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 boss of Mitsubishi Australia has warned carmakers may have no choice but to raise prices on some of the country’s most popular vehicles under the Albanese government’s proposed new emissions standards. Mitsubishi Australia chief executive Shaun Westcott said the Japanese manufacturer — which had two of the top 20Continue Reading
Beer lovers will face another cost-of-living blow next month when the tax on alcohol increases once again, meaning a pint could cost more than $15. The industry is putting renewed pressure on the federal government to freeze the excise and implement urgent reforms to ensure the viability of local manufacturing.Continue Reading
An Aussie landlord has been blasted by fellow investors after he asked for advice on whether his tenant was responsible for replacing a broken shower head. The homeowner posted in a private landlord group with a photo of the broken fitting asking whether the cost of fixing it was hisContinue Reading
An Aussie landlord has been taken down a peg by fellow property owners after complaining she is still being left “out of pocket”, despite raising the rent to the “higher end” of the current market value. The woman recently took to a landlord advice Facebook group to ask what factorsContinue Reading
The ousting of a “captain’s choice” minister. A tanking economy. Increasing international isolation. A chain of climate catastrophes. All have shifted the spotlight to Chairman Xi Jinping’s leadership. And how well he weathers the next few months depends on how effectively he has consolidated his vast power over the pastContinue Reading
In the 122 years since the individual colonies of Australia were federated into an independent nation, Australia has been consistently reliant on exports and the health of economy’s far beyond on our shores. In the early decades of Australia’s independence, it was wool and grain heading to Britain. Since theContinue Reading
The United Kingdom has blocked Microsoft’s $US69 billion ($104 billion) takeover of American video game giant Activision Blizzard, leaving the company’s ambitious plans for the industry in further turmoil. Britain’s Competition and Markets Authority, that nation’s rough equivalent to the Australian Competition and Consumer Commission, prevented the deal from goingContinue Reading
Legalising cannabis could generate $28 billion in taxes, according to the Parliamentary Budget Office, and allow the government to increase the dole by $80 a week. The Greens have commissioned the PBO to war game the revenue that could flow from legalisation, a path embraced by Canada, where marijuana canContinue Reading