It would “not be in the public interest” to release modelling showing how much car prices would increase under proposed new carbon emissions standards, the Albanese government has told parliament. Carmakers, industry experts and the federal opposition have warned that motorists can expect to pay up to $13,000 more forContinue Reading
The federal government will crack down on student visas and “visa hopping”, while making it easier for highly skilled migrants to work in Australia, as part of a major overhaul to fix the “broken” migration system. The government will release the long-awaited migration strategy on Monday, outlining plans to reduceContinue Reading
A “commuter tax” slapped on Sydney’s eastern suburbs has been slammed by the treasurer as being “unfair and unsustainable”, amid calls to sort out growing house prices in Australia’s most expensive city. The swipe at continuing development in Sydney’s outer suburbs as NSW Treasurer Daniel Mookhey said the unfair scenarioContinue Reading
Climate change could force tradies to stop working during the hottest parts of the day, leading to millions of hours in lost productivity and stripping up to $423bn from the budget from over the next four decades. The “acute” and “chronic” impacts of climate change on Australia’s economy over theContinue Reading
The number of people set to call Australia home is about to soar, with new government forecasts predicting the nation’s population will jump by 900,000 people by the end of June, 2025. In addition to the thousands of births that will occur, 650,000 migrants are anticipated to arrive in theContinue Reading
The “perfect storm” that wreaked havoc on Australia’s construction industry is showing signs of easing, but the sector’s top body still predicts a tough road ahead. There was a 5.2 per cent drop in the construction of new homes over the September quarter — down 21.2 per cent since SeptemberContinue Reading