The Albanese Government needs to fast-track gas supply to make its east coast gas reservation policy meaningful, according to Australia’s peak group for energy producers.
Australian household spending is tipped to soar over the festive period. But experts are sounding the alarm on what this could mean for interest rates ahead of the Reserve Bank meeting in February.
A major tax shake-up proposed by the Productivity Commission would slash bills for the majority of Australian businesses but has attracted criticism from the big end of town.
Jim Chalmers has been accused of rushing his contentious superannuation reforms, with an industry body warning the short consultation period ‘makes it difficult to identify unintended consequences’.
A third of ANZ shareholders have voted against its remuneration report, making it the first Big Four bank since Westpac in 2019 to suffer a second strike. New CEO Nuno Matos is forgoing short-term bonuses.
A damning report into an outage at Optus — which cut off access to triple-0 services and was linked to two deaths — has exposed a raft of internal problems at the telco.