Alarm sounded over long-term effects of tax cuts
Concerns are being raised new tax cuts will put a dent in the pocket of Australians in the long-term as the issue of bracket creep remains.
Concerns are being raised new tax cuts will put a dent in the pocket of Australians in the long-term as the issue of bracket creep remains.
A little competition goes a long way in bringing down airfares, based on fresh research from a federal task force.
The local share market was up 0.6 per cent at midday, and had moved less than three points away from eclipsing its previous record high set back in mid-2021.
Voluntary administrators expect 171 Godfreys staff in Australia will be made redundant as the company's store count is reduced by more than a third.
For a second time this month, the local share market came close to eclipsing its record high set back in mid-2021 but most of its gains faded in the afternoon.
Scientists say they are concerned about the impact back-to-back cyclones in north Queensland have had on the Great Barrier Reef.
The treasurer has poured cold water on suggestions Labor will go further with tax reform and target negative gearing after rejigging stage three tax cuts.
Australian states are all facing economic headwinds but some are more resilient than others, with South Australia performing better than the rest.
The prime minister is standing by his changes to stage three tax cuts, remaining confident parliament will support the amended plans.
Former ACTU leader and Labor minister Greg Combet is the new chair of Australia's sovereign wealth fund, replacing Liberal stalwart Peter Costello.
The Australian share market has climbed half a per cent as surging mining companies helped the index to its fifth successive day of gains.
Changes to tax cuts would help lower income Australians, but some independent MPs are concerned about the impact on their affluent constituents.
As the Greens urge further changes to stage three tax cuts, the prime minister says he is open to negotiations to ensure their passage through parliament.
The prime minister has brushed off criticism of proposed changes to promised tax cuts, saying he has a responsibility to help Australians in financial stress.
Anthony Albanese has challenged the crossbench to back in changes to stage three tax cuts, ahead of a regional sales pitch of the proposed reforms.
A recall has been issued for more than 200 electric vehicles after Audi discovered an issue with their batteries that could increase the risk of a fire.
Supermarket giants are accused of price gouging on fruit, vegetables and meat and the consumer watchdog will use its "full legal powers" to investigate.
A person on the average annual wage of $73,000 will get a tax cut of more than $1500 a year under Labor’s revamped tax policy – more than double the cut they’d have received under the Coalition’s legislated stage 3 plan.
The prime minister has backed his government's reworked income tax package as the best way forward for struggling workers.
Home buyers moving to the seaside are looking to buy for well under $1 million, with affordable coastal markets in Western Australia booming.
Legal troubles have continued for a woman accused of assaulting the former Northern Territory chief minister, now having her real estate licence revoked.
Australia's top cybersecurity agency has issued guidelines for the use of artificial intelligence technology, warning businesses about privacy and data risks.
The prime minister says middle income earners are at the centre of an income tax overhaul that he will flesh out in a speech on Thursday.
Plastic made up 79 per cent of the rubbish collected from Australia's urban rivers, bays and beaches over the past three years, conservationists say.
Australia's housing sector has recouped all losses from the 2022 downturn to end 2023 smashing median price records across all capital cities.
Anthony Albanese is promising middle Australia will be the focus of cost-of-living support, as speculation mounts about changes to stage three tax cuts.
Responsibility for water fluoridation should return to the Queensland government say researchers who found disadvantaged areas had greater dental disease risk.
There was an unprecedented number of domestic building insurance claims after the collapse of builders like Porter Davis with more than 1000 claims not settled.
An environmental group is calling on Australia's consumer watchdog to investigate Toyota over the way it advertises hybrid vehicles.
A plane nose dived into Port Phillip Bay, killing the two men aboard, after it hit another aircraft trying to do an inverted manoeuvre.
The coalition have criticised the government for the number of manufacturing businesses going under as insolvency levels rise above pre-COVID levels.