Higher Defence spending helped Australia’s economy grow by 2.6 per cent over 2025 and by 0.8 per cent in the December quarter, according to the latest official statistics.
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A national stocktake of domestic mineral resources by Geoscience Australia has reaffirmed the nation’s global leadership in the production of key resource commodities.
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Prime Minister Anthony Albanese said his government would make “appropriate representations” after US President Donald Trump slapped a 15 per cent baseline tariff on all imports into the United States.
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Australia’s corporate regulator has delivered a damning report on the level of exploitation and breach of consumer law under the National Disability Insurance Scheme.
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Deputy Prime Minister Richard Marles has announced that the Federal Government will divest more than 60 Defence sites across metropolitan and regional Australia, following a major audit of the Defence Estate.
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Iron ore, coal, and natural gas continued to dominate Australia’s exports in 2024-25, contributing almost 40 per cent in the value of goods and services exports.
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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.
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With the Federal Budget under pressure, the focus is switching to a raft of long-standing tax concessions and exemptions.
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Higher payments have eaten into the Federal Budget’s bottom -ine prospects, against a backdrop of rising inflation.
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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.
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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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