Official figures for 2020-21 have confirmed the exodus of people from Australia’s two major cities during Covid-19, with Melbourne alone losing more than 60,000 residents.
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Federal Treasurer Josh Frydenberg has moved to head off concerns over rising inflation, targeting cost-of-living relief while making inroads into the federal budget deficit.
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Next Tuesday’s Federal Budget will show a substantial improvement to the budget bottom line as a result of more Australians in work and fewer on welfare, according to Treasurer Josh Frydenberg.
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For the 2022 election, the rise of the Independents has major implications.
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Ahead of the March 29 Federal Budget, the Federal Government has announced a $250 million package to support the growth of Australia’s critical minerals sector.
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Prime Minister Scott Morrison on Thursday announced a significant increase in the size and capability of the Australian Defence Force, projected to cost at least $38 billion.
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Australia’s economy grew 3.4 per cent, seasonally-adjusted, in the December 2021 quarter, as household spending surged after the Covid-19 Delta wave abated.
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In the wake of Russian actions in Ukraine, Prime Minister Scott Morrison has urged Australian companies and organisations to step up their vigilance against potential cyber attacks.
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This year, voters in SA will be forced to execute their democratic duty twice within two months – first, the state election on March 19, and then the scheduled Federal Election in May.
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Australia has an opportunity to achieve and sustain full employment as it emerges from Covid-19 disruptions, according to the head of the Federal Treasury.
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Australia is to re-open its international borders, with fully-vaccinated visa holders – including tourists and business travellers – eligible to visit from February 21.
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Prime Minister Scott Morrison has opened the 2022 election year on an optimistic note, predicting the lowest unemployment rate for almost 50 years.
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Federal Treasurer Josh Frydenberg and Finance Minister Simon Birmingham have unveiled a marginally improved budget outlook, with the budget deficit projected to fall below $100 billion.
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Federal Labor has raised the stakes in the pre-election debate over energy policy, pledging to reduce Australian emissions by 43 per cent by 2030.
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A plunge in national household expenditure has contributed to a negative economic growth of -1.9 per cent seasonally adjusted in the September quarter, according to the Australian Bureau of Statistics.
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South Australia and Tasmania were the leading performers in the nation’s economic growth scorecard in 2020-21, according to the Australian Bureau of Statistics.
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Australia registered a record-low number of departures from the country in September, due to ongoing lockdowns in the two largest states.
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In the aftermath of the United Nations climate change conference, the Morrison Government has moved to spruik an investor-led response to emissions reduction.
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Retail sales in Australia are rising again, increasing 1.3 per cent seasonally-adjusted in the month of September, according to ABS figures.
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After more than a week of negotiations by and with the National Party, Scott Morrison has announced Australia would deliver net zero emissions by 2050.
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