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Latest news: Economic Policy

Economy yet to shake malaise as growth misses forecasts

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.

Hint of consumer recovery to keep RBA focused on prices

Hint of consumer recovery to keep RBA focused on prices

Hint of consumer recovery to keep RBA focused on prices

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 notches win as time runs out on political year

Labor notches win as time runs out on political year

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.

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

'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

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

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

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.

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Right wing surges, abortion resonating as US poll heats

Right wing surges, abortion resonating as US poll heats

Right wing surges, abortion resonating as US poll heats

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.

Australian investment eyed for Peruvian mining pipeline

Australian investment eyed for Peruvian mining pipeline

Australian investment eyed for Peruvian mining pipeline

Australian investment eyed for Peruvian mining pipeline

Some 50 Peruvian mining projects with a combined potential of tens of billions of dollars are being spruiked to Australian investors amid Chinese dominance.

Tax reform may be shunned in state economic growth plan

Tax reform may be shunned in state economic growth plan

Tax reform may be shunned in state economic growth plan

Tax reform may be shunned in state economic growth plan

The Victorian government has been warned businesses will flee interstate if it turns its back on loosening tax settings in an upcoming economic growth plan.

'No doubt' inflation is moderating: finance minister

'No doubt' inflation is moderating: finance minister

'No doubt' inflation is moderating: finance minister

'No doubt' inflation is moderating: finance minister

Much is riding on quarterly inflation data out next week as Australia's slow progress by international standards has Labor defending its economic record.

Big business blueprint to nail down housing crisis fix

Big business blueprint to nail down housing crisis fix

Big business blueprint to nail down housing crisis fix

Big business blueprint to nail down housing crisis fix

Quicker approvals and slashing red tape are some of the key measures the business lobby has put forward to improve housing affordability and accessibility.

Freeze on home efficiency standard cops political heat

Freeze on home efficiency standard cops political heat

Freeze on home efficiency standard cops political heat

Freeze on home efficiency standard cops political heat

A coalition plan that would stop changes to energy efficiency standards for buildings over a decade has been criticised for stopping climate change action.

No negative gearing reform on cards for election: PM

No negative gearing reform on cards for election: PM

No negative gearing reform on cards for election: PM

No negative gearing reform on cards for election: PM

The prime minister has hosed down suggestions Labor will take changes to negative gearing to the election, amid warnings it could hike up rents.

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Labor, expert lash 'crazy' call to step in over rates

Calls for Canberra to intervene with the Reserve Bank to lower interest rates to get financial reforms over the line have been rejected by Labor.

Amazon, Bunnings to face new questions over customers

Executives from major household brands will front an inquiry into competition practices as the nation's leaders aim to make products cheaper for Australians.

'Fighting for crumbs' as Australia forgoes wealth taxes

The wealth of Australia's richest 200 people has grown to almost a quarter of national gross domestic product, new analysis shows.

Greens' essential goods cap 'may lead to shortages'

A Queensland Greens plan to cap prices for essential groceries is set to save households cash at the checkout but an expert has warned it may lead to shortages.

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Demography is destiny: Tassie plan to boost population

Tasmania has unveiled a smorgasbord of incentives to retain and entice young people to live in the island state as it grapples with an ageing population.

PM spruiks cost of living measures amid Payman row

The new financial year ushers in a range of new cost-of-living measures that the prime minister insists are responsible in light of inflation challenges.

Dutton promises back-to-basics economic election plan

Federal Opposition Leader Peter Dutton has pledged to rein in unnecessary spending and get the budget back on track if the coalition wins the next election.

Treasury boss backs the young to navigate housing mess

The ever-increasing cost of housing is one of the big challenges facing young people but their future is not bleak, the Treasury secretary says.

Consumers tipped to stash tax-cut savings for rainy day

Australians plan to stash their stage three tax cut cash, a key cost of living relief measure in the budget, in promising news for inflation

Australia's love of big vehicles comes with big costs

The popularity of large SUVs and utes is driving higher costs, a report reveals the average household's annual spending on transport has risen by 10 per cent.

Crocodile cuddles as regional leaders snap family photo

Australia will launch a $2 billion program to turbocharge trade with Southeast Asia, as regional leaders get up close and personal with crocodiles and koalas.

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