Australia will pour billions of dollars into quantum technology, robotics and clean energy generation and storage in a push to boost the local manufacturing industry. Industry and Science Minister Ed Husic will introduce legislation on Wednesday to establish a $15 billion National Reconstruction Fund, which Labor...
Consumer confidence has ticked up for the third week in a row but cost of living pressures mean sentiment is still below historical averages. The 1.8 per cent uplift in overall confidence as sampled by ANZ and Roy Morgan was led by a spike in the...
The federal government is being urged to put negative gearing and capital gains tax discount reforms back on the agenda to ease Australia’s housing crisis. With his hometown of Hobart featuring the least affordable rents in the country, independent MP Andrew Wilkie said it was time...
The monthly consumer price index fell to 6.9 per cent in October after hitting 7.3 per cent the month before. Recently introduced by the Australian Bureau of Statistics to supplement the main quarterly index, the monthly measure of price pressures remains high and well above the...
Industry Minister Ed Husic remains confident state and territory leaders will agree to plans to help bring down the price of coal. Prime Minister Anthony Albanese will meet with state and territory counterparts next Wednesday, where plans to lower energy costs will be on the agenda. While...
Resources Minister Madeleine King says a cap on gas prices is an option, as the government seeks to finalise a policy to drive down energy bills. The Australian Council of Social Service says regulation of the market is needed to ease the “crushing” cost of living...