States to share in $166b of federal funds
Between the GST carve-up and specific purpose payments, the states and territories will share in more than $166 billion in federal funding over the year.
economy, business and finance
Singapore Air’s Top End flights take off
The first Singapore Airlines passenger flight into the Top End for more than two decades is set to land in Darwin as tourists begin returning to Australia.
Smaller deficits even as Frydenberg spends
Treasurer Josh Frydenberg has banked some of the windfall from strong economic growth, low unemployment and a spike in commodity prices.
Pre-poll budget offers cash, cheaper fuel
Australians will get one-off cash handouts and tax breaks and pay less for fuel under new budget measures, but a lack of permanent relief has been criticised.
Federal budget shows 3.75pct jobless rate
The federal budget will forecast the unemployment rate falling to 3.75 per cent later this year, well below what was expected just a few months ago.
Pre-election budget to ease cost of living
Tuesday night's federal budget is expected to include a cut to the fuel excise as well as assistance for more first home buyers.
Budget to enjoy dividend of strong economy
Treasurer Josh Frydenberg says Tuesday's budget will show a significant improvement in the bottom line as a result of a strong economy.
Youth mental health focus set for budget
More than $260 million has been set aside in the budget for mental health services for young Australians, as the government seeks to highlight health care.
Federal budget improves in red-hot economy
Economists expect Treasurer Josh Frydenberg's fourth budget will show a much-improved bottom line in an economy that is running red hot.
Wage pressures as job demand stays strong
The National Skills Commission says job advertisements on the internet rose by a further 3.6 per cent in February.
breaking_news
economy, business and finance
energy (general)
energy and resource
environmental issue
natural gas
natural resources (general)
politics
Gas frackers, cattle incompatible: inquiry
A Senate inquiry has heard the cattle industry and traditional owners cannot co-exist with gas fracking companies in the Northern Territory's Beetaloo Basin.
PM promises effective, responsible support
Consumer confidence has dropped to its lowest level since September 2020, undermined by persistent concerns over the inflation outlook.
Star CEO ‘berated’ KPMG report authors
A "hostile" Star CEO who eventually met with the authors of a report that raised concerns over the casino's compliance spent the meeting "berating" them.
auto trends
automotive equipment
economy, business and finance
environmental issue
politics (general)
Bowser pain renews charge on electric cars
States are leading the charge on electric vehicles as drivers of conventional cars look for short-term relief at the bowser and consider permanent alternatives.
Careful response to cost of living: PM
Prime Minister Scott Morrison says his government is fully aware of the cost of living pressures Australians are facing and is promising a budget response.
Cost of living relief to feature in budget
Treasurer Josh Frydenberg says there will be targeted relief from the rising cost of living in the budget, but warned high support levels could not continue.
Aussies ‘lucky bastards’ as UK gas spikes
The former UK energy regulator is in awe of Australia as gas prices bite Europe's households, but the federal government is warning against complacency here.
More support for aviation critical: report
A parliamentary committee has recommended the federal government provide ongoing support to the aviation industry as it recovers from the impacts of COVID-19.
Putting people back into energy transition
Energy experts have been urged to think differently about how to activate people and industries who can solve the everyday problems of the energy transition.
Star admits ‘misleading’ NAB on gaming
An inquiry into the suitability of Sydney's Star casino to hold a licence is examining due diligence at the venue and claims of links to organised crime.
Budget being framed carefully: Birmingham
Simon Birmingham says the Morrison government will "very carefully" strike a balance between tackling the cost of living and not adding to inflation pressures.
War will depress growth globally, PM warns
Prime Minister Scott Morrison believes the war in the Ukraine will likely depress global economic growth.
PM hints at pairing back budget spending
Scott Morrison has hinted of the possibility of winding back government spending measures ahead of the budget.
Mixed views on ethanol as oil shock answer
Australia's petrol and diesel taxes are already amongst the lowest in the world, prompting calls for greater use of ethanol to provide relief at the bowser.
Consumers fret over inflation, RBA unsure
The Reserve Bank of Australia minutes from its March 1 board meeting show there is uncertainty how inflation will evolve in the face of the Ukrainian war.
Inland Rail to cut $200m from freight cost
New modelling reveals a shift from road to the Inland Rail network could slash more than $200 million a year from freight costs.
Fuel relief decision put off until budget
Motorists will have to wait until later in the month to see how the federal government plans to ease pressure on petrol prices as they soar above $2 a litre.
US, UK, Europe intensify squeeze on Russia
Western allies have mounted a fourth round of sanctions against Russia over its Ukraine invasion, with moves aimed at the Russian economy and its elite.
Assessors, techies, bankers join mud army
Insurers say it's too soon to put a price on the floods as initial claims near $2 billion and assessors, techies and bankers muck in alongside communities.
RBA deputy governor Guy Debelle resigns
Guy Debelle, the deputy governor of the Reserve Bank of Australia, has resigned to take up a corporate role with Fortescue Future Industries in June.
Petrol bowser pain flows for some time yet
Treasurer Josh Frydenberg has warned petrol prices could remain elevated for some time yet as a result of the war in eastern Europe.