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Taylor demands PM set up government spending audit
The new opposition leader is seeking to put pressure on Labor over rising inflation and higher interest rates as gross national debt approaches $1 trillion.
Unprecedented warning: Taxpayers may need to bail out broke states
The International Monetary Fund issued a rare warning as it called on Treasurer Jim Chalmers to press the states to rein in spending and overhaul property taxes.
US concludes BYD and Alibaba have links to Chinese military
The companies are among a number that the Pentagon believes could pose a threat to American national security.
Labor urged to revisit ‘absolute no-brainer’ migration reform
Immigration is set to become a major political battleground after Angus Taylor said the Liberal Party would block or expel people “who hate our way of life”.
Plan to switch off home solar panels meets state resistance
The grid operator says its inability to switch off rooftop solar panels during grid emergencies risks blackouts. The Queensland government is less convinced.
Bank supremacy battle, blue chip CEOs exiting and wild ASX moves
James and Anthony discuss this week’s market turmoil, how Macquarie is tearing banking apart and what’s behind a spate of chief executive departures.
Opinion & Analysis
US attitude towards Vietnam remains imperialist, not capitalist
Hanoi’s relationship with Washington since the end of the war has been one of remarkable redemption, but trade negotiations with Donald Trump show the scars remain.
International affairs expert
The case for the carbon tariff Angus Taylor rejects
It may seem a niche issue but sorting carbon leakage from emissions-intensive facilities is needed to put industrial climate policy on a firm footing.
Energy expert
Think the CGT discount is a tax break? Think again
It is arguably unfair to middle-income earners who sell a property to be pushed into a higher tax bracket for that year.
Former Treasury official
Labor should follow Mark Carney’s lead on managing migration
It is not dog-whistling to prudently review immigration settings to match public opinion. The immigration program must retain popular support to be sustainable.
Editorial
More From Today
US attitude towards Vietnam remains imperialist, not capitalist
Hanoi’s relationship with Washington since the end of the war has been one of remarkable redemption, but trade negotiations with Donald Trump show the scars remain.
The case for the carbon tariff Angus Taylor rejects
It may seem a niche issue but sorting carbon leakage from emissions-intensive facilities is needed to put industrial climate policy on a firm footing.
Think the CGT discount is a tax break? Think again
It is arguably unfair to middle-income earners who sell a property to be pushed into a higher tax bracket for that year.
Yesterday
Labor should follow Mark Carney’s lead on managing migration
It is not dog-whistling to prudently review immigration settings to match public opinion. The immigration program must retain popular support to be sustainable.
AGL and Origin have sent a clear message about the energy transition
The country’s two biggest listed energy companies, under Frank Calabria at AGL and Damian Nicks at Origin, are getting on with the energy transition while signalling the end of coal and no support for nuclear.
Jane Hume has become the Liberals’ woman problem by tearing down Ley
The new deputy leader might be able to charm some with her confidence and presentation, but her record does not look like that of a champion for working women.
This Month
‘The new mining boom’: Government spending is reshaping the economy
Federal and state governments are now responsible for generating a record 35 per cent of the final goods and services produced in the economy.
Labor eyes carbon tariffs amid global trade tensions
Labor will consider tariffs on selected imports from countries with weaker emissions reduction policies in a 2026 review of its flagship climate policy.
‘Retiree tax’ crusader is contender to be shadow treasurer
Tim Wilson, the Liberal MP who campaigned relentlessly to help kill Labor’s superannuation tax, has emerged as a frontrunner for the high-profile role.
Three reasons old people are happier (that work for any age)
These patterns of behaviour explain why old people tend to be happier than young adults. You can learn these rules for good living and enjoy their benefits.
Austal slashes earnings outlook after double counting US Navy contract
More than $600 million was wiped from the country’s largest shipbuilder after it said it had added incentive payments twice to its annual profit forecasts.
‘About time’: Calls for Labor government spending review
Australia has scrutinised the tax system five times in the past 40 years but conducted only two comprehensive spending reviews – the last more than a decade ago.
RBA board appointee argued for higher interest rates
Bruce Preston, one of the nation’s top academic monetary policy economists, has been added by Jim Chalmers to the central bank’s cash rate-setting panel.
The Lowy cocktail party under sniper guard
The mobilisation of security for the visit of Israel’s president extended to private get-togethers.
Albanese stalls on Trump’s ‘Board of Peace’ as allies walk away
The government is privately grappling with how to say no to the Trump administration’s invitation without provoking a diplomatic fallout.
RBA concedes low unemployment fuelled inflation
High labour costs are contributing to inflation pressures that forced the RBA to U-turn and raise interest rates for the first time in two years last week.
Taylor wants to lead the Liberal Party – but can anyone save it now?
It’s time for the Coalition to stop letting everyone down and get on with the job of holding the Albanese government’s stewardship of the economy to account.
Treasury contradicts Chalmers on spending blowout
A senior treasury official has contradicted a claim from Jim Chalmers about the contribution of government spending to a $54 billion blowout in the budget.
PM unites with Herzog on Iran, but raises death of aid worker
The leaders jointly condemn Iran during a meeting at Parliament House, but Anthony Albanese maintains push for investigation into death of an Australian aid worker.
Chinese warships came within 10km of Australian waters: Defence
Chief of the Defence Force David Johnston reveals a Chinese flotilla identified in November came much closer to Australia than previously thought.
