Treasurer Scott Morrison says his mid-year budget review will show the Turnbull government is continuing to deliver on "prudent and responsible" economic management. The mid-year economic and fiscal outlook will be released just after midday on Monday and will show government debt $23 billion
Scott Morrison looks set to round off a positive final few weeks of the year for the Turnbull government when he hands down his budget update. Economists expect the 2017/18 budget deficit could be about $3 billion smaller at some $26 billion for the 2017/18 financial year compared to the $29.4 billion
Deputy Queensland Premier Jackie Trad will perform her first official duty as the state's new treasurer when she unveils the government's mid-year budget update. The government in June forecast a $146 million surplus for the 2017-18 financial year after posting a massive $2.8 billion surplus
Australia Post has never delivered as many parcels in one day as it is about to. Australia Post Group chief operating officer Bob Black says pre-Christmas online shopping has helped fuel a spike in parcel deliveries since early October. Online shopping festivals such as Click Frenzy and Black Friday
CHALLENGES FACING SCOTT MORRISON'S BUDGET 1) DEFICITS: Economists expect the Turnbull government will be able to boast a further improvement in the budget position and keep to the promise of a surplus ...
New Queensland Treasurer Jackie Trad has defended her government's planned "Robin Hood" property tax ahead of her first budget update on Monday. Ms Trad dismissed claims from the Property Council ...
Treasurer Scott Morrison is expected to reveal an improved budget bottom line when he hands down his mid-year review on Monday, gaining a revenue windfall from a buoyant jobs market. Economists expect the 2017/18 budget deficit could be about $3 billion smaller at some $26 billion for the 2017/18 financial
The Australian share market is expected to start the week higher, buoyed by a strong lead from Wall Street and a win for the Liberal Party's John Alexander in the crucial Bennelong by-election. AMP Capital chief economist Shane Oliver says the benchmark S&P/ASX200 is likely to gain at least 25 points
US President Donald Trump has defended the Republican tax cut as a good deal for the middle class while boldly suggesting it could lead to explosive economic growth. The legislation, which the Republicans aim to muscle through congress next week, would lower taxes on the richest Americans. Benefits
Michael Caton's character from iconic Australian film The Castle is no stranger to fighting unwanted development and now the actor is throwing his support behind a slice of Melbourne heritage. The popular screen star is just one of many big names who are making noise in protest of redevelopment
As thousands of Queenslanders take to the roads for Christmas breaks, drivers are being urged to look around for good fuel deals and watch out for price-gouging retailers. Australian Competition and Consumer Commission chairman Rod Sims says Brisbane's petrol market is "appalling", with
The number of Chinese companies listing on the Australian share market continues to grow, but they need to work hard to get investor attention. Six Chinese companies had listed on the Australian share market during 2017 by the end of November, bringing the total to 55. The Chinese companies listed
Bitcoin has blasted to another all-time high of just over $US17,750 ($A24,850), up 8 per cent on opening, as concerns grow over the risks of investing in the highly volatile and speculative instrument. The cryptocurrency's staggering price rises - more than 1700 per cent since the start of the year
Shares in Crown Resorts have soared after the casino operator announced a string of asset sales that could deliver a windfall of nearly $700 million. The sales include two floors of its luxury Crown Sydney complex at Barangaroo to its largest shareholder, billionaire James Packer. The casino operator
The Australian share market has closed lower, driven by falls in banking and utilities stocks. The benchmark S&P/ASX200 stock index closed down 14.3 points, or 0.24 per cent, at 5,997 points. Morgans senior ...