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Is the 2024 budget inflationary? Warwick McKibbin and other economists say ‘yes’

Former RBA board member among experts who say Albanese government’s third budget is likely to at least delay next interest rate cutFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe Albanese government has “rolled the dice” on the economy and its third budget is likely to...

Wed May 15, 2024 10:33
Afternoon Update: federal budget hits and misses; controversial statue toppled; and the rise and fall of Ashley Madison

Want to get this in your inbox every weekday? Sign up for the Afternoon Update here, and start your day with our Morning Mail newsletterWelcome, readers, to Afternoon Update.The fallout from the federal budget continued on Wednesday, with the Coalition assuring voters it would pass the $300 energy rebate despite concerns it was not means tested. The...

Wed May 15, 2024 10:33
David Pocock says 2024 federal budget has 'gaping hole at its heart' – video

Independent senator David Pocock says without an increase to jobseeker, youth allowance, Austudy or 'any other income support payment', the 2024 federal budget leaves 'three million people in poverty'. 'We have the expert advice that lifting this would not add to inflation and yet despite having a surplus the Labor government, who told us that they...

Wed May 15, 2024 10:03
Is Jim’s budget 'surplus' performative fiddling while people need help or is it a steady hand on the economic tiller? | First Dog on the Moon

We may never knowSign up here to get an email whenever First Dog cartoons are publishedGet all your needs met at the First Dog shop if what you need is First Dog merchandise and prints Continue reading...

Wed May 15, 2024 09:33
Victorian parliament deems keffiyeh ‘political’ as it bans MPs from wearing it

Ban comes after Greens MPs wore the scarf that’s long been a symbol for the struggle for a Palestinian stateVictoria’s parliament has become one of few in the world to ban MPs from wearing the keffiyeh, the scarf that has been linked to the struggle for a Palestinian state for decades.The president of the upper house, Shaun Leane, and the lower house...

Wed May 15, 2024 08:33
Labor urged to increase uni research spending as budget offers boost to student unions and safety

Albanese government’s spending hailed by student safety advocates as a ‘huge step’ in holding sector accountable for student welfareFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastA $38m budget commitment for a student ombudsman, a boost to student unions and a code to respond...

Wed May 15, 2024 08:05

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