What's New
WHAT'S NEW
The Senate is about to have an inquiry into the leading driver of expensive housing
The Greens, with the support of the Coalition, have established a Senate inquiry into the capital gains tax (CGT) discount. The CGT discount is an enormous tax concession that goes to people who buy investment properties.
WHAT'S NEW
New research shows the Coalition’s women problem has a name: Donald Trump
The Coalition’s problem with women voters is well-known. Female MPs are still outnumbered two-to-one in Liberal and National party rooms, and polling consistently shows women are less likely to vote for either party.
WHAT'S NEW
"Everything is uncertain": Trump-Xi meeting leaves the world on edge
As Donald Trump boasts about his newly renovated marble bathroom and its chandelier over the toilet, Australians are growing increasingly concerned and confused about the nation’s $386 billion investment into the AUKUS nuclear-submarine deal.
WHAT'S NEW
The Reserve Bank still thinks the labour market is tight. What evidence does it need?
Yesterday the Reserve Bank of Australia announced no change in official interest rates. Among other reasons it said “measures of labour underutilisation remain at low rates, job vacancies are still at a high level and business surveys and liaison continue to suggest that a significant share of firms are experiencing difficulty sourcing labour.”
WHAT'S NEW
Public trust in universities eroded as Australians see profit, not education, as their priority
New research reveals Australians think universities are too expensive and not doing their job
WHAT'S NEW
Households to get free electricity because of renewable generation
Renewables are the cheapest form of electricity generation, and this is being highlighted by the fact that soon electricity will be free for 3 hours a day.
WHAT'S NEW
Poverty is not inevitable, it’s a policy choice, social sector leaders tell Canberra”
Anglicare Australia has described the nation’s $7 billion employment services program as a waste of money, arguing the funds would be better used to create secure, lasting jobs.
WHAT'S NEW
Reserve Bank holds interest rates at 3.6%
The Reserve Bank of Australia has again chosen to hold the cash rate at 3.6 per cent.
WHAT'S NEW
Australia Last? Australia’s Resources Minister puts Japan ahead of Australians on gas and electricity prices
Despite our enormous energy reserves, Australian households are paying higher prices for electricity than Japanese consumers according to new analysis released today by the Australia Institute.
WHAT'S NEW
Gambling means Australians are the biggest losers in the world
A bet on the horses today is the only time many Australians will gamble. But this doesn’t change the reality that, collectively, Australians are the biggest gamblers in the world, wagering a total $254 billion in 2023-24.
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