One of the biggest problems of the scheme is unofficial rorting by parents of children diagnosed with mild autism spectrum disorders who are abusing the system to secure benefits that simply aren’t justified.
The Reserve Bank’s deputy governor Andrew Hauser has warned Australia faces an inflation shock like the 1970s as a result of the Middle East oil crisis that will make the country poorer.
Australia’s unemployment rate remained steady at 4.3 per cent in March - the first full month of the Iran war - making an interest rate rise next month more likely. LNG-rich Queensland saw jobless rate plunge.
A former US marine pilot accused of unlawfully training Chinese military personnel is set to be extradited from Australia after a years-long legal battle.
AARON PATRICK: The closure of most of Australia’s oil refineries over the past two decades left the economy dangerously exposed to a disaster like the one that hit Wednesday night.
Viva Energy Australia’s chief executive says production is no longer a priority after an enormous blaze hits Australia’s most critical oil refinery amid the global fuel crisis.
Energy Minister Chris Bowen has confirmed petrol production has been affected after a blaze tore through one of Australia’s only remaining oil refineries.
Australia should be an example to the Asia-Pacific of how to manage the energy shock. Instead, what was one of the world’s wealthiest countries a century ago looks like an economic has-been.