The Opposition Leader, Peter Dutton, has responded to the Prime Minister’s Press Club appearance today.
The rhetoric could charitably be described as over-the-top:
The Prime Minister, Anthony Albanese, has defended the changes the government has made to the Stage 3 tax cuts.
In an address to the National Press Club, Albanese confirmed that the tax system will remain progressive with the reintroduction of the 37% tax scale. Whereas the Stage 3 cuts excluded people on lower incomes, all taxpayers will now receive a tax cut from July 1, but those on higher incomes have had their cut reduced.
The former prime minister, Scott Morrison, has announced that he will retire from parliament at the end of February.
Morrison made the announcement in a statement posted on Facebook. He said he would “take on new challenges in the global corporate sector and spend more time with my family.”
The libertarian economist and newly-elected President of Argentina, Javier Milei, has delivered a strident defence of capitalism at the World Economic Forum in Davos, Switzerland.
This is the official timetable of key dates for the Dunkley by-election on March 2, 2024.
The dates show the election is being conducted within the minimum timeframe whereby polling day must be no less than 33 days from the issue of the writ.
2024 Dunkley By-Election Timetable
Event
Date
Explanation
The International Monetary Fund (IMF) has issued a “country report” on the Australian economy, warning that growth is weakening and inflation remains persistently high.
As 2024 starts, a reminder that across the nine federal, state and territory jurisdictions, there are eight Labor governments.
Current Australian Heads of Government & Opposition Leaders – from December 21, 2024
No.
Jurisdiction
PM/Premier/
Chief Minister
Age
Party
Since
Opposition Leader
Age
Party
Since
1.
AUSTRALIA
Anthony Albanese
62
ALP
23.05.2022
On the eve of the third anniversary of the January 6, 2021, Capitol Hill insurrection, President Joe Biden has made a swingeing attack on his putative Republican opponent in this year’s election, former President Donald Trump.
Speaking in Valley Forge, Pennsylvania, Biden told his audience: “Democracy is on the ballot. Freedom is on the ballot.”
Watch Biden’s speech (33m):
It is time to review the year in digital technology. Oh, what fun! As with prior reviews, we will arrange this review like an award ceremony.
There are three criteria for an award:
Among the seemingly endless coverage of Queen Elizabeth II dying at age 96 in Balmoral, Scotland, a legal fact gets lost: this event generates exactly zero change in law. There are non-law implications – historical, cultural, symbolic, administrative – but not legal change.
Homeowners will face mortgage rates near 5.5% in a little over a year, according to a survey of 22 leading Australian economists.
The Conversation’s 2022-23 forecasting survey predicts an increase in the Reserve Bank’s cash rate from its present 0.85% to a peak of 3.1% by next August.
Census data to be released Tuesday shows Australia changing rapidly before COVID, gaining an extra one million residents from overseas in the past five years, almost all of them in the three years before borders were closed.
For the first time since the question has been asked in the census, more than half of Australia’s residents (51.5%) report being either born overseas or having an overseas-born parent.
More than one quarter of the one million new arrivals have come from India or Nepal.
The really bizarre thing about calls for a UK-style windfall profits tax on gas is that Australia’s already got one.
By lifting its cash rate by 0.5 points, from 0.35% to 0.85%, the Reserve Bank has added about another $120 per month in payments for a A$500,000 mortgage.
If financial markets are to be believed, by the end of this year it will have added a total of $800 per month – and, by the end of next year, a total approaching $1,000 per month.