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Latest news: Public Finance

Not too big, not too small: $100m to plug renewable gap

Not too big, not too small: $100m to plug renewable gap

More small or medium-sized renewable energy projects could win loans as part of a multimillion-dollar scheme to address a gap in Australia's energy plans.

One Nation set to pocket over $200m in taxpayer funds

One Nation set to pocket over $200m in taxpayer funds

One Nation set to pocket over $200m in taxpayer funds

One Nation set to pocket over $200m in taxpayer funds

The rise and rise of Pauline Hanson's party in the polls means it stands to benefit richly from Australia's public financing laws.

Budget builds up to shift for 'broken' housing market

Budget builds up to shift for 'broken' housing market

Budget builds up to shift for 'broken' housing market

Budget builds up to shift for 'broken' housing market

An extra $2 billion will be pledged in the budget to build sewerage and roads for new homes as the treasurer frames housing policy as a remedy to populism.

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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.

'Be bold': Spender urges income tax shake-up in budget

'Be bold': Spender urges income tax shake-up in budget

Australia's tax system needs to be rebalanced towards effort and ingenuity, independent MP Allegra Spender said as she launched her tax reform blueprint.

EU leaders agree to joint borrowing to fund Ukraine

EU leaders agree to joint borrowing to fund Ukraine

European Union leaders have agreed to provide a massive interest-free loan to Ukraine to meet its military and economic needs for the next two years.

AI deployed to flush out business conspiracies

AI deployed to flush out business conspiracies

Companies teaming up when bidding for more than $42 billion worth of public work have been warned as the consumer watchdog sets AI on collusive behaviour.

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Minister 'not thinking' about free car at birthday bash

Minister 'not thinking' about free car at birthday bash

Minister 'not thinking' about free car at birthday bash

Minister 'not thinking' about free car at birthday bash

The last minister standing after a taxpayer-funded ride to her boozy 40th birthday lunch acknowledges she "probably should have said something" at the time.

Productivity slump worsens Australia's deficit dilemma

Productivity slump worsens Australia's deficit dilemma

Productivity slump worsens Australia's deficit dilemma

Productivity slump worsens Australia's deficit dilemma

Australia needs to get productivity growth back on track to pay for structural spending increases and avoid endless deficits, economists warn.

Budget blues in the most populous state as rates weigh

Budget blues in the most populous state as rates weigh

Budget blues in the most populous state as rates weigh

Budget blues in the most populous state as rates weigh

Government finances are wobbling in Australia's most populous state as stubbornly high interest rates weigh on home building and consumer spending.

Teachers seal three-year pay and conditions deal

Teachers seal three-year pay and conditions deal

Teachers seal three-year pay and conditions deal

Teachers seal three-year pay and conditions deal

NSW teachers have agreed to a three-year wage deal after months of talks with government officials, building on a previous one-off pay hike.

Govt vows to rein in NT debt as it soars above $11b

Govt vows to rein in NT debt as it soars above $11b

Govt vows to rein in NT debt as it soars above $11b

Govt vows to rein in NT debt as it soars above $11b

The Northern Territory government has inherited a strengthening economy but "pet projects" and department overspends could cause debt to blow out.

DV funding boost a surprise ... and right before a poll

DV funding boost a surprise ... and right before a poll

DV funding boost a surprise ... and right before a poll

DV funding boost a surprise ... and right before a poll

Anti-domestic violence advocates across the nation have been fighting for a boost in funding and one group was successful ... right before an election.

Troubled interchange's design 'financially motivated'

Troubled interchange's design 'financially motivated'

Troubled interchange's design 'financially motivated'

Troubled interchange's design 'financially motivated'

Sydney's controversial "spaghetti junction" suffered from a focus on maximising financial return over the public interest, an inquiry has found.

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Victorians bear more cost blowouts to public projects

More than 100 Victorian building projects faced cost blowouts after the state government updated its guide to address the risk of price increases.

Nurses say 15 pct pay rise will not hit patient pockets

Nurses have demanded a 15 per cent pay rise and a new report argues the NSW government could achieve it without costing taxpayers a cent.

'Shameless' NSW budget blasted for lack of support

The NSW opposition says Labor's second state budget is sorely lacking in direct cost-of-living relief at a time people across the state are crying out for it.

Deals beyond 'baseline' pay rise could fuel budget pain

Several unions want worker pay packets to rise beyond the NSW government's offer, but critics warn going further could hurt the budget for years.

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Record funds for social homes to fix NSW pressure point

The NSW government plans to funds thousands of new social homes - spending more than any predecessor - while critics say another tweak will make matters worse.

Disaster-hit regions to receive budget patch-up job

Communities hit by natural disasters, including repeated floods, will benefit from billions of dollars in funding after the NSW budget.

NSW in battle to wrangle ballooning debt after GST hit

A series of predicted budget surpluses have turned into deficits for NSW, pushing debt to a projected figure of nearly $200 billion within a few years.

Renters could be hit in $1.5b 'sneaky' budget tax hike

Landlords, holiday-home owners and businesses could be hit with higher taxes in the NSW budget, while $200m has been set aside for homes for regional workers.

Billions spent on consultants amid integrity concerns

Australia is spending billions on consulting services despite transparency issues and conflicts of interests, prompting calls to regulate the industry.

States at odds over coal royalty revenue, GST cut

Queensland Treasurer Cameron Dick has hit back at his NSW counterpart over a proposed overhaul of coal royalty revenue in GST calculations.

Billion-dollar NSW consultant spend lashed, cut pledged

The previous NSW government was too reliant on consulting firms and paid for work normally designed for the public service, a parliamentary inquiry has found.

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