The $230 billion Future Fund was created to stop a black hole in the federal budget. It’s now been tasked with investing in housing,energy and infrastructure.
Data shows more than one in 20 businesses across the country is failing as consumer spending dries up and high costs hit their bottom line.
Roughly half of Australians believe immigration is too high,although their attitudes appear to be driven by record levels of worry about housing and the economy rather than a surge in anti-migrant sentiment.
Neither major party will try to win over voters at the federal election with an offer of substantial tax relief.
Jim Chalmers has used an off-the-cuff speech to rally Labor supporters … while also exposing the government’s fears.
For years,governments have focused on population,productivity and participation. But as the US election shows,they need to start paying attention to the letter F.
Treasurer Jim Chalmers will unveil plans,mirroring reforms used by Paul Keating and John Howard,to get the economy running faster and cheaper.
The prime minister is seeking to meet Chinese President Xi Jinping within days to shore up a $327 billion economic relationship.
Births have fallen to a 15-year low and skyrocketing property prices are being blamed. Now there are calls for new policies to help people have children.
As the treasurer moves to calm economic fears after Trump’s victory,AUKUS fan and former secretary of state Mike Pompeo has been snubbed for a White House job.
While the US prepares for a bout of serious self-harm that will affect the rest of the world economy,Australia is unlikely to be in the firing line.