'Alarming' move by Meta raises misinformation fears Meta's decision to end its third-party fact checks could put Australian democracy at risk amid an explosion of misinformation and disinformation, leaders warn. AAP · Jan 9, 2025
Cost of living in mind as Labor clutches purse strings Voters are crying out for more measures to combat the rising cost of living with a federal election looming as Labor preaches responsible economic management. AAP · Jan 8, 2025
Early rate-cut hopes alive as core inflation eases Hopes of a February interest rate cut have been rekindled as core inflation subsides, though the strong jobs market might prove a roadblock. AAP · Jan 7, 2025
Coalition insists nuclear plan won't blow up economy The federal opposition has slammed government analysis that suggests its nuclear energy calculations are based on a shrinking economy in five states. AAP · Jan 7, 2025
PM sharpens attack on nuclear in election-style tour The prime minister is using a multi-state blitz to launch new offensives against the coalition's nuclear energy policy as the federal election looms. AAP · Jan 6, 2025
PM hits the road to an election with multi-state blitz The election year has begun with the prime minister making his first major promise as he embarks on a whirlwind cross-country crusade. AAP · Jan 5, 2025
If crypto is incorporated into Australia’s financial system, we will be lucky to avoid contagious collapse As soon as people decide that crypto is valueless, it will be – but in the next few years, exposure of traditional institutions will likely run into the hundreds of billions The Guardian - AU · Dec 31, 2024
Politics with Michelle Grattan: Chalmers says the budget’s better than it was; Taylor says it’s much worse than it should be Appropriately, we finish our podcast for 2024 talking to Treasurer Jim Chalmers and his shadow, Angus Taylor because, as the saying goes, “it’s the economy, stupid!” The Conversation · Dec 19, 2024
Productivity slump worsens Australia's deficit dilemma Australia needs to get productivity growth back on track to pay for structural spending increases and avoid endless deficits, economists warn. AAP · Dec 18, 2024
A predicted deficit will get the headlines but remember that budgets are about choices Right now the government is choosing to deliver $50bn a year to the richest 10% of Australians for no discernible benefit to the nation The Guardian - AU · Dec 18, 2024
Why Australian politicians are angry at the ‘woke brigade’ over gender neutral gingerbread The gingerbread people sold in a Parliament House cafe have some conservative politicians aghast The Guardian - AU · Dec 18, 2024
Labor’s long game: why trust and a little fear matter more than a balanced budget With voters distracted by Christmas, the government has saved major announcements for 2025, using the mini-budget to prove it can get its sums right The Guardian - AU · Dec 18, 2024
Crackdown on tobacco research, phoenixing boosts budget Policy decisions will result in a $17.5 billion deterioration of the federal books, even as tax crackdowns boost revenue, a mid-year budget update predicts. AAP · Dec 18, 2024
Federal budget $27bn in the red and won’t return to balance for a decade, Myefo forecasts Budget downgrade blamed on Australian economy being hit harder than anticipated by higher interest rates, cost of living pressures and global uncertainty The Guardian - AU · Dec 17, 2024
AAP · Dec 17, 2024 Deficits dig deeper holes as cracks appear in budget Australia is on track for a soft economic landing despite budget deficits set to widen as spending grows and tax receipts fall, Treasurer Jim Chalmers says.
AAP · Dec 17, 2024 Major damage in Vanuatu earthquake, deaths feared A response effort is underway in Port Vila after a 7.3 magnitude earthquake struck off the coast of Vanuatu.
The Guardian - AU · Dec 16, 2024 PM says Australia stands ‘ready to assist’ Vanuatu after earthquake – as it happened This blog is now closed
The Conversation · Dec 16, 2024 Chalmers unveils new look Reserve Bank, with women in the majority on both its boards A person with long experience in the financial services sector, Marnie Baker, and a distinguished academic economist, Renée Fry-McKibbin, have been appointed to serve on the Reserve Bank’s new monetary policy board:
The Guardian - AU · Dec 16, 2024 Jim Chalmers reveals two appointments to Reserve Bank’s new board tasked with setting interest rates Renée Fry-McKibbin and Marnie Baker will sit on the RBA’s new board, which follows the government’s reform of the central bank
The Guardian - AU · Dec 15, 2024 Rail unions back fresh industrial action across Sydney train network in lead-up to New Year’s Eve – as it happened This blog is now closed
AAP · Dec 15, 2024 Mining export slump puts federal budget in the doldrums Economic headwinds from China has sparked a major downgrade to Australia's budget position, limiting the government's ability to support struggling households.
The Guardian - AU · Dec 15, 2024 Australian mining exports could plunge $100bn over four years due to China slowdown, budget update suggests Company tax receipts to be revised downwards for the first time since 2020, mid-year budget update reveals
The Conversation · Dec 15, 2024 More spending and weaker revenue hits budget bottom line in some years: Chalmers Wednesday’s mid-year budget update will downgrade company tax receipts by $8.5 billion over the four years to 2027-28, and show “slippage’ in the bottom line in some years of the forward estimates, Treasurer Jim Chalmers says.
The Guardian - AU · Dec 15, 2024 Jim Chalmers says Coalition’s nuclear plan represents $4tn hit to economy by 2050 Federal treasurer also reveals mid-year budget update out this week will show bigger deficits than May papers
AAP · Dec 14, 2024 Coalition's nuclear plan would hit economy: Chalmers The coalition's nuclear energy plan will hit the Australian economy by trillions, the treasurer warns, as Labor defends the action taken to lower power bills.