Market turmoil could stoke inflation: Future Fund
The Future Fund has outperformed the broader market and its own target but its managers warn market uncertainty could lift bond yields and reignite inflation.
The Future Fund has outperformed the broader market and its own target but its managers warn market uncertainty could lift bond yields and reignite inflation.
Young income earners will be increasingly called upon to fund rising public spending unless structural tax reforms are made in the next term of government.
Australia's bottom line will be $11 billion better off, if the government releases a budget before the election, a leading economist predicts.
The opposition's claim Labor has added $350 billion in spending omits the impact of inflation, while Labor's response misconstrues the coalition's planned cuts.
The opposition's claim Labor has added $350 billion in spending omits the impact of inflation, while Labor's response misconstrues the coalition's planned cuts.
Taxpayers will fork out a $50 million debt lifeline to Rex, with the federal government stepping in for a second bid to sell the embattled airline.
The Queensland opposition has drummed up interest for its youth crime prevention measures after being accused of dancing around costings ahead of the election.
Australia lags behind western nations in tackling inflation, the shadow treasurer says, as the Reserve Bank mulls whether to lower interest rates.
US Democratic President Joe Biden and Republican House Speaker Kevin McCarthy have reached a tentative deal to raise America's debt ceiling.
US President Joe Biden has urged Congress to pass the tentative debt ceiling deal he reached with Republican House Speaker Kevin McCarthy.
Welfare recipients owing debts will no longer be pursued by third-party debt collectors, with the process to be handled by the department in charge of payments.
Almost 2200 people living on Norfolk Island could have self-rule returned more than seven years after the federal government took over the remote island.