From today, with the end of the cut in the fuel excise, petrol is back at full price. And over the past month, Australians have experienced economic pain equivalent to around one and a half RBA rate rises.
It’s not hard to see why the politics of grievance is flourishing in this environment. It has fertile ground. People are angry because it’s one of the only things they can still afford, and yet the economy is still being viewed through the lenses of those who have the most.
There have been some recent claims that the Journalism Assistance Fund is funnelled toward left-wing outlets, but this is not true.
Australia risks being left with billions of dollars in stranded assets if it continues expanding fossil fuel projects while key Asian markets continue shifting towards renewable energy.
Queensland’s controversial laws banning two phrases used in pro-Palestine demonstrations will be tested in the High Court, with a group of activists arguing the legislation unlawfully restricts political communication.
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Oil and gas giant Woodside has reported $6 billion in revenue over the past three months, an increase of nearly 30 per cent. It has led some media outlets to label the fossil fuel company as “one of Australia’s biggest winners” from war in the Middle East.
The good news is that headline inflation went down to 3.8%, (from 4% last month) with the trimmed mean (the inflation rate with the most volatile bits removed) unchanged at 3.6%. Both of these were below what the market and the RBA were predicting.
Young Australians who experience homelessness are far more likely to face financial hardship, poor mental health and disruptions to their education, with new research revealing the compounding disadvantage that comes with housing instability.
The City of Newcastle has become the latest council to call on the federal government to make fossil fuel companies contribute to the growing costs of climate disasters. It’s passed a motion urging Canberra to establish a National Climate Compensation Fund, arguing it needs help responding to worsening extreme weather “caused by the burning of fossil fuels”.
What could the romantic poets of the Eighteenth Century possibly teach us about modern politics? For those struggling to convince people to question existing practices and consider new ways of doing things, the answer is: quite a lot.
It isn’t always easy to keep up with what’s happening in the US. “Shorter America” is a series where Dr Emma Shortis loops you in on what’s going on in America and shares news and analysis that you can trust.
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New analysis has found Australia’s biggest industrial emitters received around $22 in Fuel Tax Credit rebates for every dollar they spent complying with the federal government’s emissions reduction policy last year.
The Albanese government is being urged to grant work and study rights to nearly 15,000 people seeking asylum to help address workforce shortages in industries such as healthcare, construction and early childhood education.
Australia’s biggest conservation organisations have united behind a call to end native forest logging, arguing governments should protect forests for their environmental value rather than use them to offset fossil fuel emissions.
