What's New
WHAT'S NEW
Economists warn war will push up energy bills unless Australia ends gas giveaway
Economists are warning the Albanese Government must act immediately to end “Australia’s enormous gas giveaway” as households begin to see – and feel – the economic fallout of war in the Middle East.
WHAT'S NEW
Why is the war pushing energy prices up? Australia has plenty of gas, there is no shortage.
By simply diverting uncontracted gas to the domestic market before it is exported, and putting a 25% tax on the contracted export gas to bring some much needed revenue back to Australians, it would also reveal something the gas industry rarely acknowledges: Australia does not have a gas shortage problem. It has a gas export problem.
WHAT'S NEW
Make it make sense: Pay to see the Twelve Apostles, but gas companies drill for gas and dump right beside them tax free?
Visitors to the Twelve Apostles along Victoria’s Great Ocean Road will soon be asked to pay an entry fee, with the Vic State Government arguing it’s ‘only fair’ that visitors contribute to maintaining one of Australia’s most visited natural landmarks.
WHAT'S NEW
Clive Palmer joins cross-party chorus for fairer gas tax
Clive Palmer and his United Australia Party have joined a growing chorus of voices calling for a 25% tax on Australian gas exports, saying “We need Australian gas for Australians, not sent offshore to benefit other countries.”
WHAT'S NEW
The Point Weekend Quiz
How well have you kept up with the week's stories? Take the quiz and find out.
WHAT'S NEW
Gender pay gap narrows, yet men out-earn women in almost every occupation
Earlier this week the Finance Minister and Minister for Women, Senator Katy Gallagher released the latest data of the gender pay gap by the Workplace Gender Equality Agency.
WHAT'S NEW
Shorter America This Week: Is Australia at war?; Iran; What more is there to say?
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.
WHAT'S NEW
The Wrap: Trump’s war has already pulled Australia in
The President of Peace has started another war. It began with the bombing of a school in southern Iran. According to Iranian authorities, the death toll from that strike now sits at 168. Many of the victims were children.
WHAT'S NEW
Will war in Iran push up petrol prices?
Any war or bombings in Iran always brings with it a reflex thought of what will happen to oil prices and in turn how much we pay for petrol.
WHAT'S NEW
CGT discount back in focus as housing debate intensifies
A fresh political battle is brewing over how Australia should fix the housing crisis, with Shadow Treasurer Tim Wilson arguing against changes to the capital gains tax (CGT) despite criticising the scheme in the past.
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