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.
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Annual inflation has continued to spike in Australia, rising to 3.8 per cent in October, driven by a surge in electricity prices.
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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.
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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.
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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.
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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.
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US President Donald Trump has affirmed his support for the AUKUS partnership, citing increased defence co-operation between the US and Australia.
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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.
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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.
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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.
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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.
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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.
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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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