Increased household spending and government expenditure have helped to deliver stronger economic growth in the June quarter, according to latest official figures.
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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.
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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.
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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,
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More than two weeks after the state election on July 19, Liberal Premier Jeremy Rockliff has been formally commissioned to again lead the Tasmanian Government.
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Australian goods exported to the United States will face a 10 per cent tariff, under the tariff regime finalised by President Donald Trump.
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In the first week of the new parliamentary term, the returned Albanese Labor Government has introduced its signature legislation to cut student debts by 20 per cent.
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Prime Minister Anthony Albanese has formalised a review of the China-Australia Free Trade Agreement (FTA) during his meeting with Chinese leaders in Beijing.
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Federal government trade and industry budgetary assistance in Australia rose by almost four per cent to more than $16 billion in 2023-24, according to the Productivity Commission (PC).
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Members of the Quad alliance – the US, Japan, India and Australia – have stepped up their collaboration to secure and diversify supply chains of critical minerals.
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New South Wales has forecast that it will be back in the black within three years, as it targets a return to surplus for the first time since the Covid-19 pandemic.
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Treasurer Jim Chalmers is flagging that major tax reform will be a key agenda item at the upcoming national summit on productivity.
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Deputy Prime Minister Richard Marles has welcomed a review by the United States of AUKUS, quashing notions that Australia should develop a ‘Plan B’ in the event the tri-nation defence partnership were abandoned.
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South Australia is projecting four years of budget surpluses but a sharp rise in public sector debt in its 2025-26 State Budget presented on June 5.
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Deputy Prime Minister Richard Marles says Australia will “continue to have the conversation” with the United States on calls for US allies to lift defence spending.
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Victoria’s Allan Labor Government is projecting a turnaround in the state’s budget bottom line, forecasting a slim budget surplus but higher debt levels in 2025-26.
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Prime Minister Anthony Albanese has met with the head of the European Union (EU) in a bid to accelerate progress on a free trade agreement between Australia and the EU.
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Foreign investment in Australia rose by seven per cent to almost $5 billion in 2024, led again by United States investors, according to latest figures.
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Prime Minister Anthony Albanese has led Labor to a crushing victory over the Coalition, recording his party’s biggest election victory since 1943.
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Coalition Leader Peter Dutton has released his election defence policy, promising that a Liberal-National government would invest more than $21 billion to take Defence spending as a share of gross domestic product (GDP) to 2.5 per cent within five years.
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