Daisy Turnbull’s point is well made. Where are the backyards to play in? Where are the creeks to dam? Where are the places to cycle to? It would be nice to think we can turn this around,but for many this will not be possible.
Peter Costello will forfeit $374,000 in annual remuneration after the former treasurer’s premature resignation from Nine.
The former Reserve Bank governor has joined the chorus of voices warning that interest rates may have to stay higher for longer.
The former treasurer says it is too early to be calling interest rate cuts despite signs that inflation is easing,and that investors have likely been too optimistic.
The Future Fund has started preparing its $136 billion portfolio for a financial environment with higher inflation and warned other investors will need to follow its lead.
Outgoing Future Fund chair Peter Costello says the current migrant intake increase is causing a lot of pressure on infrastructure.
Future Fund chairman Peter Costello said China was the biggest concern for the fund and that it was too early to call a peak in Australian interest rates.
CFMMEU national secretary Zach Smith says ordinary Australians cannot afford to see the two bodies stacked with “captains of industry with little insight into their daily struggles”.
The housing bill will be the first matter up for debate in the Senate this week.
The nation’s treasurers meet on Friday,with the federal government pressing for plans to deliver on its 1 million-homes promise.
Labor’s aspiration is to build 1 million new,well-located homes over five years from 2024,but it will confront some reality checks along the way.