‘As soon as I heard the stimulus bill passed, I got a sick sense of dread in my stomach.’
Source
Major fossil fuel companies are overrepresented among the ranks of big businesses who have paid zero corporate tax for six years, according to Australian Tax Office data.
Overall, 32 per cent of businesses with annual revenues over $100 million –...
A Nationals proposal to create a $250 billion mining fund in exchange for support of net zero by 2050 has been labelled “completely crazy” as government infighting over climate targets mounts before the Glasgow climate summit later this month.
Nationals...
ANZ Bank chief executive Shayne Elliot has doubled down on refusing to back a condemnation of political violence in Myanmar, saying it would put overseas staff in “harm’s way”.
The bank has declined to sign a letter calling for a...
Australia’s economy is thought to be larger today than it was before the pandemic, with estimates from Commonwealth Bank suggesting it was 1.1 per cent larger than pre-COVID levels in the first three months of the year.
Data out on...
One million Western Australians have had two vaccine doses, while Premier Mark McGowan has said his policy on borders is unchanged.
Mr McGowan said the 1 million fully vaccinated mark was hit today.
That’s about 48 per cent of the state’s...
Business investment is expected to have taken a hit during the recent COVID-19 lockdowns, but economists are hopeful that firms have upgraded their future spending plans.
The Australian Bureau of Statistics releases private new capital expenditure for the September quarter...
The cracks between the New South Wales and Morrison governments are widening – first climate, now vaccines and key economic policies as well.
Amid COVID outbreaks and vaccine wars last week, a fundamental difference on wages slipped by relatively unnoticed...
Australia broke another export record in April as high iron ore prices flowed into rivers of gold for the mining sector, further frustrating China’s attempts to punish us for criticising their human rights policies.
But the pace of our latest...
Perth developer Barry Baltinas has submitted plans for a $27 million apartment building alongside the site of Gary Dempsey’s derailed proposal to the state’s expedited planning pathway.
Mr Baltinas bought the 549 square metre site at 122 Marine Parade in...
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