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.
Economy, Business and Finance
Competition and rivalry found to force lower airfares
A little competition goes a long way in bringing down airfares, based on fresh research from a federal task force.
Aust shares gain again, flirting with new all-time high
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.
Godfreys enters administration, with 54 stores to close
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.
Local shares gain again but don’t crack all-time high
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.
Floods after back-to-back cyclones damage iconic reef
Scientists say they are concerned about the impact back-to-back cyclones in north Queensland have had on the Great Barrier Reef.
Treasurer ‘not considering’ changes to negative gearing
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.
South Australia nabs top spot in state economic ranking
Australian states are all facing economic headwinds but some are more resilient than others, with South Australia performing better than the rest.
Albanese ‘hopeful’ for Senate support in tax cut change
The prime minister is standing by his changes to stage three tax cuts, remaining confident parliament will support the amended plans.
Changing of the guard at Future Fund puts Combet at top
Former ACTU leader and Labor minister Greg Combet is the new chair of Australia's sovereign wealth fund, replacing Liberal stalwart Peter Costello.
Days of gains for Australian shares as miners dig deep
The Australian share market has climbed half a per cent as surging mining companies helped the index to its fifth successive day of gains.
Independent MPs ‘conflicted’ by tax cut changes
Changes to tax cuts would help lower income Australians, but some independent MPs are concerned about the impact on their affluent constituents.
PM open to crossbench talks on tax cut changes
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.
PM stands by tax cut changes for ‘every Australian’
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.
PM to take stage three tax change pitch to regions
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.
Major automaker recalls electric cars due to fire risk
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 prices under gaze of consumer watchdog
Supermarket giants are accused of price gouging on fruit, vegetables and meat and the consumer watchdog will use its "full legal powers" to investigate.
Albanese tax plan will give average earner $1500 tax cut – more than double Morrison’s Stage 3
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.
PM justifies rejigged tax cuts as cost-of-living relief
The prime minister has backed his government's reworked income tax package as the best way forward for struggling workers.
Sea changers flock to more affordable coastal towns
Home buyers moving to the seaside are looking to buy for well under $1 million, with affordable coastal markets in Western Australia booming.
Accused crepe assailant’s real estate licence revoked
Legal troubles have continued for a woman accused of assaulting the former Northern Territory chief minister, now having her real estate licence revoked.
business (general)
computing and information technology
internet
online
safety of citizens
science and technology
security
security measures
technology (general)
New rules warn of AI data poisoning, attacks and theft
Australia's top cybersecurity agency has issued guidelines for the use of artificial intelligence technology, warning businesses about privacy and data risks.
Middle income earners primed for extra tax relief
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 makes up the majority of Aussie marine litter
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.
House prices smash records, wiping out downturn losses
Australia's housing sector has recouped all losses from the 2022 downturn to end 2023 smashing median price records across all capital cities.
Labor on vote-buying spree promising tax cuts for all
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.
Disadvantaged regions at risk of dental decay: study
Responsibility for water fluoridation should return to the Queensland government say researchers who found disadvantaged areas had greater dental disease risk.
Households waiting on building insurance settlement
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.
Toyota’s electric adverts spark confusion claims
An environmental group is calling on Australia's consumer watchdog to investigate Toyota over the way it advertises hybrid vehicles.
Planes crashed mid-air after unplanned manoeuvre
A plane nose dived into Port Phillip Bay, killing the two men aboard, after it hit another aircraft trying to do an inverted manoeuvre.
Insolvency on the rise, as opposition attacks govt fund
The coalition have criticised the government for the number of manufacturing businesses going under as insolvency levels rise above pre-COVID levels.