NAB warns tax cuts won’t deliver much economic boost
National Australia Bank modelling has cast doubt on the belief the tax refunds that will soon start flowing into taxpayers’ bank accounts will stimulate the economy in a meaningful way.…
US and Qatar ink deals for ‘tremendous amounts’ of military weapons and Boeing planes
Qatar has agreed to buy “tremendous amounts of military equipment” and Boeing planes from the United States following a visit by Gulf Nation’s Emir to the White House, according to…
UK ambassador to the US Kim Darroch resigns over leaked comments about Donald Trump
The United Kingdom’s ambassador to the United States, Sir Kim Darroch, has quit his post a day after US President Donald Trump labelled him “wacky”, “pompous” and “very stupid”. Sir…
Pressure on Government to overhaul age pension as growing number of baby boomers leave workforce
The Federal Government is coming under pressure to make changes to the age pension, as a growing number of baby boomers are expected to leave the workforce over the next…
Nick Kyrgios out of Wimbledon after epic against Rafael Nadal as Ash Barty calmly rolls on
In the wee small hours, long after those most likely to have their tennis-loving senses offended had finished their Bovril and shortbreads and turned in, Nick Kyrgios again produced the…
Isaak el Matari had plans to create Islamic State base near Sydney, court hears
A man charged with terror offences planned to create an Islamic State (IS) base in the Blue Mountains and encourage fighters to launch “guerilla-stye” attacks in Sydney, court documents allege.…
Interest rates at 1pc may be new for Australia, but we’re just following everyone else into the basement
Central bank interest rate cuts, such as the Reserve Bank’s plumbing of a new historic low of 1 per cent, generally inspire one of two emotions. Option 1: Mild celebration…
Police arrest three in Sydney counterterrorism raids, accuse one of planning attack
One of the three men arrested during counterterrorism raids in Sydney’s west this morning was planning an attack on prominent Harbour City buildings, police allege. Isaak el Matari, 20, was…
ATO eyeing tax return claims for cars, travel, mobile phones, internet and rental deductions
Unsubstantiated or higher-than-expected tax deductions relating to cars, travel, clothing, mobile phone and internet use, and rental properties are among the top claims the Australian Taxation Office (ATO) will be…
Jodi McKay wins NSW Labor leadership from Chris Minns after three-month process
Strathfield MP Jodi McKay has been elected as the New South Wales Labor leader with a clear majority. Ms McKay defeated Kogarah MP Chris Minns in a caucus vote 29…