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| | | ... from 2023's overseas banking turmoil where several US and European banks either failed or required rescue, and where government intervention was required to restore stability and "minimise the risk of contagion", APRA said. "Capital is the cornerstone ... |
| | | | The defence portfolio will grow to $57.6 billion over the next decade as the Albanese government tightens national and economic security amid growing geopolitical tensions. As announced last year, the government will invest an additional $50.3 billion ... |
| | | | ... $90,000 to $100,000 for singles and from $120,000 to $160,000 for joint applications. Under the Help to Buy program, the government provides an equity contribution of up to 40% to support eligible home buyers to purchase a home with a lower deposit and ... |
| | | | ... the deficit is expected to grow to $42.1 billion in 2025-26 before a gradual decline. Despite the deficit, the Labor government said the bottom line was still in a better position than how it was handed over by the Coalition. "The government's responsible ... |
| | | | ... through the use of new Low Earth Orbit Satellite technology," the budget papers read. To support regional Australia, the government pledged up to $130 million in secured loans to keep Rex Airlines operational during its extended voluntary administration ... |
| | | | Aligned with the Future Made in Australia agenda, the government is continuing to invest billions into green technologies and the energy transition. The federal government has also allocated funding for innovative technology and clean energy manufacturing ... |
| | | | The government will amend tax laws to clarify the treatment of managed investment trusts to ensure "legitimate investors" keep their concessional withholding tax rates in Australia. Federal Budget documents said that change complements the Australian ... |
| | | | A breakdown of government revenue revealed the superannuation sector will contribute $25.6 billion to the government's bottom line in 2025-26 - an uplift of $9.7 billion since the MYEFO from taxes on the sector. "The upgrade to superannuation fund ... |
| | | | ... settings. Budget documents said: "These new tax cuts are modest, but they'll make a difference." Last year, the government introduced tax relief measures by cutting two rates and lifting two thresholds - benefiting all taxpayers. The changes included ... |
| | | | ... more support for Australian firms to seize new commercial opportunities in India," the Budget said. In addition, the government has boosted defence spending with a $330 billion investment in the Defence Integrated Investment Program out to 2033-34, which ... |
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