Yesterday
Tax reform needed to break Australia’s economic inertia: think tank
The Blueprint Institute says the Australian economy is in a state of inertia and needs ambitious tax reform, calling for more focus on consumption, land and resources.
Dutton’s immigration cuts would cost ‘billions’: Chalmers
Peter Dutton’s plan to slash immigration to free up housing and ease population pressures would cost billions, Treasurer Jim Chalmers has warned, accusing the opposition of plucking numbers “out of the air”.
This Month
Dutton’s housing fix ‘will worsen supply’
One of Australia’s biggest property developers says slashing permanent migration as a way to fix acute housing shortages will only exacerbate the problem.
Dutton concedes homes sales to foreigners are ‘low’
Opposition Leader Peter Dutton has conceded only a tiny fraction of property sales in Australia are made by foreign residents, hours after releasing a major new population policy.
- Exclusive
- Federal budget
Two-thirds of new road and rail money flows to Labor seats
Labor has allocated $4.1 billion for 64 new priority infrastructure projects, $2.7 billion of which has gone to Labor seats in Tuesday’s federal budget.
- Updated
- Gas
Labor slammed for offshore gas approval backdown
A deal with the Greens means Labor is close to passing Petroleum Resources Rent Tax changes and vehicle emissions standards, but it has shelved fast-tracked gas approvals.
Careful return to migration trends needed, Labor urged
Efforts to better manage immigration levels must not undercut the university sector and efforts to address skilled worker shortages across the economy, experts say.
Labor pumps $630m into green jobs
Labor will spend more than $630 million to help secure workers for its signature Made in Australia agenda.
Tax fraud, capital gains tax crackdown to raise $3.3b
The budget includes a broad crackdown on tax fraud, the shadow economy and the avoidance of capital gains tax by foreign residents, which Labor hopes will raise $3.3 billion.
Prescription drug price freeze until 2026
Moves to limit price increases for prescription holders will come into force from January 1 next year.
Backpackers from China, India, Vietnam caught in migration crackdown
The government expects to halve migration levels by next year, with international students bearing the brunt of measures.
Here’s what we know is in Tuesday’s federal budget
Treasurer Jim Chalmers will hand down the Labor government’s third federal budget this week. Here’s everything we know ahead of the announcement.
- Updated
Turbocharge business investment tax break, Labor urged
Small business says Labor’s investment tax break is not ambitious enough to boost growth in the economy.
Palestinians’ aggressive lobbying upset Labor but it worked
Australia’s decision to support Palestinian UN membership follows seven months of intense, and aggressive, lobbying by a network of activists.
How Harvard’s leadership rules are helping train Australia’s MPs
Since 2019, groups of aspiring government ministers at the state and federal level have been undertaking specialist training programs, designed to improve standards.
High Court hands Labor rare win on immigration detention
Immigration Minister Andrew Giles welcomed the ruling in the case of the man known as ASF17, who says he would face persecution if he was sent back to Iran.
- Updated
Labor goes to war with Meta in far-reaching inquiry
Facebook boss Mark Zuckerberg and X owner Elon Musk could be called on to face federal parliament, as part of a new inquiry into social media algorithms.
Stokes’ anti-AFR price rise could breach competition law: Samuel
Billionaire Kerry Stokes has faced political criticism – and calls for an ACCC investigation – for forcing The Australian Financial Review print edition out of his home state of WA.
Critical minerals boost from $566m plan to fully map Australia
Deposits of critical minerals and rare earths badly needed for the development of renewable energy technologies will be mapped, Anthony Albanese says.
Calls for power to break up Coles and Woolies split inquiry
The ACCC should get new legal powers to prosecute supermarkets found to be engaging in price gouging, a parliamentary inquiry has recommended.