There are no noisy agitators on the Qantas board. The directors should shoulder some blame for what’s ailing the airline.
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.
This week’s release of the sixth intergenerational report will highlight the wide range of challenges facing Australia’s budget and economy over the next 40 years.
It’s normal for a prime minister and treasurer to have creative tension,but Anthony Albanese and Jim Chalmers should embrace it.
The $196 billion Future Fund is bracing for more volatility on global markets and has predicted interest rates have further to rise.
Cabinet papers reveal the Howard government was warned of huge budget problems. But they were based on a major population miscalculation.
Future Fund chairman Peter Costello says central banks were too slow to raise interest rates - and borrowers would pay the price.
Former treasurer Peter Costello once told the nation to have “one[baby] for Mum,one for Dad,and one for the country” when he launched the baby bonus. Those children are now starting to turn 18.
The former federal treasurer and Future Fund chair has warned investors to brace for lower returns for longer,as inflation and higher interest rates create market volatility and uncertainty.
Party leaders are entitled to the odd captain’s pick - and Anthony Albanese is entitled to this one in Parramatta.
The interest cost of servicing the federal budget debt could eclipse what the country spends on aged care.