Australia’s economy grew by 0.4 per cent seasonally adjusted in the June quarter and by 2.1 per cent annually, according to the latest gross domestic product (GDP) figures.
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Trade and Tourism Minister Don Farrell has hailed the results of a trade diversification program, amid a significant increase in exports to the United Kingdom and India.
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Australian industry received a total of $16.8 billion in Federal Government budgetary assistance in 2024-25, up by 6.4 per cent on the previous year, according to the Productivity Commission (PC).
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A Federal Government agency has recommended reforms to how revenue from the goods and services tax (GST) is allocated to states and territories, with major implications for Western Australia.
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Fraudulent activity is costing the National Disability Insurance Scheme (NDIS) $4.2 billion a year, according to the scheme’s Federal Minister, Jenny McAllister.
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Victoria has a new Premier, with Education Minister Ben Carroll replacing veteran MP Jacinta Allan as Labor Leader.
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US President Donald Trump has ordered the imposition of a tariff of up to 12.5 per cent on imported goods – including from Australia – deemed to have been produced wholly or in part with forced labour.
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Prime Minister Anthony Albanese has announced sweeping reforms to regulate the establishment of data centres, with national standards on construction and operation.
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Australia has committed to the ongoing secure and reliable supply of energy to India, including coal, diesel, other liquid fuels, and natural gas.
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Australia’s resource and energy export outlook has strengthened, with earnings projected to rise from $385 billion in 2024-25 to $416 billion in 2026-27.
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New South Wales is projected to post a $2.3 billion budget deficit in 2026-27 amid subdued economic growth, according to the State Budget presented by Treasurer Daniel Mookhey.
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Prime Minister Anthony Albanese has announced major changes to the capital gains tax reforms unveiled in the May Budget, with special concessions for small businesses and innovative start-up ventures.
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The Australian Capital Territory will become the first jurisdiction in the nation to abolish stamp duty for first-home property buyers.
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Australia’s economy (GDP) grew by 0.3 per cent in the March quarter and by 2.5 per cent over 12 months, buoyed by higher household spending and a six per cent surge in private business investment.
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Deputy Prime Minister Richard Marles has confirmed that Australia will acquire three, not two, in-service Virginia-class submarines from the US, in the first instalment of the AUKUS defence partnership.
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President Donald Trump’s nominee to be the next US Ambassador to Australia says the US-Australia alliance is an essential pillar of regional stability and deterrence, amid China’s military build-up.
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The Federal Government’s Support for Seniors program, forecast to cost more than $68 billion, will be the highest single federal spending program in 2026-27, according to Budget papers.
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Treasurer Jim Chalmers has used his first Budget since the Labor Government’s 2025 re-election to make sweeping tax reforms, in the backdrop of a global oil price shock that has lifted inflation and cut expectations on economic growth.
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Annual inflation in Australia rose sharply in March, leaping from 3.7 per cent in February to 4.6 per cent as higher fuel costs took their toll on budgets.
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