The assistant treasurer has flagged further stress for household budgets following a spike in US interest rates. The US Federal Reserve announced a 0.75 per cent increase in official rates to a target range of 3 to 3.25 per cent, the highest levels in almost 15...
Governor-General David Hurley says he became overwhelmed with emotion during the Queen’s funeral, realising it marked the end of a great era. Mr Hurley said while the Queen’s death was inevitable, it struck with an impact “that has exceeded any expectation”. While the monarch’s representative in Australia...
More than one million families could soon receive cheaper child care under proposed changes aimed at getting women back into the workforce. Education Minister Jason Clare outlined the discounts in legislation introduced to parliament on Tuesday. A family on a combined annual income of $120,000 with one...
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...