News & Analysis

The federal budget’s $1.2 billion digital strategy includes a 30% tax offset to boost the video games industry

- May 6, 2021 2 MIN READ

More than $500 million of a $1.2 billion digital economy strategy in Tuesday’s budget will be spent on overhauling the federal government’s myGov and My Health Record sites. The initiatives, to be announced by Scott Morrison on Thursday, include $200.1 million for myGov, which is the main portal for people to access government services online.… Read more »

News & Analysis

Labor’s new energy policy will offer discounts on electric vehicles and ‘community batteries’ to store solar power

- March 31, 2021 2 MIN READ

Anthony Albanese will promise a Labor government would deliver a discount to cut the cost of electric cars and install community batteries, in modest initiatives costing $400 million over several years. The announcement, to be made Wednesday, comes as Labor debates its platform at a “virtual” national conference involving some 400 participants. At present only… Read more »

News & Analysis

Labor leader Anthony Albanese is pushing for more protections for gig economy workers

- February 10, 2021 3 MIN READ

Anthony Albanese will risk a backlash from employers when he releases an industrial relations policy promising a Labor government would substantially increase the legal rights and protections for Australians in insecure work. Wednesday’s policy unveiling will ensure industrial relations is a major political battleground in coming months, with the opposition already declaring it will vote… Read more »

News & Analysis

Budget 2020: Treasurer says ‘we have your back’ as income tax cuts kick in early

- October 6, 2020 4 MIN READ

Accelerated tax cuts, cash splashes for pensioners, massive incentives for business to invest and a subsidy to hire unemployed people are the centrepieces of the Morrison government’s COVID-19 budget. More than 11 million taxpayers will get a tax cut backdated to July 1, giving lower and middle-income earners tax relief this financial year of up… Read more »

News & Analysis

Space and resources tech are among six focus areas for the Australian government’s $1.5 billion manufacturing reboot

- October 1, 2020 4 MIN READ

The federal government is selecting six priority areas for support in a $1.5 billion manufacturing plan Scott Morrison will outline in a pre-budget address. They are resources technology and critical minerals processing, food and beverage, medical products, recycling and clean energy, defence, and space. The plan will also focus on building “supply chain resilience” after… Read more »

News & Analysis

Australia is going to introduce US-style insolvency laws for when small companies get into financial trouble

- September 24, 2020 2 MIN READ

The Morrison government will make sweeping changes to the insolvency system to improve the chances of saving small businesses hit by the pandemic. The reforms – which are described as the most significant for three decades – will cover three quarters of businesses currently subject to insolvency, almost all of which have less than 20… Read more »

News & Analysis

Australia’s new ‘clean energy’ technologies being opened up for investment

- September 22, 2020 3 MIN READ

The Morrison government will tell its refocused clean energy agencies and the clean energy regulator to give priority to investment in five low emissions technologies and report how they are accelerating them. The technologies are clean hydrogen, energy storage, low carbon steel and aluminium, carbon capture and storage, and soil carbon. The government last week… Read more »

News & Analysis

The Morrison government is looking to extend JobKeeper this week to avoid September’s economic cliff

- July 20, 2020 2 MIN READ

The government is set to continue a revamped and re-targeted wage subsidy when it delivers its Thursday economic statement amid massive uncertainty about the trajectory of COVID-19 in the two largest states. Finance Minister Mathias Cormann on Sunday said JobKeeper would be extended but with changes. “There will be some adjustments to the scheme to… Read more »