Six months after it was commissioned, the report of the Defence Strategic Review has been handed to the Albanese Government.

Emily Minson21 February 2023Lunik

MARLES FLAGS SPEND LIFT; NZ AUKUS ‘NO’

Deputy Prime Minister Richard Marles has flagged that the current Defence Strategic Review would address the ability of Australia to project its power against increased threats.

Emily Minson14 February 2023Lunik

IMF WARNS ON NDIS COSTS; EXPORT STARS

Prime Minister Anthony Albanese has veered around suggestions that a means test or co-payment should be introduced to help rein in the costs of the National Disability Insurance Scheme (NDIS).

Emily Minson7 February 2023Lunik

RISING REVENUE CUTS DEFICIT, AS CPI LEAPS

Australia’s federal budget position for 2022-23 is on course to deliver a sharp reduction on the $37 billion deficit originally forecast in the October budget, according to latest figures from the Department of Finance.

Emily Minson31 January 2023Lunik

FARM OUTPUT A VALUABLE COMMODITY

If you’re looking for reasons why Australia’s economy has remained resilient over the past three years, one place to start is the relative strength of the agricultural sector.

Emily Minson30 January 2023Lunik

NORTH AMERICA TOPS LIST ON INVESTMENT

China may be Australia’s largest trading partner by some margin, but the level of new inbound commercial investment is dominated by one continent: North America.

Emily Minson12 January 2023Lunik

CHINA LEADS IN TRADE RANK; RUDD US ENVOY

Despite ongoing trade bans, China remained Australia’s largest trading partner in 2021-22, according to official data.

Emily Minson21 December 2022Lunik

ECONOMY ON A ROLL; CAPS ON ENERGY PRICES

Australia’s economy has continued its growth path, with gross domestic product (GDP) rising 0.6 per cent in the September quarter, or 5.9 per cent over 12 months.

Emily Minson13 December 2022Lunik

DEFENCE TALKS IN US, JAPAN; INDUSTRY FUND

Defence Minister Richard Marles and Foreign Affairs Minister Penny Wong are due to hold major talks this week with their United States and Japanese counterparts on defence and security co-operation.

Emily Minson6 December 2022Lunik

LABOR TRIUMPH IN VICTORIA; RBA PRICE TIP

Daniel Andrews’ Labor Government has been easily re-elected in Victoria, securing a third term with a likely majority of up to 12 seats.

Emily Minson29 November 2022Lunik

HIGHER ED. UP FOR REVIEW; TRADE COUP

Federal Education Minister Jason Clare has announced a comprehensive review of Australia’s higher education system.

Emily Minson22 November 2022Lunik

DEFENCE GOAL: QUALITY SPEND; TAX WARNING

Deputy Prime Minister Richard Marles says Australia’s Defence force must be able to demonstrate to the public the quality of its expenditure and cannot be exempt from normal budgetary processes.

Emily Minson15 November 2022Lunik

CYBER ATTACKS COST $98M; GAS BACKED

The Australian Cyber Security Centre (ACSC) has reported receiving more than 76,000 cybercrime reports in 2020-21, up almost 13 per cent, or one report every seven minutes.

Emily Minson8 November 2022Lunik

POST-BUDGET PRICE PAIN; NO GST RISE

Less than 24 hours after the Federal Budget warned on rising price pressures, official figures showed that in the September quarter Australia recorded its highest annual inflation rate for more than 30 years.

Emily Minson1 November 2022Lunik

BUDGET FLAGS TAX DEBATE; DEBT ON RISE

Federal Treasurer Jim Chalmers has used his first Budget speech to flag major reforms to restore the nation’s fiscal buffers amid the challenges of soaring energy prices and rising inflation.

Emily Minson25 October 2022Lunik

CYBER WARNING FOR DEFENCE; MISSILE GOALS

Assistant Defence Minister Matt Thistlethwaite has used a cyber industry conference to remind the defence sector of the growing threat of cyber attacks.

Emily Minson18 October 2022Lunik

US DEMOCRATS’ MID-TERM ELECTION TEST

On November 8, US voters head to the ballot box for the mid-term elections for the House of Representatives and the Senate.

Emily Minson12 October 2022Lunik

DEFENCE SPEND SHAKE-UP; COSTS SURGING

Defence Minister Richard Marles has flagged a major overhaul of spending controls in Defence projects, citing significant schedule delays and budget variations.

Emily Minson11 October 2022Lunik

PRICES LEAP, AS BUDGET DEFICIT FALLS

Australia’s inflation rate remains persistently above the six per cent mark, according to latest data from the Australian Bureau of Statistics (ABS).

Emily Minson4 October 2022Lunik

BUDGET DEFICIT SLASHED; NO-NUKES VOW

Treasurer Jim Chalmers has confirmed that the Federal Budget deficit for 2021-22 will be slashed by almost $50 billion on the pre-election estimate of $79.8 billion, thanks to ongoing strong export commodity prices and low unemployment.

Emily Minson27 September 2022Lunik