Climate, housing programs would be axed under Coalition’s plan to save $31b
The Coalition has announced ambitious plans to create $31 billion in budget savings following months of criticism over the federal government’s spending habits.
Federal budget
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- Money
‘We’ve got a little bit longer to go’: RBA’s chief economist says one thing is needed to end rate rises
In a rare interview, the Reserve Bank’s assistant governor defends the rate rises punishing mortgage holders.
Millions dodge fresh cost of living pain as cut to older Australians’ private health rebate scrapped
The government is furious about the unpopular policy being waylaid by what it has labelled a “political stunt”.
Nearly $5 million cash boost for Aussies in need amid cost of living crisis
Aimed at supporting those living through the “toughest times of their lives”.
Popularity of Anthony Albanese hits new low in poll jolt for Labor
The popularity of the prime minister and treasurer has plunged to a record low in the latest Redbridge poll.
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- Finance
‘Moving their entire families’: Tech founders say mass exodus from Australia to the US is brewing
“It is the straw that broke the camel’s back for many.”
New laws could give every Aussie an extra $2500 every year
But business groups warn the move could leave employers in the lurch.
Housing crisis will take a generation to fix, says NAB chief economist
Slumping prices are no silver bullet for correcting Australia’s housing affordability deadlock, a top economist warns.
- Analysis
- Property market
Who are the winners of Australia’s house price slump? According to experts, almost everyone’s a loser
The unexpected consequences of the property downturn is hitting hard.
Clive Palmer seeks United Australia Party name change after 2025 election wipeout
The billionaire mining magnate has applied to officially return his name to the ballot through a party refresh.