picking up by 0.4 per cent in the latest quarterly national accounts.

Emily Minson9 December 2025Lunik

DEFENCE SPEND OVERHAUL; CPI SURGES AGAIN

Annual inflation has continued to spike in Australia, rising to 3.8 per cent in October, driven by a surge in electricity prices.

Emily Minson2 December 2025Lunik

IMF BACKS TAX REFORMS; ENERGY BOOST

Australia has been urged to consider a raft of tax reforms in a bid to lift economic productivity, lower the cost of capital, and increase incentives for investment and work.

Emily Minson25 November 2025Lunik

PM TO UPDATE INDON PACT; MINES PAYDIRT

Australia and Indonesia have agreed on a new bilateral security treaty, after talks in Sydney between leaders, Prime Minister Anthony Albanese and President Prabowo Subianto.

Emily Minson18 November 2025Lunik

PS WAGES BILL LEAPS; TAS. BUDGET HIT

Australia’s total public sector salary and wages bill rose by 7.6 per cent over the 2024-25 year, for more than 2.5 million public sector employees around the nation.

Emily Minson11 November 2025Lunik

POWER SHOCK FOR PRICES; SUPER BOOST

Annual inflation has taken a sharp turn upwards, jumping from 2.1 per cent in the June quarter to 3.2 per cent for the 12 months to the end of September.

Emily Minson4 November 2025Lunik

TRUMP AFFIRMS AUKUS LINKS; BUDGET LIFT

US President Donald Trump has affirmed his support for the AUKUS partnership, citing increased defence co-operation between the US and Australia.

Emily Minson28 October 2025Lunik

PM PLAYS THE TRUMP CARD ON MINERALS

Prime Minister Anthony Albanese has signed a bilateral agreement with US President Donald Trump to accelerate a US$8.5 billion (A$13 billion) pipeline of critical minerals and rare earths projects.

Emily Minson21 October 2025Lunik

PNG ON BOARD FOR TREATY: GOLDEN SHINE

Australia and Papua New Guinea have finally signed a Mutual Defence Treaty, almost three weeks after it was deferred during Prime Minister Anthony Albanese’s visit to Port Moresby.

Emily Minson7 October 2025Lunik

BUDGET FILLIP; POWER SHOCK FOR PRICES

The Albanese Labor Government has delivered its first budget deficit since it came to office in 2022, but the shortfall in the final budget outcome is considerably lower than predicted almost six months ago.

Emily Minson30 September 2025Lunik

PNG STALLS ON DEFENCE PACT; TARGETS LIFT

Australia and Papua New Guinea (PNG) have agreed to progress a mutual defence treaty, but its signing is contingent on Cabinet approvals in both countries.

Emily Minson23 September 2025Lunik

WA’S $12B LIFT FOR AUKUS; TAXES RECORD

Prime Minister Anthony Albanese has flagged a significant step-up in his government's AUKUS commitments, announcing a $12 billion injection for naval shipbuilding in Western Australia.

Emily Minson16 September 2025Lunik

GDP GROWTH ON THE RISE; FARMING BOOST

Increased household spending and government expenditure have helped to deliver stronger economic growth in the June quarter, according to latest official figures.

Emily Minson9 September 2025Lunik

GAS BACKED IN ENERGY SHIFT; CPI REBOUNDS

Higher gas fuel costs and relatively warmer winters were contributing to a sharp fall in gas-powered generation, according to the nation’s energy regulator.

Emily Minson2 September 2025Lunik

BUTLER’S BLITZ ON NDIS COST; EV TAX LOOMS

Health Minister Mark Butler has announced major reforms to the National Disability Insurance Scheme (NDIS), in a bid to rein in ballooning costs of the $52 billion scheme.

Emily Minson26 August 2025Lunik

DRIVE TO DUMP GOODS TARIFFS; TAX REPRIEVE

While the United States has been imposing tariffs on imported goods, Australia has been working to remove them. Treasurer Jim Chalmers said the Federal Government was making progress on removing so-called nuisance tariffs,

Emily Minson19 August 2025Lunik