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Latest news: Economic Policy

Renewables, AI rules top productivity reform wishlist

Renewables, AI rules top productivity reform wishlist

Fifteen areas have been identified for reform by the Productivity Commission, including artificial intelligence, tax reform and cheaper renewable energy.

Bulk billing claims ignore consequences of COVID

Bulk billing claims ignore consequences of COVID

Bulk billing claims ignore consequences of COVID

Bulk billing claims ignore consequences of COVID

The coalition says falling bulk-billing rates show Medicare has become weaker under Labor, but that's not the full story.

Hitting the brakes: hybrid sales clouded by tax cut end

Hitting the brakes: hybrid sales clouded by tax cut end

Hitting the brakes: hybrid sales clouded by tax cut end

Hitting the brakes: hybrid sales clouded by tax cut end

A tax concession for plug-in hybrid electric vehicles has come to the end of the road and experts say it could affect future car sales and emissions.

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Cheaper power bills pledge as Dutton spurs gas supply

Cheaper power bills pledge as Dutton spurs gas supply

Opposition Leader Peter Dutton's budget reply has outlined an alternative vision to drive down energy costs and ease pressure on household budgets.

Battle lines drawn over tax cuts as election looms

Battle lines drawn over tax cuts as election looms

Universal $5 a week tax cuts are being raced through parliament as debate around cost of living intensifies ahead of the federal election.

Labor 'unashamed' in pitch for cost of living vote

Labor 'unashamed' in pitch for cost of living vote

The federal budget will deliver help for working people, Anthony Albanese declares, as Labor tries to draw the opposition into revealing its hand.

Public service jobs on line as poll battlelines form

Public service jobs on line as poll battlelines form

The coalition has doubled down on plans to axe public service jobs if elected as the prime minister goes into bat for Australians working from home.

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Australia again makes its case for US tariffs exemption

Australia again makes its case for US tariffs exemption

Australia again makes its case for US tariffs exemption

Australia again makes its case for US tariffs exemption

The government has made another pitch to US officials to gain an exemption from American tariffs on Australian steel and aluminium imports worth $1 billion.

Energy bill jolt: price rises power up living cost pain

Energy bill jolt: price rises power up living cost pain

Energy bill jolt: price rises power up living cost pain

Energy bill jolt: price rises power up living cost pain

The threat of further energy bill increases of up to $200 annually following a regulator's decision has put the spotlight back on federal energy policy.

Dutton's '$50b hospital cuts' weren't carried out

Dutton's '$50b hospital cuts' weren't carried out

Dutton's '$50b hospital cuts' weren't carried out

Dutton's '$50b hospital cuts' weren't carried out

Peter Dutton's plan as health minister in 2014 to reduce hospital funding by $50 billion over 10 years did not end up being implemented.

Indigenous-led centre launched, continuing Mabo legacy

Indigenous-led centre launched, continuing Mabo legacy

Indigenous-led centre launched, continuing Mabo legacy

Indigenous-led centre launched, continuing Mabo legacy

Helping Aboriginal and Torres Strait Islander communities leverage their native title rights for economic growth will be the focus of a new centre.

Plug-in hybrid car tax breaks about to hit the skids

Plug-in hybrid car tax breaks about to hit the skids

Plug-in hybrid car tax breaks about to hit the skids

Plug-in hybrid car tax breaks about to hit the skids

Drivers have one month left to claim a tax break on plug-in hybrid electric vehicles, amid calls for Labor to give the fuel-saving cars more support.

Aussie retirees tipped to join world's wealthiest

Aussie retirees tipped to join world's wealthiest

Aussie retirees tipped to join world's wealthiest

Aussie retirees tipped to join world's wealthiest

Australian pensioners are tipped to be among the richest in the world by 2030 as Australian superannuation funds representatives head to a US summit.

Calls for 'deeper focus' on Indigenous economic policy

Calls for 'deeper focus' on Indigenous economic policy

Calls for 'deeper focus' on Indigenous economic policy

Calls for 'deeper focus' on Indigenous economic policy

The federal government must "rebalance and re-prioritise" social and economic policy to help close the gap, a First Nations group says.

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Chalmers buoyant about 2025, ahead of inflation data

Treasurer Jim Chalmers remains confident 2025 will be better economically for Australians after struggles with the cost of living.

Coalition's nuclear plan would hit economy: Chalmers

The coalition's nuclear energy plan will hit the Australian economy by trillions, the treasurer warns, as Labor defends the action taken to lower power bills.

Red tape cut for business but taxes stuck fast

One state could become the least-regulated in Australia under a plan to slash watchdogs in half and potentially save businesses half-a-billion dollars.

Economy yet to shake malaise as growth misses forecasts

The Australian economy is growing slowly with government support, with energy rebates effectively transferring household spending to the public purse.

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Hint of consumer recovery to keep RBA focused on prices

Australia's retail sales enjoyed a boost from an early start to Black Friday discounting and recovering bank balances following tax cuts.

Labor notches win as time runs out on political year

Labor has chalked up a last-minute legislative victory, with the Greens backing its housing scheme, as several MPs bid Canberra farewell.

'Be brave': new push to save tax reform from extinction

Teal MP Allegra Spender has a bold vision to bring tax reform back on the agenda after 25 years of inaction, widening inequality and falling home ownership.

Women written into code: standards target tech workers

Australian technology firms will be urged to test their practices against 10 standards as part of a campaign to encourage more diversity in the field.

Trade, investment centred as world leaders talk in Peru

Prime Minister Anthony Albanese is preparing to travel to the APEC summit in Peru for discussions spanning free trade, renewable energy and critical minerals.

Nuclear waste could add billions to energy supply costs

The time needed to build nuclear reactors and the cost of safely storing radioactive waste remain big questions for Australia, an inquiry has been told.

Right wing surges, abortion resonating as US poll heats

Australia's political class appear stressed about US defence and trade relationships if Donald Trump scoops the presidency, which could also fire up the right.

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