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Australia News
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Monica O’Shea
Dutton Pledges to Lower the Home Loan Borrowing Buffer
Michael Sukkar said research shows nearly 40 percent of first-home buyers fail to secure finance due to serviceability buffers.
Apr 01, 2025
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Monica O’Shea
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6 hours
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Australian Politics News
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Naziya Alvi Rahman
RBA Holds Interest Rates Steady Ahead of Federal Election
RBA holds rates steady, citing inflation risks, global uncertainty, and tight labour markets despite easing price pressures and recovering demand.
Apr 01, 2025
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Naziya Alvi Rahman
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24 hours
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Australia News
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Alfred Bui
Albanese Officially Calls Federal Election For May 3
The prime minister said his campaign would focus on ‘hope and optimism.’
Mar 27, 2025
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Alfred Bui
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Mar 27
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Cost of Living
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Crystal-Rose Jones
Opposition Promises to Halve Fuel Excise for a Year If Elected
Opposition Leader Peter Dutton says he would cut the fuel excise by half as a cost-of-living measure should he win the 2025 election.
Mar 26, 2025
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Crystal-Rose Jones
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Mar 26
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Cost of Living
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Rex Widerstrom
Jeans West to Shut All 90 Stores in Latest Casualty of Australia’s Retail Crisis
The iconic casual fashion retailer is the latest to close its stores amid mounting pressure, though its online store will continue to operate.
Mar 26, 2025
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Rex Widerstrom
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Mar 26
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Australia News
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Monica O’Shea
Budget 2025: $178 Million For ‘Social Cohesion’ Including Palestine, Refugee Funding
Measures include support for Palestine, refugees, the Australian-African community, and the Adass Israel Synagogue which was firebombed in late 2024.
Mar 26, 2025
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Monica O’Shea
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Mar 26
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Australia News
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Alfred Bui
Budget 2025: $4.3 Billion for New Net Zero Measures Across Next 3 Years
The lion’s share of the funding will go toward reducing emissions in Australia’s energy system and the broader economy.
Mar 26, 2025
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Alfred Bui
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Mar 26
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Australia News
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Naziya Alvi Rahman
Labor’s Tax Cuts Pass Lower House, Now Set for Senate Debate
The surprise tax cut lowers the 16 percent tax rate to 14 percent in two years.
Mar 26, 2025
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Naziya Alvi Rahman
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Mar 26
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Australia News
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Alfred Bui
Budget 2025: Nearly $7 Million to Protect Agriculture Exports Amid Trump Tariff Fears
The government said the investment will provide job security for regional and remote communities that rely on agriculture.
Mar 26, 2025
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Alfred Bui
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Mar 26
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Australia News
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Naziya Alvi Rahman
Budget 2025: A Dose of Painkillers, but No Major Surgery—Experts Critique Federal Budget
Experts argue the budget fails to tackle critical structural issues such as productivity, inflation, and corporate tax policy.
Mar 25, 2025
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Naziya Alvi Rahman
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Mar 25
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Cost of Living
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Crystal-Rose Jones
Budget 2025: From 16 to 14 Percent—Labor Unveils New Tax Cuts in Time for Election
Treasurer Jim Chalmers also announced a crackdown on non-compete clauses to free up low-middle income workers.
Mar 25, 2025
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Crystal-Rose Jones
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Mar 25
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Australia News
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Monica O’Shea
Budget 2025: Shadow Treasurer Urges Long-Term Focus as Budget Deficit Nears $47 Billion
This will be Labor’s fourth budget this term.
Mar 25, 2025
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Monica O’Shea
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Mar 25
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Australian Politics News
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Naziya Alvi Rahman
NSW Bans No-Grounds Evictions, Eases Pet Rules in Major Rental Overhaul
NSW joins other states, including the ACT and South Australia, in banning no-grounds evictions for both periodic and fixed-term tenancies.
Mar 24, 2025
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Naziya Alvi Rahman
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Mar 24
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Australia News
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Crystal-Rose Jones
Budget 2025: Australian Treasurer Says Budget to Focus on Resilience Amid US Trade Tensions
With Australia’s latest budget about to be handed down, one word seems to be dominating messaging—resilience.
Mar 24, 2025
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Crystal-Rose Jones
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Mar 24
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Australia News
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Naziya Alvi Rahman
$150 Power Bill Relief: Labor’s $1.8 Billion Pitch to Voters
Every household and one million businesses will get $150 in energy rebates from July, if Labor secures re-election.
Mar 24, 2025
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Naziya Alvi Rahman
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Mar 24
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Cost of Living
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Crystal-Rose Jones
Average Australian Needs to Earn Over $130,000 a Year to Rent a Typical Home Without Stress: Report
The start reality of renting in Australia has been laid bare as new data sheds light on a glaring lack of affordability.
Mar 23, 2025
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Crystal-Rose Jones
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Mar 23
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Australia News
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Naziya Alvi Rahman
ALDI, Coles, and Woolworths Among the Most Profitable Supermarkets Globally: ACCC
ACCC says the likelihood of larger chains making a big splash in Australia are slim, recommending smaller players be given more support.
Mar 21, 2025
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Naziya Alvi Rahman
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Mar 21
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Australia News
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Rex Widerstrom
A Tale of 2 Countries: Rents Soar in Australia, as Landlords Fight for Tenants in New Zealand
The Property Council says many Australian cities are heading for a rental crisis, while landlords in New Zealand’s largest city are offering sign-up incentives.
Mar 17, 2025
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Rex Widerstrom
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Mar 17
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Cost of Living
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Crystal-Rose Jones
Housing Taxes and Fees Surge, Adding Hundreds of Thousands to The Price of New Homes
Some home buyers are paying up to half the cost of a house and land package in government taxes and fees, as high charges add to the housing crisis.
Mar 17, 2025
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Crystal-Rose Jones
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Mar 17
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Social Issues
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Rex Widerstrom
Australia’s Renters: The Second Most Insecure in the OECD
80 percent of Australia’s renters moved in the past 5 years, more than any other country except Iceland.
Mar 17, 2025
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Rex Widerstrom
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Mar 17
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