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Latest news: Economic Policy

GST revolt continues with treasurer's 'privilege' claim

GST revolt continues with treasurer's 'privilege' claim

A state treasurer has appeared before the Productivity Commission, outlining his concerns about the current GST system privileging one state over others.

Emergency housing on the way as more action urged

Emergency housing on the way as more action urged

Emergency housing on the way as more action urged

Emergency housing on the way as more action urged

Women and children fleeing violence will have access to new homes, but more needs to be done for essential workers, independent MPs say.

Electric switch could save households $5000 a year

Electric switch could save households $5000 a year

Electric switch could save households $5000 a year

Electric switch could save households $5000 a year

More than 30 organisations will urge the federal government to do more in backing electric appliances, equipment and vehicles to cut costs and emissions.

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'Fundamental problem': new tax tweaks raise tech brows

'Fundamental problem': new tax tweaks raise tech brows

Adjustments to carve-outs for start-ups and innovators still can't seem to shake the bogeyman of business uncertainty.

Taxes, toddlers, tobacco and top-ups in the crosshairs

Taxes, toddlers, tobacco and top-ups in the crosshairs

Social media controls and childcare funding will be on the parliamentary agenda as several major bills come up for debate.

Iran to tackle economic issues, punish further attacks

Iran to tackle economic issues, punish further attacks

Further attacks on Iran will draw a faster, heavier and more painful response, a senior official says as Tehran vows to address war-related economic problems.

Cold start to nation's normally hot home sales season

Cold start to nation's normally hot home sales season

The property market is yet to shake off its winter chill as capital cities reported fewer auctions in the first week of the normally busy spring sales season.

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'Rush to conclusions': calls for calm on house prices

'Rush to conclusions': calls for calm on house prices

'Rush to conclusions': calls for calm on house prices

'Rush to conclusions': calls for calm on house prices

Labor is calling for calm as it shuts down suggestions Treasury modelling of house prices underestimated the impact of tax changes and misled the public.

'Bloody dangerous': world to exceed 1.5-degree warming

'Bloody dangerous': world to exceed 1.5-degree warming

'Bloody dangerous': world to exceed 1.5-degree warming

'Bloody dangerous': world to exceed 1.5-degree warming

Earth is on track to exceed 1.5 degrees of warming within years, the United Nations has warned, exposing communities to more extreme weather.

Future Fund head exits on top with 14.8 per cent return

Future Fund head exits on top with 14.8 per cent return

Future Fund head exits on top with 14.8 per cent return

Future Fund head exits on top with 14.8 per cent return

Strong global equity markets, a focus on active management and low exposure to bonds has lifted Australia's sovereign wealth fund to more than $289 billion.

Power prices fall but risks remain for life after coal

Power prices fall but risks remain for life after coal

Power prices fall but risks remain for life after coal

Power prices fall but risks remain for life after coal

Renewable energy and batteries are pushing down wholesale power prices but a report warns they could rise again when coal-fired plants power down.

'Blood on your hands': senators slam disability reform

'Blood on your hands': senators slam disability reform

'Blood on your hands': senators slam disability reform

'Blood on your hands': senators slam disability reform

Greens, coalition and independent senators have raised significant concerns in parliament over Labor's cuts to disability funding.

Scrapping WA's GST deal a 'significant unfairness'

Scrapping WA's GST deal a 'significant unfairness'

Scrapping WA's GST deal a 'significant unfairness'

Scrapping WA's GST deal a 'significant unfairness'

Former ministers who helped set up a controversial GST deal for Western Australia have defended the scheme despite calls to scrap it.

'Too far, too fast': alarm as NDIS revamp moves closer

'Too far, too fast': alarm as NDIS revamp moves closer

'Too far, too fast': alarm as NDIS revamp moves closer

'Too far, too fast': alarm as NDIS revamp moves closer

An inquiry report recommending multibillion-dollar cuts to the national disability fund go ahead is being tempered by widespread warnings over the shake-up

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WA stares down 'east coast clowns' over costly GST deal

Western Australian Premier Roger Cook has promised to fight any move to strip his state of its lucrative GST deal, saying changes could cost it billions.

Liberal senator rebuked for personal policy 'Odyssey'

The coalition's housing spokesman has come under fire for comments suggesting those on lower incomes should accept living in poorly built homes.

'Hawkish' RBA open to more hikes after holding rates

Borrowers are on notice with the Reserve Bank signalling it won't shy away from raising interest rates if inflation comes in higher than forecast.

Tax changes get tick of approval from ratings agency

Tax hikes on property investors will help keep budget pressures under control, ratings agency S&P Global says in a check-up of Australia's fiscal health.

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PM hails Labor evolution as members push for change

Taxes on gas and gambling reform will be among items up for debate on the conference floor when thousands gather for Labor's national conference.

UK's Burnham targets power bills in first move as PM

New Prime Minister Andy ‌Burnham will cut taxes on Britons' electricity bills as he attempts to deliver ‌on his promise to ease the UK's cost-of-living crisis.

'Real desire': gas tax on the cards at Labor conference

Calls for a 25 per cent tax on gas exports could come to a head on the floor of Labor's national conference, as advocates say momentum is growing for the move.

'Win-win': quick fix to stamp out AI-fuelled loan fraud

Allowing the tax office to share lenders' financial information with banks could help counter a surge in loan fraud fuelled by artificial intelligence.

'No resources': One Nation defends uncosted policies

Pauline Hanson's rising right-wing party has blamed deficient parliamentary resources for the lack of detail about how much its plans will cost.

'Column of smoke': coalition launches One Nation attack

An economic blueprint has been pitched by the coalition to win over voters as it warns One Nation won't be able to deliver on its promises to Australians.

Right-wing rivals locked in 'race to the bottom': PM

Prime Minister Anthony Albanese has taken a broad swipe at right-wing rivals, telling the Labor Party faithful they are only interested in airing grievances.

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