Trusted and independent source of local, national and world news. In-depth analysis, business, sport, weather and more.
The government's intergenerational report released last week describes a challenging future for Australians. It said that without major reform, improvements to living standards will come more slowly and young people will bear an overly large proportion of the tax burden.
Angus Taylor is the shadow treasurer and Sarah Ferguson asks him to provide the Opposition's vision for grappling with the reports' version of the future.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Intergenerational report an important chance to focus on Australia’s future: TreasurerTreasurer Jim Chalmers says the 2023 intergenerational report is a really important chance to focus the nation’s mind on the future. “I’m optimistic about the future but we can’t be complacent about it,” he told Sky News Political Editor Andrew Clennell. “We’ve got a big chance in this country to make the big trends and transitions in our economy and our society work for us and not against us – that’s what the IGR is all about.”
Read more »
PRRT is ‘deterring new investment’ in gas: Shadow Finance MinisterShadow Finance Minister Jane Hume says the Petroleum Resource Rent Tax is “deterring new investment” in gas. “The PRRT obviously is very much a new tax, and it’s going to affect particularly gas producers, … gas producers are already under so much pressure,” she told Sky News Australia. “They originally had price caps put on them, which was an unprecedented market intervention, then they had the additional safeguard mechanism, and now they’re having the PRRT ... all of this is deterring new investment in gas.”
Read more »
Almost 40 years on, the miners’ strike still casts a long shadow over UK politics todayThe pit closures seem a distant memory to many, but they have had a huge impact on our very social fabric, says Guardian columnist John Harris
Read more »
Labor dumps attempt to modernise business records after $2bn budget blowoutAssistant treasurer Stephen Jones blames ‘failure of planning and oversight’ by previous Coalition government
Read more »
PwC scandal casts secrecy shadow over Commonwealth Games inquiryWitnesses before an inquiry into Victoria cancelling the Commonwealth Games were quick to explain why they had to remain silent.
Read more »