National Affairs

Deficit at risk of $101bn blowout

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Senate blockades could add $101 billion to federal deficits over the next decade, according to new figures.

Govt faces AMA campaign over Medicare

by AAP
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Australian Medical Association calls for government to lift indexation freeze on rebates.

How to engineer Australia's economy for the future

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The idea that the market is oversupplied with STEM graduates vastly underestimates the types of jobs needed to secure Australia's prosperous future.

Virgin boss rejects open skies plan

by AAP
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Borghetti criticises govt plan to allow foreign airlines to fly northern domestic routes.

The trouble with trading visas for investment

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How effective are migration schemes at attracting wealthy business people and investors?

Vetoes to add $101bn to deficit

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Parliamentary Budget Office forecasts show impact of Senate blocking on bottom line.

Small businesses back budget

by AAP
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Study shows 60% of small businesses back $5.5bn govt package, DBM Consultants says.

Abbott's reality show has trouble with the script

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The national agenda spun out of the government's control again this week as politicians fudged their lines and lost track of the plot.

The Coalition's welfare reforms miss the mark

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The Abbott Government should put more emphasis on creating new jobs rather than cutting off payments to those who can’t find one.

The Coalition must not shutter the shipbuilding industry

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The shipbuilding industry has long been criticised for its inefficiencies, but there are ways to remedy this without shutting the industry down.

Iron ore drop cuts Rinehart fortune

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Mining magnate tops BRW Rich List for fifth year but wealth falls $6bn on price slump.

Tasmania plans surplus in two years

by AAP
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Tasmanian budget says growing GST revenue puts it on track for surplus in 2016-17.

Norway set to divest coal holdings

by AFP
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Norway's €835bn sovereign wealth fund should sell stakes in companies with coal exposure, committee says.

Stevedores fight Port Melb rent gains

by AAP
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Vic Treasurer says company should consider a deal on Melbourne Port rents before 50-year leasing.

Labor is at war with itself

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Proposed electoral system changes have drawn support, except from ALP senators.

Aust competitiveness slipping: study

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Nation drops another place on global competitiveness index, clings to spot in top 20.

Tax cuts head to parliament

by AAP
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Laws to put in place tax breaks for small business are set to go to parliament.

Boost pension loan scheme: senators

by AAP
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Federal government urged to allow age pensioners to borrow against their homes.

Sinodinos calls for broader GST

by AAP
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Former assistant treasurer says small changes to the tax would not be useful.

RBA backs APRA on property rules

by AAP
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RBA says there's no need for NZ-style property action to keep lid on market boom.

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