Former treasury secretary John Fraser has called for sweeping cuts across the public service and the $56 billion National Disability Insurance Scheme.
Tensions between the prime minister and the treasurer have been exacerbated by the worsening inflation outlook and the government’s inability to land the budget.
The December budget update will test Labor’s appetite to confront its spending addiction and the PM’s willingness to give Chalmers the political backing to do so
Readers’ letters on political co-operation, AI alarmism, wasteful spending, renewable generation and Labor’s fall from grace.
It has become blindingly obvious in recent weeks that all is not well between the treasurer and the prime minister.
The government’s largest proposed budget savings have come from cutting consultants and reining in cost blowouts, not real savings, say economists.
While the PM still has time on his side to wait for global inflation pressures to subside, Labor state premiers facing imminent electoral tests don’t have that luxury.
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National Reconstruction Fund boss David Gall acknowledged the changes would force the taxpayer-backed fund to reassess existing investments.
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Wednesday’s September quarter inflation figures will be pivotal in determining whether the RBA board is forced to raise the cash rate when it meets next week.
Big business and providers urge Labor to cut NDIS red tape by 25pc and ditch hourly billing, warning outdated pricing and tech threaten the $50bn scheme’s future.
The Coalition has unveiled $31 billion in costed cuts to climate, housing and industry programs as attention focuses on inflation ahead of the next RBA meeting.
There needs to be a clear explanation of what Australians get out of data centres otherwise the rhetoric from activists can start to make us a questionable place to invest.
The Greens have a $350 million price for their support of Treasurer Jim Chalmers’ legislation to overhaul the R&D scheme when parliament returns this week.
Retail super products designed to minimise member balances and unlock aged pension entitlements could be at risk from a review.
The number of businesses failing to pay their taxes has surged 21 per cent as a tough economy squeezes cash flows and the ATO aggressively pursues overdue debts.
The government’s deregulation efforts come as inflation and interest rate pressures strain global fiscal debt and the government’s own economic forecasts.
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With the nation’s economic, political, cultural and civil exceptionalism shattered, major effort is needed to prevent Kevin Rudd’s warning of a “second-rate country” coming true.
