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Albanese calls 3 May election on the heels of Dutton’s budget in reply
Prime Minister Anthony Albanese has called a federal election for 3 May, seeking to capitalise on Labor’s recent budget, just hours after Peter Dutton outlined his economic plan and accused the government of fuelling inflation through excessive spending.
AMP clarifies position on employee surveillance, FSU hails it as a win
The FSU has branded AMP’s confirmation that it will not use surveillance and monitoring on employees in their homes a “win” for the union.
AUTHOR
Maja Garaca Djurdjevic
Industry says CPI print to disappoint April rate cut hopefuls
While Australia’s disinflation process remains on track, market experts see the RBA keeping rates unchanged at next week’s meeting.
AUTHOR
Jessica Penny
Budget: Black, white, and missing the mark on key issues
In a budget that left economists scratching their heads, the government made a firm commitment to the welfare of two very important Australians: Xing Qiu and Yi Lan, Adelaide Zoo’s resident giant pandas.
AUTHOR
Maja Garaca Djurdjevic
AustralianSuper off-loads WiseTech stake amid scandal
Australia’s largest super fund, AustralianSuper, has divested its stake in WiseTech Global, citing concerns over the company’s governance and management, which failed to meet the fund’s expectations.
AUTHOR
Jessica Penny
Super sector welcomes stability but flags missed opportunities
While the superannuation sector has welcomed stability in super settings, statements following Tuesday’s budget announcement indicate there are areas the sector believes the budget fell short.
AUTHOR
Maja Garaca Djurdjevic
Labor’s election pitch: Tax cuts, defence spending, and long-term productivity
Treasurer Jim Chalmers' fourth budget revealed a $207 billion fiscal turnaround, with tax receipts, superannuation revenue, and debt reduction playing key roles.
AUTHOR
Maja Garaca Djurdjevic
Budget to spark pre-election ‘spendathon’
The federal budget being delivered tonight is shaping up to be a “spendathon ahead of the election”, according to AMP’s Shane Oliver, with much of the new spending already announced and likely to be matched by the Coalition.
AUTHOR
Maja Garaca Djurdjevic
Investment and policy backing drive China’s tech ambitions
China’s technology sector is emerging as a powerhouse, with renewed investment and policy support propelling it to compete with global leaders.
AUTHOR
Jessica Penny
Super funds ramp up offshore equities, raising contagion concerns
Australia’s rapidly expanding superannuation sector is shifting its investment strategy, with fresh data revealing a significant increase in offshore equity allocations.
AUTHOR
Maja Garaca Djurdjevic
