Australia's latest jobless figures are likely to follow a trend for the year's start after economists were wrong-footed by a surprise fall in unemployment.
Workers have seen their pay levels go backwards compared with inflation for the first time since late 2023, unless they’re a public servant. Labor’s election promise to get wages moving again is looking hollow.
James Paterson described Angus Taylor as the ‘smartest policy brain in the shadow cabinet’. His tilt for Sussan Ley’s top job is expected to play out on Friday morning.
Australia’s central bank chief Michele Bullock tried to shut down questioning at a tense Senate committee appearance where a Liberal senator likened her to a social media influencer.
Angus Taylor has quit the shadow ministry, declaring he no longer has faith in Sussan Ley’s leadership of the Liberal Party — but stopping short of directly challenging for her job.
Treasury secretary Jenny Wilkinson has revealed her department has spent the past year modelling changes to the 50 per cent capital gains tax discount.
Progressive protesters have marred the visit of Israel’s President Isaac Herzog, despite his status as a left-wing figure who has called for an end to violence against gays.