Yesterday
EV tax break to roll on as sales soar
The Albanese government is reconsidering plans to scale back the $1.3 billion-a-year fringe benefits tax exemption for electric vehicles.
Fuel supply now guaranteed until May, after which uncertainty looms
The prime minister says there will be a nationally consistent response to the fuel crisis and not a rerun of the COVID-19 fiasco where states went their own ways.
This Month
Ignored warnings about fuel security have left Australia vulnerable
It’s not as though we haven’t been warned before – since in 2012 there have been warnings about the nation’s fuel reserves.
‘Needless secrecy’: Government resolves to be upfront over fuel crisis
National cabinet will meet next Monday to discuss the crisis, amid some internal frustration over the government’s tone and messaging to date.
Australians suffering because of Trump’s war, says Hastie
Given the conflict’s impact here, Andrew Hastie says voters should consider One Nation’s loyalty to the US president when considering a vote for Pauline Hanson.
PM urged to apply key COVID lesson to manage fuel crisis
Business is urging the Albanese government to take full charge of the response to the fuel crisis to avoid a repeat of the splintered response to the pandemic.
‘We hate surprises’: Japan warns against new gas tax
The Asian nation’s ambassador has warned that the imposition of a windfall tax on LNG exports may deter investors.
Chalmers warns CEOs against premature optimism on Middle East peace
The treasurer says the degree of damage Australia sustains depends on how long the war lasts and how quickly the global economy rebounds afterwards.
Twiggy and BHP lock horns over diesel excise rebate
BHP has warned against pushing too quickly to decarbonise the mining industry, given the realities of the international oil shock.
‘We need you’: PM buries hatchet with mining industry
Anthony Albanese says Labor and miners need to set aside their differences and help Australia emerge stronger from the oil shock and unrest in the Middle East.
One Nation hypocrisy over preferences favours Labor: Canavan
While the SA Liberals directed their preferences to One Nation, the rising minor party made a virtue of not playing ball and instead issued an open ticket.
Earthquakes and landmines as One Nation stamps feet in South Australia
Pauline Hanson’s party is far from world domination in terms of seats won in the state election, but its influence on politics is now real.
One Nation believes it has already won the South Australian election
The party believes even if it doesn’t win a seat, it has already won by establishing a footprint in the state and getting inside the premier’s head.
Gas tax on the agenda as war prompts budget rethink
Proceeds from a new levy on gas giants could be used to help Australians cope with any spike in energy prices caused by the Iran conflict.
Will the PM let Chalmers get serious about budget repair?
Four years ago, the Treasurer made a political virtue out of outspending. Now he’s looking to make “substantial savings”.
Albanese urges US to end war as petrol fears grow
The effective withdrawal of support for the conflict came as the government warned domestic fuel supplies could not be guaranteed from the middle of next month.
Chalmers pledges substantial savings, Treasury predicts 5pc inflation
Inflation could peak at 5 per cent this year, and petrol prices might remain elevated for three years, even if the Iran war ends relatively soon, says Treasury.
Labor gives itself the green light to pare back CGT discount
Labor members of a Senate inquiry have concluded the tax break is helping fuel inequality in the housing market and skewing ownership towards investors.
‘Now is not a good time’: Government loath to cut diesel rebate
The prospect of adding another 51¢ per litre for miners – and potentially fishers and farmers – would be politically and economically perilous, say sources.
Labor gives Farrer byelection a miss; Littleproud demoted
Labor has resolved to stay out of the Farrer byelection in the hope its supporters will vote strategically to help stop One Nation from winning the seat.
