This Month
Ellison backs legal fight linked to Bald Hill lithium mine
Mineral Resources boss Chris Ellison has put his hand up to join the board of Singapore-listed Alita Resources if a push to dump McGrathNicol as liquidators succeeds.
- Brad Thompson
- Opinion
- The AFR View
More questions, no answers, about Turkish flights take-off
It would be in the national interest for the aviation white paper to lay out a proper pro-competition, pro-passenger framework so that regulatory decisions don’t continue to invite speculation about integrity.
- The AFR View
Queensland a fight on two fronts for Labor: Chalmers
Treasurer Jim Chalmers, the most senior federal MP from Queensland, says the Albanese government will need to win over Greens voters and fight “the old enemy” at the next federal election.
- Phillip Coorey
US rate cuts could aid Labor election strategy: Chalmers
Labor’s mission between now and the next election is to seize the mantle of superior economic manager, says Jim Chalmers.
- Phillip Coorey
- Opinion
- Federal budget
The stage three tax cuts exist in a different world from 2019
As bracket creep starts to bite harder, the Albanese government might want to start rethinking where its tax cut focus should be.
- Laura Tingle
- Analysis
- Australian economy
Why interest rate cuts are in sight
History shows that central banks often begin cutting rates before annual inflation falls back to target. Markets are now pricing in two cuts before the end of 2024.
- John Kehoe
We’ll be back in election mode on the other side of Christmas
Three-year terms mean that the government, after just 20 months in power, will start pulling down the new policy shutters, with the opposition dialling everything up to 11.
- Phillip Coorey
Stage three tax cuts will help make ends meet: Chalmers
Jim Chalmers says the stage three tax cuts will help with the cost of living as well as pare back bracket creep.
- Updated
- Phillip Coorey
‘A milking cow’: states lash Commonwealth over infrastructure funding
Victoria will get just 1.6 per cent of new priority infrastructure spending over five years, and cuts are expected to cause a $1.6 billion hit to NSW’s budget.
- Gus McCubbing and Samantha Hutchinson
Ignore pandemic problems in setting competition policy, Qantas says
The carrier, in a submission to the government, says its recovery from COVID-19 is no different to any airline. It suggests more scrutiny on airports.
- Ayesha de Kretser
Australia wary of US request to protect Red Sea shipping
Sending an Australian warship to the Middle East could detract from Canberra’s focus on its Indo-Pacific backyard.
- Andrew Tillett
Feel like you’re paying more tax than ever? These four charts prove it
Australian adults forked out an extra $1900 in income tax over the past 12 months, as bracket creep fuels the fastest growth in taxes in two decades.
- Updated
- Michael Read
Chalmers backs in tax relief for bracket creep
The budget bottom line has been boosted by $39.6 billion over the four-year forward estimates since May, and is back on track for a surplus this financial year.
- Phillip Coorey and Michael Read
- Opinion
- The AFR View
MYEFO’s missing medium-term fiscal framework
Governments once were politically rewarded for keeping a tight lid on the size and cost of government.
- The AFR View
- Opinion
- Federal budget
The surplus the treasurer doesn’t want to mention – yet
Both sides have conveniently ignored external calamities in the battle for economic supremacy.
- Updated
- Phillip Coorey
Labor hits family-friendly hybrids with luxury car tax
Popular models such as Toyota Klugers will be included in a new definition of fuel efficiency and face a 33 per cent tax.
- Jacob Greber
- Opinion
- Federal budget
Chalmers’ best budget effort must be sustained
Jim Chalmers has resisted pressure to spend a $64 billion tax windfall. The tougher test will be showing sustained fiscal discipline and getting the runaway NDIS under control.
- John Kehoe
Surplus in sight; Australia votes for ceasefire; Ore luck won’t last
Read everything that’s happened in the news so far today.
$10b budget ‘savings’ mostly delayed roads and rail spending
Three-quarters of Treasurer Jim Chalmers’ $9.8 billion in budget cuts come from pushing spending on major road and rail projects beyond the four-year forecasts.
- Ronald Mizen
Second surplus in sight after revenue surge
A $64.4 billion tax revenue surge, and a $7.4 billion “delay” in infrastructure spending, has put the budget on track for a second successive surplus.
- Phillip Coorey and Michael Read
