As history shows, the alternative – plummeting inflation under an economy in recession – might be too painful.
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A major report to the Federal Government has called for substantial reforms to improve productivity in Australia’s service sectors.
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Prime Minister Anthony Albanese has unveiled Australia’s plan to develop and deliver nuclear submarine capacity over a two-decade timeframe, under the defence partnership with the US and the United Kingdom.
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Deputy Prime Minister Richard Marles has defended Australia’s level of security in working with US military technology, ahead of increased co-operation through the AUKUS partnership.
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Australia’s head security official has warned of the threat of dangers posed by Department of Defence insiders willing to sell their military training and expertise to foreign governments.
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Six months after it was commissioned, the report of the Defence Strategic Review has been handed to the Albanese Government.
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Deputy Prime Minister Richard Marles has flagged that the current Defence Strategic Review would address the ability of Australia to project its power against increased threats.
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Prime Minister Anthony Albanese has veered around suggestions that a means test or co-payment should be introduced to help rein in the costs of the National Disability Insurance Scheme (NDIS).
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Australia’s federal budget position for 2022-23 is on course to deliver a sharp reduction on the $37 billion deficit originally forecast in the October budget, according to latest figures from the Department of Finance.
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If you’re looking for reasons why Australia’s economy has remained resilient over the past three years, one place to start is the relative strength of the agricultural sector.
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China may be Australia’s largest trading partner by some margin, but the level of new inbound commercial investment is dominated by one continent: North America.
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Despite ongoing trade bans, China remained Australia’s largest trading partner in 2021-22, according to official data.
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Australia’s economy has continued its growth path, with gross domestic product (GDP) rising 0.6 per cent in the September quarter, or 5.9 per cent over 12 months.
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Defence Minister Richard Marles and Foreign Affairs Minister Penny Wong are due to hold major talks this week with their United States and Japanese counterparts on defence and security co-operation.
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Daniel Andrews’ Labor Government has been easily re-elected in Victoria, securing a third term with a likely majority of up to 12 seats.
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Federal Education Minister Jason Clare has announced a comprehensive review of Australia’s higher education system.
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Deputy Prime Minister Richard Marles says Australia’s Defence force must be able to demonstrate to the public the quality of its expenditure and cannot be exempt from normal budgetary processes.
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The Australian Cyber Security Centre (ACSC) has reported receiving more than 76,000 cybercrime reports in 2020-21, up almost 13 per cent, or one report every seven minutes.
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Less than 24 hours after the Federal Budget warned on rising price pressures, official figures showed that in the September quarter Australia recorded its highest annual inflation rate for more than 30 years.
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Federal Treasurer Jim Chalmers has used his first Budget speech to flag major reforms to restore the nation’s fiscal buffers amid the challenges of soaring energy prices and rising inflation.
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