When things move quickly in politics, the less nimble players can find themselves exposed. Those who react slowly to the changing reality of energy politics in Australia are likely to face consequences.
The Reserve Bank of Australia (RBA) have long complained that too few people are unemployed. They will no doubt be happy then that unemployment in April rose to 4.5% - the highest level since 2021 – and before the full impact of the rates rises this year take effect.
Former Prime Minister Paul Keating has stepped into the debate on changes to the Capital Gains Tax (CGT) announced in last week’s budget with a full-throated defence of the Government’s proposals.
Can you be as bad as Joe Hockey, who said poor people don’t drive, and suggested that the solution to the housing crisis was for young people to get a good job that pays money? Well, alas, the NSW Premier Chris Minns has now reached the Joe Hockey level of economic ignorance.
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One of the more hilarious aspects of the budget is that conservative newspapers have discovered that young people exist. Not all young people, mind. Not young people trying to cope on Jobseeker, or young people coping with a more precarious labour force than in the past, or young people with disabilities about to be kicked off the NDIS, not even young people wanting to buy a home. Nope, we are talking about young people who invest.
The Greens have accused major corporations of capitalising on global instability to drive stronger inflation and boost profits, following the release of new Reserve Bank of Australia (RBA) research.
The Australian Human Rights Commission (AHRC) has called for urgent nationwide reform to address racism in Australia’s criminal justice system after the United Nations raised “grave concerns” about the treatment of Aboriginal and Torres Strait Islander children.
Former oil and gas executives are urging the Albanese government not to use the Middle East crisis as justification for expanding fossil fuel production, warning Australia risks locking itself into an “outdated” energy system as the rest of the world accelerates towards electrification.
Environmental groups have accused the Albanese Government of laying the groundwork to weaken nature protections after the federal budget allocated millions toward devolving environmental approval powers to states and territories.
While Labor gained seven seats, their first-preference vote was actually 2.5% lower than the 40% they had achieved in 2022. Labor won over 70% of the seats on a preference vote of almost half that, 37.5%. This is thanks to single-member electorates.
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.
The first calls for a boycott came in 1964. A young Danish left-wing activist stormed the stage holding a banner reading “Boycott Franco and Salazar”. Though, the most controversial part of the competition has long been the inclusion of Israel.
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Angus Taylor just accidentally proved that the housing affordability crisis has nothing to do with immigration. In his budget reply speech he said “A Coalition government will cap immigration numbers based on the number of homes constructed each year.” But clearly, no one in his office ran the numbers.
The Australian Services Union (ASU) is right, a 25% gas tax would raise far more than the PRRT does, and enough to pay for vital community services that Australians rely on.
Rebekha Sharkie is right: Australia Institute research has found that Medicare is failing regional and remote Australians, with rural people getting sicker and dying younger than their city counterparts.
