Showing 49 to 60 of 82 results
Harvey Norman Profits Soar Despite Minority Government Concerns
Harvey Norman announced a 39.7% jump in profit after tax to $279.4 million for the first half of 2025, driven by strong sales of premium goods, despite concerns from its executive chairman Gerry Harvey about a potential minority government negatively impacting the Australian economy.
Harvey Norman Profits Soar Despite Minority Government Concerns
Harvey Norman announced a 39.7% jump in profit after tax to $279.4 million for the first half of 2025, driven by strong sales of premium goods, despite concerns from its executive chairman Gerry Harvey about a potential minority government negatively impacting the Australian economy.
Progress
48% Bias Score
WA Business Collapses Surge 24% in 2024
Over 1200 Western Australian businesses collapsed in 2024, a 24% increase, largely impacting construction and hospitality due to tightened consumer spending from rising interest rates and post-COVID cost inflation; the situation is expected to worsen before improving.
WA Business Collapses Surge 24% in 2024
Over 1200 Western Australian businesses collapsed in 2024, a 24% increase, largely impacting construction and hospitality due to tightened consumer spending from rising interest rates and post-COVID cost inflation; the situation is expected to worsen before improving.
Progress
40% Bias Score
Henry Accuses Australian Governments of "Wilful Acts of Bastardry" Over Tax System
Ken Henry, former Treasury head, accuses Australian governments of "wilful acts of bastardry" for creating a tax system that harms young people and future generations, breaching budget honesty rules and favoring vested interests.
Henry Accuses Australian Governments of "Wilful Acts of Bastardry" Over Tax System
Ken Henry, former Treasury head, accuses Australian governments of "wilful acts of bastardry" for creating a tax system that harms young people and future generations, breaching budget honesty rules and favoring vested interests.
Progress
48% Bias Score
Fewer Australian Small Businesses Employing Staff Amidst Public Sector Growth
Despite a 300,000 increase in the total number of small businesses in Australia over the past year, 31,900 fewer small businesses employed staff in 2024 compared to when the Labor government took office, a trend the opposition attributes to the government's substantial increase of 36,000 public serv...
Fewer Australian Small Businesses Employing Staff Amidst Public Sector Growth
Despite a 300,000 increase in the total number of small businesses in Australia over the past year, 31,900 fewer small businesses employed staff in 2024 compared to when the Labor government took office, a trend the opposition attributes to the government's substantial increase of 36,000 public serv...
Progress
56% Bias Score
NSW Workforce to Shrink as Population Ages
By 2051, NSW's non-working adult population will increase by over 500,000 due to an aging population, causing varied employment changes across the state; Western Sydney will experience faster job growth than Eastern Sydney.
NSW Workforce to Shrink as Population Ages
By 2051, NSW's non-working adult population will increase by over 500,000 due to an aging population, causing varied employment changes across the state; Western Sydney will experience faster job growth than Eastern Sydney.
Progress
28% Bias Score
Australian Tax Cuts Boost Savings Despite Public Indifference
Australia's stage 3 tax cuts, implemented in July 2024, have yielded unexpected results: Australians earning $45,000-$135,000 saved 75% of their average $830 increase, defying public indifference and predictions of immediate spending. Inflation concurrently fell to 2.4%, the lowest in almost three y...
Australian Tax Cuts Boost Savings Despite Public Indifference
Australia's stage 3 tax cuts, implemented in July 2024, have yielded unexpected results: Australians earning $45,000-$135,000 saved 75% of their average $830 increase, defying public indifference and predictions of immediate spending. Inflation concurrently fell to 2.4%, the lowest in almost three y...
Progress
52% Bias Score
RBA Cuts Rates Amidst Full Employment Uncertainty
The Reserve Bank of Australia unexpectedly cut interest rates by 0.25 percentage points to 4.35 percent last week, despite maintaining them at that level for 15 months, due to uncertainty about the impact of near full employment on inflation. This has caused confusion within the markets.
RBA Cuts Rates Amidst Full Employment Uncertainty
The Reserve Bank of Australia unexpectedly cut interest rates by 0.25 percentage points to 4.35 percent last week, despite maintaining them at that level for 15 months, due to uncertainty about the impact of near full employment on inflation. This has caused confusion within the markets.
Progress
52% Bias Score
Whyalla Steel Mill Faces $2.4 Billion Bailout
The Australian government is considering a $2.4 billion bailout of the Whyalla steel mill after it was seized from British billionaire Sanjeev Gupta due to financial difficulties, aiming to secure its future and safeguard jobs.
Whyalla Steel Mill Faces $2.4 Billion Bailout
The Australian government is considering a $2.4 billion bailout of the Whyalla steel mill after it was seized from British billionaire Sanjeev Gupta due to financial difficulties, aiming to secure its future and safeguard jobs.
Progress
40% Bias Score
RBA Cuts Interest Rate by 0.25 Percentage Points
The Reserve Bank of Australia (RBA) cut the cash rate by 0.25 percentage points to 4.1 percent, its first rate cut in over four years, providing mortgage holders with approximately $100 monthly relief on a $600,000 mortgage, although further cuts are unlikely in the near future due to inflation conc...
RBA Cuts Interest Rate by 0.25 Percentage Points
The Reserve Bank of Australia (RBA) cut the cash rate by 0.25 percentage points to 4.1 percent, its first rate cut in over four years, providing mortgage holders with approximately $100 monthly relief on a $600,000 mortgage, although further cuts are unlikely in the near future due to inflation conc...
Progress
40% Bias Score
Australian Cruise Industry Records Highest-Ever Economic Contribution
During the 2023-24 financial year, Australian cruise ship visits increased to 1650 across 49 ports, resulting in 4.2 million passenger visit days—a 26.9% increase—and $8.43 billion in economic contribution (a 49.7% rise), supported by 26,370 jobs, despite challenges like high costs and limited docki...
Australian Cruise Industry Records Highest-Ever Economic Contribution
During the 2023-24 financial year, Australian cruise ship visits increased to 1650 across 49 ports, resulting in 4.2 million passenger visit days—a 26.9% increase—and $8.43 billion in economic contribution (a 49.7% rise), supported by 26,370 jobs, despite challenges like high costs and limited docki...
Progress
40% Bias Score
WA Iron Ore Revenue Soars by \$529 Million, but Future Challenges Loom
Western Australia's iron ore revenue exceeded expectations by \$529 million due to higher iron ore prices (US\$98 per tonne) and a weaker Australian dollar (64.40c per US dollar), resulting in a \$3.2 billion operating surplus; however, rising prison costs and potential trade war impacts pose future...
WA Iron Ore Revenue Soars by \$529 Million, but Future Challenges Loom
Western Australia's iron ore revenue exceeded expectations by \$529 million due to higher iron ore prices (US\$98 per tonne) and a weaker Australian dollar (64.40c per US dollar), resulting in a \$3.2 billion operating surplus; however, rising prison costs and potential trade war impacts pose future...
Progress
40% Bias Score
Super Tax Hike Faces Defeat in Australian Parliament
Australia's proposed increase in superannuation tax on earnings above \$3 million is facing parliamentary defeat due to crossbench opposition fueled by concerns it will force farmers and small business owners to sell assets; the government may need to renegotiate.
Super Tax Hike Faces Defeat in Australian Parliament
Australia's proposed increase in superannuation tax on earnings above \$3 million is facing parliamentary defeat due to crossbench opposition fueled by concerns it will force farmers and small business owners to sell assets; the government may need to renegotiate.
Progress
40% Bias Score
Showing 49 to 60 of 82 results