The Albanese government’s proposed mandatory climate-related financial disclosure laws may be under threat from the Coalition and the Greens. The Coalition is pushing back against the proposed laws and have expressed concern the regime may cost the economy $2.3bn annually. While the Senate Economics Legislation Committee recommended the Treasury LawsContinue Reading

Treasurer Jim Chalmers has launched a personal spray against the opponents of his mooted mergers overhaul, suggesting his Coalition and Green counterparts know little about the economy. The changes, unveiled by Dr Chalmers on Wednesday, will bolster the powers of the Australian Competition and Consumer Commission (ACCC) by establishing aContinue Reading

A former Reserve Bank governor has slammed the government’s intention to remove a provision that allows the treasurer to override a decision from the central bank. The government has introduced legislation following last year’s Reserve Bank review to “modernise” the central bank, including a provision to remove section 11 ofContinue Reading