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Economic Policies
Economic Policies | LATEST STORIES
Inflation
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Chadwick Hagan
The Inflation Storm: Economic Challenges and Political Stakes in 2024
May 15, 2024
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Chadwick Hagan
9 hours
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UK News
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Chris Summers
Tax Cuts Could Boost Sluggish Demand for Electric Vehicles, Says Tech Boss
The Transport Select Committee has been hearing evidence from experts about why sales of electric vehicles are not meeting government targets.
May 15, 2024
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Chris Summers
13 hours
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Europe
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Ella Kietlinska
EU Gives Final Approval to Revised Farming Policies After Months of Protests
Under the revised law, smaller farms under 10 hectares will be exempt from controls and penalties for noncompliance with some EU farming rules.
May 15, 2024
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Ella Kietlinska
16 hours
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Australia News
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Monica O’Shea
Budget 2024: $76 Million for Global Climate Change Efforts, Including Bid for UN COP31
The Australian government delivered its federal budget on May 14 evening, which outlines the plan for the nation going forward.
May 14, 2024
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Monica O’Shea
May 14
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Viewpoints
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Graham Young
Opinion: A Triple 'F' Rating for This Federal Budget
Is this the future of Australia? Fat, flaccid, and foolish?
May 14, 2024
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Graham Young
May 14
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UK News
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Owen Evans
Government Spent £140 Million on Heat Pump Grants
An expert said the scheme benefits wealthier homeowners, channelling taxpayers’ funds towards those who are already financially capable of upgrading.
May 14, 2024
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Owen Evans
May 14
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Australia News
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Alfred Bui
Budget 2024: Interest Payments on Government Debt to Soar by 57 Percent in 4 Years
Total interest payments will soar from $22.7 billion in the 2023-24 financial year to $35.6 billion in 2027-28.
May 14, 2024
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Alfred Bui
May 14
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Australia News
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Crystal-Rose Jones
Budget 2024: Billions Poured into Making Australia a ‘Renewable Energy Superpower’
A range of green energy initiatives will be funded followed the release of the official budget by Australian Treasurer Jim Chalmers.
May 14, 2024
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Crystal-Rose Jones
May 14
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Australia News
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Rex Widerstrom
Budget 2024: $500 Million to Map the Entire Continent of Australia for Critical Minerals
The process to map the entire continent will take 35 years.
May 14, 2024
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Rex Widerstrom
May 14
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Australia News
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Crystal-Rose Jones
Budget 2024: Government to Fund Aged Care Worker Pay Increase
A boost to aged care workers’ salaries is among the $2.2 billion in announcements made for the sector in the 2024 federal budget.
May 14, 2024
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Crystal-Rose Jones
May 14
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Australia News
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Nina Nguyen
Budget 2024: Tax Cuts, $300 Household Energy Rebates Unveiled as Centrepieces
The opposition, however, argues the budget ‘does nothing to help Australians get ahead and to restore their standard of living.’
May 14, 2024
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Nina Nguyen
May 14
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Viewpoints
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Kevin Andrews
Opinion: Suppressing Fire Before an Early Election Call
This year’s Budget paves the way for an earlier election, should its assumptions prove accurate.
May 14, 2024
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Kevin Andrews
May 14
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Australia News
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Rex Widerstrom
Budget 2024: Government to Spend $215 Billion More Than it Earns Over the Next Five Years
The Labor government is set to spend $215 billion more than it earns over the next five years.
May 14, 2024
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Rex Widerstrom
May 14
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Economic Policies
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Crystal-Rose Jones
Budget 2024: Government Pledges to Build 1.2 Million New Homes in Five Years
About $6.2 billion will go into the initiative.
May 14, 2024
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Crystal-Rose Jones
May 14
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Business & Markets News
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Terri Wu
Biden Sharply Raises Tariffs on Chinese EVs, Steel, Solar Cells
The quadrupled tariff aims to keep the excessive cheap Chinese EVs at bay and protect the U.S. auto industry.
May 14, 2024
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Terri Wu
May 14
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Australia News
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Alfred Bui
Budget 2024: Australia Reports 2nd Surplus on the Back of Strong Commodity Prices
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.
May 13, 2024
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Alfred Bui
May 13
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US News
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Tom Ozimek
Goldman CEO Issues Warning as Interest Costs on America’s Ballooning Debt Exceed Spending on Defense, Medicare
‘We need to deal with the debt and the deficits,’ Goldman Sachs CEO David Solomon said.
May 13, 2024
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Tom Ozimek
May 13
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Australia News
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Celene Ignacio
Budget 2024: Labor to Expand Paid Parental Leave to Encourage Australians to Have More Children
The government also wants to pay superannuation guarantee on paid parental leave to help parents who choose to have more children.
May 13, 2024
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Celene Ignacio
May 13
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Australia News
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Nina Nguyen
Limiting International Student Number Will Dampen Australia’s Reputation: Education Group
International students were an invaluable asset to the Australian economy, tertiary representatives argued.
May 13, 2024
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Nina Nguyen
May 13
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Australia News
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Nina Nguyen
Budget 2024: Labor to Invest $288 Million into Rolling out the National Digital ID
The digital ID system will make cybersecurity ’simpler, safer, and more secure,' says Finance Minister Katy Gallagher.
May 13, 2024
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Nina Nguyen
May 13
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