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Showing 1 - 10 of 139 results for "Labor Government"

Division 296 legislation passes, LISTO to increase

MATTHEW WAI  |  WEDNESDAY, 11 MAR 2026
... reforms that were introduced by the Coalition had anything to do with tax... Yet that was the first thing that this Labor government did when it came to office," Hume said. Liberal senator for Western Australia Dean Smith echoed Hume's statement, noting ...

Sovereign funds, instos raise $217m for Qld space tech developer

MATTHEW WAI  |  WEDNESDAY, 21 JAN 2026
A group of institutional investors, including various super funds, and the National Reconstruction Fund Corporation (NRFC), Australia's sovereign investor in manufacturing capability, have formed a conglomerate to raise more than $217 million for ...

Unemployment falls, more women enter the workforce

ELIZA BAVIN  |  FRIDAY, 15 AUG 2025
... finally coming down - thanks to the collective efforts of working people, their unions and reforms by the federal Labor government," ACTU president Michele O'Neil said. "The level of women in work is now also at its highest level ever, at 63.5%. "Collective ...

Australian Ethical, CEFC pour $30m into climate tech venture

MATTHEW WAI  |  TUESDAY, 17 JUN 2025
... technologies. Despite volatility coming from US President Donald Trump's administration, CTP said the re-elected Labor government has embedded certainty in its policy to provide greater guarantees and long-term focus for the cleantech sector. Globally ...

Super tax requires a 'holistic' review: ASA

MATTHEW WAI  |  FRIDAY, 13 JUN 2025
... the Division 296 superannuation tax. The super tax has received mixed opinions since its announcement, but the Labor government has insisted on proceeding with the bill to impose an additional 15% on super balances that exceed $3 million. ASA chief executive ...

Treasury welcomes new leader

MATTHEW WAI  |  WEDNESDAY, 11 JUN 2025
... to COVID-19 and the implementation of JobKeeper, as well as the preparation of the past four budgets under the Labor government. "Jenny is one of Australia's most distinguished and experienced economists and public servants and has served with distinction ...

Coalition names shadow treasurer, financial services minister

ANDREW MCKEAN  |  THURSDAY, 29 MAY 2025
... Coalition back to a position of unity and said the focus is now on Anthony Albanese. Littleproud said holding the Labor government to account is important to democracy, adding that "we've laid the foundation stones of a Coalition that can move forward..." ...

Chalmers lays down the law on super tax

ELIZA BAVIN  |  WEDNESDAY, 14 MAY 2025
Treasurer Jim Chalmers is remaining steadfast that the Labor government will legislate the 30% tax rate on superannuation balances over $3 million. "We've made that clear that we haven't changed our policy. We announced that policy more than ...

Labor vs Liberal: Which government is better for Australian stocks?

ANDREW MCKEAN  |  MONDAY, 12 MAY 2025
Labor has secured 93 of the 150 seats up for grabs in the House of Representatives, with a few still in doubt - more than Kevin Rudd or Bob Hawke claimed in their maiden election victories - but does this historic win over the Coalition spell bad news ...

Future Fund muscles past annual target return, lags in March quarter

ANDREW MCKEAN  |  TUESDAY, 6 MAY 2025
... that's hitting the younger generation, and a climate emergency demanding decisive action, Global SWF said the Labor government is repurposing the Future Fund as more than just a passive investment vehicle. The government is giving the Future Fund ...
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