It is understood that Treasury is dedicating more staff to personal tax measures, as Labor sees the May budget as the least politically sensitive time to introduce any major tax changes before 2028.
Australia has plummeted to 21st place in global investment rankings as business taxes and red tape strangle economic competitiveness.
There’s a lot of talk in politics about fairness to various kinds of voters. But what about fairness to non-voters – those too young to vote and those yet to be born?
The future of another Queensland coal miner is on the rocks amid warnings about more job losses and an investment freeze led by BHP.
The London and ASX-listed miner said it achieved a “strong operational performance” and increased its copper output 8 per cent.
Australia added 17,000 jobs in January, keeping unemployment low at 4.1% and reinforcing expectations the RBA may lift interest rates again this year, even as participation falls and wage growth softens.
As BHP earns more from South American copper than WA iron ore, its shifting profits raise hard questions about regulation, competitiveness and Australia’s resource future.
Tim Wilson has burst out of the starting blocks as Liberal shadow treasurer with a brave and accurate analysis of one major source of Australia’s economic malaise.
Voters are showing signs of fatigue on Labor’s climate change plan in a clash with affordability and Angus Taylor has returned to the energy debate as Opposition Leader at a critical moment.
One red meat leader said the government was “using industry as a piggy bank” as it reveals its export cost recovery plan.
Defence Minister Richard Marles wants to sell 68 military properties for $3bn, but it is no substitute for lifting the budget and weakens Australia’s defence capabilities.