New South Wales and Queensland are the major losers and Victoria and Western Australia the winners in the distribution of revenue from the Goods and Services Tax pool of an estimated $89.4 billion in 2024-25.
Read More
Australia’s economy has just kept its head above water, with official figures showing a flat 0.2 per cent growth, seasonally adjusted, in gross domestic product during the December 2023 quarter.
Read More
Australia’s head of security and intelligence has warned that the nation is the priority target of a particular team – the so-called ‘A-team’ - in a particular foreign intelligence service.
Read More
A high-level review of Australia’s university sector has recommended a sharp lift in the number of graduates to meet the future demands of the national economy.
Read More
Australia’s jobless rate has passed the four per cent mark for the first time in two years, according to official figures.
Read More
Foreign investment into Australia remains dominated by the US, with the mining sector attracting the bulk of foreign funds, according to latest official figures.
Read More
New Zealand is sizing up opportunities to contribute to the three-nation AUKUS defence partnership, through its space and technology sectors.
Read More
Labor has opened a major assault on cost-of-living pressures, proposing to provide greater relief for low-income earners through legislated tax changes.
Read More
Anthony Albanese’s Labor Government faces re-election in the next 16 months. Exactly when that election occurs will be determined by the state and territory electoral calendar
Read More
Australia is poised to record its second successive Budget surplus in 2023-24, with continued low unemployment and higher taxation revenue contributing to an improved fiscal position.
Read More
Queensland Labor Premier Annastacia Palaszczuk has announced her resignation, after serving as the state’s leader for almost nine years.
Read More
Future distributions of revenue sourced from the Goods and Services Tax will be an issue of contention when National Cabinet meets this week.
Read More
Home Affairs Minister Clare O’Neil has released the Federal Government’s Cyber Security Strategy, committing almost $587 million until 2030 to build the nation’s cyber defences.
Read More
Infrastructure Minister Catherine King has released an Infrastructure Policy Statement that sets tougher criteria for Federal funding of transport projects.
Read More
Public servant numbers across Australia’s three levels of government rose by 3.5 per cent over the year to June 2023, with the total wages bill up by almost seven per cent.
Read More
Prime Minister Anthony Albanese has opened his trip to China by promoting the potential for increased Sino-Australian trade, with lower import barriers.
Read More
President Joe Biden is confident that US Congress will approve the AUKUS defence partnership, declaring the deal was overwhelmingly in the interest of the US.
Read More
Prime Minister Anthony Albanese will meet with US President Joe Biden this week as Australia seeks to advance legislation enabling the AUKUS defence partnership through the US Congress and Senate.
Read More
A Federal Government proposal to formally insert an indigenous advocacy body within the Australian Constitution has been comprehensively rejected at a national referendum.
Read More
Annual electricity bills rose between nine and 20 per cent across the national electricity market in 2022, according to estimates by the Australian Energy Regulator (AER).
Read More