Economy

Federal Australian Treasurer Jim Chalmers

The Federal Budget – Newsreel style

By Steve Zeppa Treasurer Jim Chalmers delivered the Federal Budget last night. Here is what you need to know. “This is a Budget for the here and now and it’s a
Read more 15 May 2024
Two trillion dollar price tag to phase out coal burning - Newsreel

Massive price tag on phasing out coal burning

Phasing out coal to meet international climate targets would cost at least $US 2 trillion, a new assessment has concluded. Researchers at Chalmers University of
Read more 15 May 2024
Workers looking over housing plans

Housing commitments a ‘down payment’ on pressing need

More needs to be done to accelerate the response to the housing crisis, despite industry groups acknowledging some promising initiatives in last night’s Federal
Read more 15 May 2024
Workers installing solar panels. | Newsreel

Roadmap to a renewable future welcome

The energy and environment sectors today welcomed the Federal Government’s budget, as it charts a course to power past fossil fuels and heads towards
Read more 15 May 2024
Overseas tourists returning to Queensland - Newsreel

Overseas tourists return to Sunshine State

Queensland’s attraction for international tourists is showing signs of recovery after the dismal COVID-19 pandemic years. Overseas short-term visitor figures for March
Read more 14 May 2024
Man counting Australian $100 bills. | Newsreel

No plans for spending spree after tax cuts

Less than 10 percent of Australians plan to splurge the extra cash they will receive through the Stage 3 tax cuts. From July 1, taxpayers are expected to be between $350
Read more 14 May 2024
Blocks of units. | Newsreel

Budget billions for nation’s social housing needs

A multi-billion-dollar boost to social and crisis housing will be announced in Tuesday’s Federal Budget. A meeting of National Cabinet last week agreed on a
Read more 13 May 2024
Person set to smash piggy bank with hammer | Newsreel

Early superannuation access a trillion-dollar risk

Allowing Australians to access their superannuation to fund a house deposit could have a trillion-dollar impact on the economy, according to industry modelling. The
Read more 13 May 2024
Australian Institute of Sport in Canberra. | Newsreel

$250m boost to Brisbane 2032 pathway

The pathway for athletes hoping to compete at the Brisbane 2032 Olympic and Paralympic Games has been strengthened with a quarter of a billion-dollar makeover planned
Read more 10 May 2024
Globe hits 30 percent renewable threshold - Newsreel

Planet Earth hits major renewables milestone

Planet Earth has reached a major threshold point on renewable energy after achieving “astonishing” growth during 2023. Despite this, researchers are warning that
Read more 9 May 2024