The stage three income tax cuts will cost the budget $313 billion over the next decade, according to new costings commissioned by the Greens. That is 23 per cent higher than the previous estimate of $243b, which was not included in the federal budget handed down...
The defence minister says Australia, the United States and Britain must work together seamlessly on new technology and weapons to protect against aggression in the Pacific. Richard Marles will talk about cutting red tape to efficiently share technology and information through the AUKUS pact between the...
A proposal to lift the working hours threshold for those on JobSeeker would allow them to earn more while putting less strain on the budget, Opposition Leader Peter Dutton says. The coalition has called for an increase of five to 10 hours in the time people...
One of Australia’s leading banks is about to make a sizeable investment in the future of electric transport. One year after banning the purchase of new petrol vehicles, Teachers Mutual Bank has revealed plans to replace its entire fleet with electric cars and utes as part...
The Federal Budget at a glance Budget deficit of $13.9 billion in 2023/24 Commonwealth net debt to rise to $574.9 billion (22.3 per cent of GDP) in 2023/24 Economic growth to fall to 1.5 per cent in 2023/24 Unemployment rate to rise to 4.25 per cent in 2023/24 Inflation as...
When people come across the term wellbeing, they usually associate it with physical health. However, wellbeing also encompasses other aspects of a person, namely their mental, social and spiritual health. The reason wellbeing is so important is that it influences one’s outlook on life and a...