Tag #Australian Economy

Showing 73 to 82 of 82 results

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Australia's Stagnant Economy: Budget Update Reveals Lack of Reform

Australia's mid-year budget update reveals a bleak economic outlook with low growth, high prices, and projected deficits for the next decade, highlighting a lack of substantial economic reform from both major parties and leaving Australians facing lower living standards.

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56% Bias Score

No Poverty
dailymail.co.uk
🌐 85% Global Worthiness
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Australia's Budget Crisis: \$150 Billion Debt Surge and Immigration Overrun

Australia's mid-year budget reveals \$150 billion in additional debt over four years, \$60 billion more than projected, with immigration exceeding targets by 80,000, placing strain on the economy and impacting the upcoming election.

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60% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
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Victorian Budget: \$40 Billion Spending Blowout Raises Fiscal Sustainability Concerns

Victoria's mid-year budget reveals a \$40 billion spending blowout over four years, despite claims of fiscal repair, raising concerns among economists about the state's financial sustainability due to uncontrolled expenditure, particularly in healthcare and public sector wages.

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60% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Billson's Brewery Avoids Liquidation Through Restructuring

After months of uncertainty and administration, Billson's Brewery in Beechworth, Victoria, avoided liquidation, thanks to a creditor-approved restructuring plan, securing the future of the 159-year-old brewery and its 100 remaining employees.

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36% Bias Score

smh.com.au
🌐 75% Global Worthiness
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Chalmers Backs Albanese, Highlights Australia's Economic Resilience

Treasurer Jim Chalmers publicly endorsed Anthony Albanese for a full term as Prime Minister, while Health Minister Mark Butler credited the government's balanced approach to inflation and cost-of-living relief for Australia's sustained economic growth over the past 18 months, unlike most other devel...

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48% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
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Australian Government Spending Prevents Recession, Creates One Million Jobs

Treasurer Jim Chalmers credits \$22.1 billion in federal spending over four years with averting a recession in Australia, creating one million jobs while other OECD nations faced economic contraction; the government plans further spending and tax measures before the next election.

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60% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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NAB CEO Optimistic About 2025 Despite Legal Challenges and Fossil Fuel Financing Concerns

NAB CEO Andrew Irvine expressed confidence in Australia's economic outlook for 2025, citing interest rate cuts and a strong jobs market, while facing legal action for allegedly failing vulnerable customers and shareholders rejecting a resolution to curb fossil fuel financing.

Progress

48% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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Lifeline Surge Reflects Stagnant Australian Economy, Affecting Pre-Election Landscape

Lifeline Australia reports a significant increase in calls due to financial stress and lingering COVID anxieties, coinciding with minimal economic growth and high inflation, creating a challenging pre-election scenario for the Australian government.

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40% Bias Score

No Poverty
smh.com.au
🌐 75% Global Worthiness
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Sluggish Australian Economic Growth Driven by Government Spending

Australia's economy grew by a weaker-than-expected 0.3 percent in the September quarter, with annual growth at 0.8 percent—the worst since the 1990-91 recession outside of COVID-19. Government spending, including energy subsidies, significantly boosted overall growth, while household spending remain...

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48% Bias Score

smh.com.au
🌐 65% Global Worthiness
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Australian Economy Shows Tentative Growth, but Sustainability Concerns Remain

Australia's economy is showing tentative signs of recovery, with projected growth of 0.3 percent in September, driven by government spending; however, this is deemed unsustainable by the opposition, who highlight the impact on small businesses and falling disposable incomes.

Progress

52% Bias Score

Showing 73 to 82 of 82 results