Government finances are in better shape than expected despite massive spending during the pandemic to support households and businesses. Treasurer Jim Chalmers and Finance Minister Katy Gallagher handed down the final budget outcome for 20201/22 on Wednesday, posting an underlying deficit of $32 billion. This was about...
As winter draws to a close, it’s time to revitalise your garden and get ready for the forthcoming warm, sunny days. There are many things you can do right now to get your garden ready for spring and promote new growth, blooms, and a thriving...
The treasurer left the door open to structural reforms to fund critical government services as he revealed healthier-than-expected finances ahead of the budget. The budget bottom line for the last financial year was $50 billion better than predicted because of high employment, as well as surging...
Almost four million Australians tuned in to watch Queen Elizabeth’s funeral service, but fewer than half the population believe the country should become a republic. Prime Minister Anthony Albanese is on his way back to Australia, having joined more than 2000 people in Westminster Abbey for...
The head of the United Nations has called for Australia and other major economies to tax the super profits of fossil fuel companies to help people make ends meet and be protected from climate change. “I am calling on all developed economies to tax the windfall...
The local share market has suffered its third fall in four sessions off the back of the anxious US market, where concerns over interest rate rises and recession dampened investor confidence. The benchmark S&P/ASX200 index on Wednesday closed down 106.2 points, or 1.56 per cent, to...