Business + Economy – Research and News

Displaying 1 - 25 of 281 results

Scott Morrison made it clear that any improvement in commodity prices or wages growth would be used for budget repair. Mick Tsikas/AAP

Scott Morrison says budget will remember the renters

The proposed housing affordability package in the May budget will target people relying on social housing as well as those trying to break into the market.
Prime Minister Malcolm Turnbull used part of his address to the national press club to sell the company tax cut. Mick Tsikas/AAP

What economists and tax experts think of the company tax cut

The federal government is still trying to convince senate crossbenchers to pass a company tax cut but tax experts and economists dispute all of its supposed benefits.
Scott Morrison and Mathias Cormann speak to the media after the release of MYEFO in Canberra on Monday. Lukas Coch/AAP

AAA rating saved despite bigger deficits in budget update

The government has made a concerted bid to reinforce Australia's AAA credit credentials by ensuring the budget is still projected to return to surplus in 2020-21.
Scott Morrison said the quarter’s weakness was broad based but the dominant cause of the contraction was the decline of 3.2% in new business investment. Lukas Coch/AAP

Government calls for co-operation after hit with negative growth figure

After the national accounts showed the economy going backwards in the September quarter, Scott Morrison called for "partners" in the parliament to drive the government's economic plan through.
Kelly O'Dwyer said legislation would be introduced into parliament this year to mandate professional standards for advisers. Mick Tsikas/AAP

Slow start to new standards requirements for financial advisers

The large banks and AMP will be required to fund the establishment of a new independent body to oversee the professional standing of the much-criticised financial services industry.
Gina Rinehart is very close to Deputy Prime Minister Barnaby Joyce, who has been a critic of the Chinese push for Australian land. Paul Millar/AAP Image

Morrison to rule on Hancock-Chinese bid for Kidman cattle empire

Gina Rinehart has partnered with a Chinese company to buy the giant Kidman pastoral empire, after two previous bids by Chinese buyers were rejected by the federal government.
Barnaby Joyce recently said a resolution of the backpacker tax issue was imminent. Dan Peled/AAP

Backpacker tax due to go to cabinet

Federal cabinet on Tuesday is due to consider a compromise on the backpacker tax, as the government moves to clear away the issue as soon as possible.
Scott Morrison said the Moody’s affirmation was a ‘welcome boost’. Mick Tsikas/AAP

Australia’s AAA rating affirmed by Moody’s

Moody's has reaffirmed Australia's AAA credit rating, as Malcolm Turnbull seeks to put pressure on Labor and crossbenchers to pass measures to help repair the budget.
Treasurer Scott Morrison blocked the sale of the Ausgrid lease on national security grounds. Mick Tsikas/AAP

Morrison blocks Chinese bids for NSW power grid

Scott Morrison has rejected Chinese bids for the 99-year lease of 50.4% of Ausgrid, the NSW electricity distribution system, for security reasons.