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The Latest News from public finance

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.

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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

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'

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

Victorians bear more cost blowouts to public projects

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.

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Nurses say 15 pct pay rise will not hit patient pockets

Nurses say 15 pct pay rise will not hit patient pockets

Nurses say 15 pct pay rise will not hit patient pockets

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

'Shameless' NSW budget blasted for lack of support

'Shameless' NSW budget blasted for lack of support

'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

Deals beyond 'baseline' pay rise could fuel budget pain

Deals beyond 'baseline' pay rise could fuel budget pain

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.

Record funds for social homes to fix NSW pressure point

Record funds for social homes to fix NSW pressure point

Record funds for social homes to fix NSW pressure point

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

Disaster-hit regions to receive budget patch-up job

Disaster-hit regions to receive budget patch-up job

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

NSW in battle to wrangle ballooning debt after GST hit

NSW in battle to wrangle ballooning debt after GST hit

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

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

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

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.

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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.

Migration plan wobble raises questions for opposition

Shadow Treasurer Angus Taylor has defended inconsistencies in his party's migration plan, saying the overall point of the exercise is to free up homes.

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'Not close to what we would accept': police pay panned

A showdown is looming between the NSW Police Force and union officials over officers' pay as an existing deal comes close to expiring.

Off-ramps built into Labor's future industries agenda

Another era of prosperity is at the heart of the government's new industry plan, yet much hinges on its design to ensure taxpayer funds are used wisely.

Sparks fly over energy bill handouts for the wealthy

Treasurer Jim Chalmers has defended a handout of energy rebates to all households despite calls to have it extended more to those struggling to make ends meet.

Mental health body to be moved after culture review

Australia's national bodies for mental health and suicide prevention is shifting to the health department after a review found a poor workplace culture.

Budget leaves helpless renters to 'rot in housing hell'

Housing affordability crisis will not be solved by the federal government's inadequate increase to rent assistance and construction incentives, critics say.

Budget shows no empathy for the bush: Littleproud

Nationals leader David Littleproud has slammed the federal budget but others are more optimistic about the government's vision for the future of the regions.

States query GST carve-up despite 'constructive' budget

The reviews are rolling in for the federal budget, with Australia's two most populous states publicly questioning the support they have received from Canberra.

Topics

politics economy, business and finance australia crime, law and justice new south wales victoria queensland health police housing and urban planning parliament northern territory road transport education state budget and tax budgets and budgeting civil and public service wage and pension consultancy service teachers

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