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30 Apr 24
Multiple deaths and $13.6bn cost of offences highlighted as campaigners demand action
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4 Jan 24
Reliefs to mitigate the cost-of-living crisis will only be implemented if they do not stoke inflation, prime minister Anthony Albanese has said.
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21 Apr 23
The Australian government has announced major reform of the country’s central bank after criticism over its handling of inflation led to them carrying out a review.
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7 Feb 23
The Reserve Bank of Australia has lifted its main lending rates for the ninth successive time in a bid to bring inflation under control.
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7 Nov 22
An investigation into the fraudulent use of universal healthcare funding has been launched by the Australian government following “nine years of cuts and neglect”.
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26 Oct 22
The new Australian government’s first budget has been set out to “unwind wasteful or unnecessary spending” to help reduce the country’s national debt, which stands at $1trn (£560bn).
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21 Jul 22
The Australian government has launched a review to probe the mandate and objectives of the Reserve Bank of Australia following recent criticisms.
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1 Jul 22
Australia’s wealthy and resilient economy will continue to grow as the nation recovers from Covid-19, which ratings agency Moody’s has said is the key factor behind the country’s Aaa rating.
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8 Jun 22
The Reserve Bank of Australia has announced its highest interest rate rise in more than two decades in an attempt to rein in rampant inflation.
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12 May 22
More than 20 local authorities in Queensland, Australia failed to comply with internal audit and audit committee legislation, according to the state auditor.
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30 Mar 22
The Australian government has pledged close to £5bn in tax cuts and one-off payments in its budget to help offset the impact of rising inflation on the economy.
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30 Nov 21
The Australian government brought forward next year’s budget by two months in a move suggesting it will call an election in May, right at the end of its term limit.
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2 Nov 21
The Reserve Bank of Australia has abandoned the yield target policy it introduced at the start of the Covid-19 pandemic, recognising that a rate rise could come sooner than previously expected.
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11 Oct 21
The Australian Treasury has revealed it paid out $27bn (£14.6bn) in Covid-19 support payments to businesses that did not meet the criteria, but said it did not ask for the money back to protect the...
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1 Oct 21
New South Wales premier Gladys Berejiklian has resigned after corruption investigators announced they were looking into whether she had acted dishonestly regarding public grant funding.
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27 Aug 21
Australia’s Future Fund has reported a return of 22% - its highest ever - during the last fiscal year, with its portfolio ending up worth $197bn (£105bn).
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14 May 21
A robust rebound from the Covid-19 economic crisis has allowed Australia to present its 2021-22 budget in a far better position than it expected to.
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23 Apr 21
The Asian Development Bank launched two ‘gender bonds’ in Canadian and Australian markets, worth a combined $1.1bn, the first such issues for both nations.
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6 Oct 20
The next Australian budget will see the government take on record amounts of debt, with treasurer Josh Frydenberg saying he wants to support businesses to keep people in jobs during and after the...
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24 Jul 20
Australia’s budget deficit is expected to reach $185bn (£103bn) in the current financial year as the government battles against the health and economic crisis caused by coronavirus.
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30 Jun 20
The Australian government is making its largest ever investment in cyber security, through a commitment to spend more than $1bn over the next decade.
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22 May 20
Australia has halved the number of people’s wages it expects to subsidise as part of its Covid-19 economic rescue package, blaming reporting errors for the confusion.
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6 Jan 20
At least $2bn has been pledged to fight the bush fires ravaging Australia by the country’s prime minister Scott Morrison.
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13 Dec 19
Australia needs to push through fiscal reforms as its economic growth is not as strong as it could be, the IMF has said.
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12 Nov 19
The Australian states of New South Wales and Queensland have declared a state of emergency as firefighters battle spreading bushfires.
30 Apr 24Multiple deaths and $13.6bn cost of offences highlighted as campaigners demand action
4 Jan 24Reliefs to mitigate the cost-of-living crisis will only be implemented if they do not stoke inflation, prime minister Anthony Albanese has said.
21 Jul 22The Australian government has launched a review to probe the mandate and objectives of the Reserve Bank of Australia following recent criticisms.
1 Jul 22Australia’s wealthy and resilient economy will continue to grow as the nation recovers from Covid-19, which ratings agency Moody’s has said is the key factor behind the country’s Aaa rating.
12 May 22More than 20 local authorities in Queensland, Australia failed to comply with internal audit and audit committee legislation, according to the state auditor.
23 Apr 21The Asian Development Bank launched two ‘gender bonds’ in Canadian and Australian markets, worth a combined $1.1bn, the first such issues for both nations.
6 Oct 20The next Australian budget will see the government take on record amounts of debt, with treasurer Josh Frydenberg saying he wants to support businesses to keep people in jobs during and after the...
6 Jan 20At least $2bn has been pledged to fight the bush fires ravaging Australia by the country’s prime minister Scott Morrison.
