Ronald Mizen

A forecast slump in commodities exports to China has sparked the first downward revision to company tax receipts since the COVID-19 pandemic and will worsen the budget bottom line by $8.5 billion over the next four years.

A key architect of the looming Reserve Bank of Australia overhaul has emerged as a frontrunner to join its new interest rate-setting board as the Coalition gears up for a stoush with Labor over the appointees.

The Australian Securities and Investments Commission claims customers of bank lost an average of $90,000 in activity that was mostly related to scams.

The corporate regulator has begun legal action against HSBC Australia for allegedly failing to respond swiftly to almost 1000 reports of suspicious

Communications Minister Michelle Rowland will also seek to make law the five-year funding agreements Labor committed to at the 2022 election.

Treasury estimates foregone taxes from the capital gains tax discount in 2024-25 have more than doubled since the last estimate in February 2023.

For a taste of the frozen continent made legend by names such as Scott, Amundsen, Shackleton and Mawson, you have to venture into its heart.

The policy shift comes after The Australian Financial Review revealed poker machine giants Aristocrat and Ainsworth Game Technology were big users of the scheme.

According to a recently launched coalition of business groups, unions and community organisations, more than 620,000 permanent migrants work below their skill levels and qualifications.

Under Labor’s new plan, visa applications for overseas students would be put on a go-slow once their intended university hits 80 per cent of its proposed cap.