Jim Chalmers says next month’s budget will be underpinned by “five pressures” on Australia’s economy. In a discussion with other G20 finance ministers in Washington overnight, the Treasurer laid bare the fine line Australia had to walk as it sought to grow, while the economy slowed. He said five globalContinue Reading
Beijing has warned Australia to “be careful” against acting on its “unwarranted anxieties toward China”, questioning how relations can improve while Canberra accuses it of coercion. In an opinion piece by Chinese government mouthpiece the Global Times, Beijing lamented that despite a significant thawing in the bilateral relationship, Australia’s newlyContinue Reading
The Albanese government has doubled down on its attempts to push back against China’s chokehold on the critical minerals supply chain, announcing it will pour $585m of taxpayer funds into projects producing key inputs for batteries, renewables and electric cars. Queensland-based Alpha Hpa, which specialises in the production of ultra-highContinue Reading
Australia is expected to lag behind its peers in reducing inflation and boosting economic growth, the International Monetary Fund has warned, as Treasurer Jim Chalmers prepares to attend a a series of high-level talks in Washington. With less than a month until the May budget, Dr Chalmers will leave theContinue Reading
Proposed green manufacturing subsidies will not be a “free for all”, Treasurer Jim Chalmers says, as the Albanese government faces criticism over the policy by its own hand–picked Productivity Commission boss. On Friday, Danielle Wood, an ex-Grattan Institute chief who now serves as the government’s chief productivity adviser, joined economistsContinue Reading
Australia, the United Kingdom and the United States are considering working with Japan on future AUKUS projects, the three countries have confirmed in news that will “gravely concern” China. Stopping short of announcing a formal expansion of the trilateral partnership, Defence Minister Richard Marles and his AUKUS counterparts said inContinue Reading
A US woman has shared her “satisfaction” after getting the ultimate revenge on her “cheating” ex-boyfriend. Ashley VanPevenage, from Washington, decided to take matters into her own hands when she allegedly “caught him” doing the dirty by entering his home and damaging his property. In the clip, Ms VanPevenage canContinue Reading
An angry crossbench delayed question time, calling a division over the Albanese government’s surprise new migration Bill. Immigration Minister Andrew Giles brought on the last minute legislation on Tuesday which the Greens have slammed as an alternative pathway to indefinite detention. Mr Giles later sought to allay fears the immigrationContinue Reading
The Albanese government must urgently guardrail its strategic interests to avoid falling victim to Donald Trump’s “unpredictability” if he successfully retakes power at the end of 2024, a former Turnbull advisor has cautioned. Donald Trump officially launched his bid for a second presidential term after he clinched the Republican Party’sContinue Reading
One man’s trash may be another man’s treasure — but sometimes that treasure turns out to be a gown designed by none other than Jacqueline Kennedy’s personal dressmaker. Kansas Michalke, a content creator and mother-of-two in Austin, Texas, said she always had a knack for finding hidden gems while thrifting.Continue Reading