The business community remains dead against a bold Productivity Commission bid to transform the corporate tax regime, even after it reduced the proposed rate for big firms. The government’s economic think tank on Friday released the five final reports from its inquiry into Australia’s stalled productivity...
Australia’s net migrant intake has continued to fall from its post-COVID record as the migration debate turns from numbers to values. Net overseas migration (NOM), which measures the amount of people that move to Australia minus those that move away, dropped to a little over 305,000...
A state pummelled by natural disasters and business challenges has unveiled “a healthy set of numbers” that predict four years of budget surpluses. Treasurer Tom Koutsantonis delivered a glowing assessment of the state’s finances in the government’s mid-year budget review on Friday, but the opposition accused...
Owners of modified or illegal e-bikes could be putting their insurance coverage at risk, leaving them exposed in the event of a house fire or accident. The warning comes ahead of Christmas as insurers urge prospective e-bike and e-scooter buyers to source the battery-powered mobility devices...
Following pressure from regulators, Australia’s largest bank says it will repay $68 million to low-income customers who incurred unusually high bank fees for services such as dishonoured payments and overdraws. Commonwealth Bank said on Tuesday it would make the “goodwill adjustments” in early February and customers...
When wildlife rescuer Ina Egermann finds a koala hit by a car, the first thing she does is apologise. “I say, ‘I’m so sorry that we humans have done this to you’,” the Friends of the Koala charity volunteer told AAP. Then she gently holds the stricken...