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Plan to bring forward tax cut reportedly dropped as federal budget looms

Plans to bring forward tax cuts for one earning group is reportedly set to be dropped - while other offsets could be introduced.

3 min read

Oil prices will remain elevated for sometime as tensions remain across Europe, Josh Frydenberg says.

New Zealand cutting fuel tax, bus fares

Jacinda Ardern says a "wicked perfect storm" is fueling energy price growth in New Zealand and has announced a tax cut to help struggling Kiwis.

2 min read

New Zealand is cutting fuel taxes and halving public transport fares.

Cost of living front of mind in upcoming federal budget, PM says

3 min read

Treasurer Josh Frydenberg and Prime Minister Scott Morrison during Question Time in the House of Representatives at Parliament House in Canberra, Thursday, May 27, 2021. (AAP Image/Mick Tsikas) NO ARCHIVING

Vic posts $10 billion first-half deficit

2 min read

Melbourne's second lengthy COVID-19 lockdown in 2021 had a major impact on the state's economy.

COVID CASH: Aussies forced into isolation to get new payment amid health splurge

3 min read

The McGowan government will spend $1.2 billion on a new public sector wages policy in WA.

Qld warns 'southern' property speculators

3 min read

Treasurer Cameron Dick has slashed Queensland's forecast deficit of $3.48b to $1.49b in 2021/22.