Rising demand for electricity has been met by more solar and wind generation, which is keeping a lid on prices and carbon emissions, the market operator says. Renewable energy generation drove down wholesale prices in the first three months of 2024 despite higher temperatures pushing up...
Tweaking property investor taxes could save the federal budget billions and boost home ownership, even with exemptions for those operating under the old rules, analysis commissioned by two senators suggests. Independent senators David Pocock and Jacqui Lambie want changes to capital gains tax and negative gearing...
Financial help might be offered to university students completing unpaid placements as part of their degrees, as unions warn failure to provide support will result in greater workforce shortages. Treasurer Jim Chalmers said the federal government was considering relief for people with university debts and students...
The Australian Defence Force is a step closer to getting a next generation air and missile defence system capable of detecting and stopping threats. The Albanese government on Wednesday announced the next phase of the integrated air and missile defence capability which has been taken up...
Cost of living help in addition to well-signposted tax relief remains on the cards if the federal government can find room for it in the upcoming budget. Treasurer Jim Chalmers says the tax relief, due to kick in midway through this year, will be the centrepiece...
The price of electric vehicles is still proving a speed bump in Australia, a report has found, and government rebates may not be addressing the issue. But the research by Pureprofile, released on Wednesday, also found a greater number of Australians intended to buy low-emission vehicles...