Economic Policies

A former chief scientific adviser has estimated that costs could reach between £3 and £4 trillion to move to a zero-carbon economy.

Opposition Leader Peter Dutton played to the Coalition’s strengths in his reply to Tuesday’s Budget, emphasising issues such as crime and immigration.

Eighty-seven members voted for, and 56 against the Digital ID Bill 2024.

The Transport Select Committee has been hearing evidence from experts about why sales of electric vehicles are not meeting government targets.

Under the revised law, smaller farms under 10 hectares will be exempt from controls and penalties for noncompliance with some EU farming rules.

The Australian government delivered its federal budget on May 14 evening, which outlines the plan for the nation going forward.

Is this the future of Australia? Fat, flaccid, and foolish?

An expert said the scheme benefits wealthier homeowners, channelling taxpayers’ funds towards those who are already financially capable of upgrading.

Total interest payments will soar from $22.7 billion in the 2023-24 financial year to $35.6 billion in 2027-28.

A range of green energy initiatives will be funded followed the release of the official budget by Australian Treasurer Jim Chalmers.

The process to map the entire continent will take 35 years.

A boost to aged care workers’ salaries is among the $2.2 billion in announcements made for the sector in the 2024 federal budget.

The opposition, however, argues the budget ‘does nothing to help Australians get ahead and to restore their standard of living.’

This year’s Budget paves the way for an earlier election, should its assumptions prove accurate.

The Labor government is set to spend $215 billion more than it earns over the next five years.

About $6.2 billion will go into the initiative.

The quadrupled tariff aims to keep the excessive cheap Chinese EVs at bay and protect the U.S. auto industry.

While the figure is well below the $22.1 billion surplus in 2022-23, it marks the first back-to-back surplus in nearly two decades.