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Latest news: Economic Policy

Fiscal restraint to define federal budget as costs rise

Fiscal restraint to define federal budget as costs rise

Health, defence and welfare commitments are among fiscal pressures weighing on the federal budget as Treasurer Jim Chalmers vows to put a lid on spending.

'Gold-plated' building code worsening housing crisis

'Gold-plated' building code worsening housing crisis

'Gold-plated' building code worsening housing crisis

'Gold-plated' building code worsening housing crisis

It takes a year longer to build an apartment compared to a decade ago as a result of onerous red tape, the housing industry says.

NDIS in treasurer's sights as budget outlook darkens

NDIS in treasurer's sights as budget outlook darkens

NDIS in treasurer's sights as budget outlook darkens

NDIS in treasurer's sights as budget outlook darkens

The treasurer is playing down talk of an improvement to the federal budget bottom line after economists tipped an Iran war-driven revenue boon.

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Australians love their cash and will carry or hoard it

Australians love their cash and will carry or hoard it

The central bank has released its latest report on the use of cash in Australia, which shows it's still popular across all demographic groups.

War on illegal tobacco needs more 'boots on the ground'

War on illegal tobacco needs more 'boots on the ground'

Huge enforcement gaps between jurisdictions mean illicit cigarettes and tobacco products are still too easy to access, experts warn.

Electric vehicle fee could throttle record adoption

Electric vehicle fee could throttle record adoption

A road user charge for electric vehicle drivers could stall record-breaking sales, a study has found, with households in outer suburbs the hardest hit.

Leaders urged to stomach junk food tax to save lives

Leaders urged to stomach junk food tax to save lives

A 20 per cent tax on unhealthy foods could lead to hundreds of thousands of lives being saved and billions in health costs recouped, research reveals.

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Treasurer softens up voters for 'hard decisions' on tax

Treasurer softens up voters for 'hard decisions' on tax

Treasurer softens up voters for 'hard decisions' on tax

Treasurer softens up voters for 'hard decisions' on tax

The government will warn of a hit to economic growth and Australia's productivity performance in the upcoming budget, raising the stakes for ambitious reform.

Economic chiefs meet to clear path to Trump-Xi summit

Economic chiefs meet to clear path to Trump-Xi summit

Economic chiefs meet to clear path to Trump-Xi summit

Economic chiefs meet to clear path to Trump-Xi summit

Economic chiefs from China and the US are set to meet in Paris to clear a path to an anticipated summit between presidents Donald Trump and Xi Jinping.

No to the pushback: global spotlight on gender equality

No to the pushback: global spotlight on gender equality

No to the pushback: global spotlight on gender equality

No to the pushback: global spotlight on gender equality

The United Nations is hosting its largest annual gathering on gender equality against a backdrop of pushback to hard won rights being felt around the world.

Women judges hold the line against gender justice gap

Women judges hold the line against gender justice gap

Women judges hold the line against gender justice gap

Women judges hold the line against gender justice gap

A small Pacific nation is leading others when it comes to female judiciary representation but disparities around the world affect how justice is delivered.

'Truth, not noise': ambassador backs gender data

'Truth, not noise': ambassador backs gender data

'Truth, not noise': ambassador backs gender data

'Truth, not noise': ambassador backs gender data

Australia will continue to invest in gender data collection to monitor progress on efforts to advance gender equality and address disparities.

Gender equality efforts 'eroded' by tech-based abuse

Gender equality efforts 'eroded' by tech-based abuse

Gender equality efforts 'eroded' by tech-based abuse

Gender equality efforts 'eroded' by tech-based abuse

Advocates are calling on governments around the world to crack down on gender-based violence facilitated through tech, as well as education for young people.

'Right the ship': polluters tax could be vote spinner

'Right the ship': polluters tax could be vote spinner

'Right the ship': polluters tax could be vote spinner

'Right the ship': polluters tax could be vote spinner

An ex-Labor strategist turned pollster says there are votes in taxing Australia's biggest polluters through reframing the debate and evolving demographics.

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Households could get paid under plan to price pollution

Australia could raise $35 billion a year by putting a price on pollution and help households and businesses by sharing the revenue, a report has found.

Rate rise pain all but certain after inflation shock

Hotter-than-expected inflation figures have convinced analysts the Reserve Bank will lift rates as soon as next week, heaping pressure on mortgage holders.

Magic number that could decide an interest rate hike

Traders now tip a greater-than-50 per cent chance of an interest rate hike in February, but some pundits are holding out hope for a Reserve Bank reprieve.

IMF warns of AI bubble risk to global growth outlook

Australia is projected to endure drawn-out, above-target inflation, global economic body the International Monetary Fund says.

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Price gouging ban will drive up costs: supermarkets

Lower grocery bills are being promised with a price gouging ban but supermarket giants and retailers say shoppers will be the ones to bear the brunt of costs.

Wages data could force RBA to turn page on rates cut

Unlikely to receive another rate cut in the next six months, borrowers will at least see the big four banks face parliamentary scrutiny in Canberra this week.

Ley downplays leadership talk, insists party 'united'

Sussan Ley has sought to brush aside commentary from Liberal colleagues suggesting her days as opposition leader are numbered ahead of crucial partyroom talks.

Push for standard zoning as housing crisis stacks high

More people might be buying their first home, but a report into the country's housing crisis says without radical planning reform the stock will dry up fast.

'Bang for our buck': Aussie firms get tender headstarts

Australian businesses will have their first opportunity in more than 20 years to get first dibs on more lucrative government contracts before overseas rivals.

Ley reveals tax cuts, backflips on unpopular policies

The coalition has outlined priorities it will take to the next election, with leader Sussan Ley attempting to win back voters after a stinging defeat.

Hastie left with a Scarr in Liberals immigration spat

The coalition's immigration lead wants cooler heads to prevail in the migration intake debate after weeks of inflammatory comments from Liberal colleagues.

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