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The Latest Breaking News from Danielle Wood

Labor’s intergenerational report will be released this week. But just how reliable will it be?

The 300-page missive will include forecasts about the economy and budget over the next 40 years

The Guardian - AU

Labor accused of playing ‘footsies’ with Australia’s major challenges if it pursues risk-averse budget

‘Bold is what we need’ from budget to lift people out of poverty and address cost of living, Grattan Institute’s Danielle Wood says

The Guardian - AU

Grattan on Friday: We need more tax revenue, but don't ask the major parties how we'll get it

Teal candidates again fell short in the NSW election. Only one who was so labelled was successful, and she rejects the terminology. This followed the Victorian state election in which no teal won.

The Conversation

From analysis to the latest developments in health,
read the most diverse news in one place.

Inheritance taxes and negative gearing: how Australia’s top economists would raise $20bn a year

Experts also suggest scrapping the stage-3 tax cuts, placing a price on carbon and removing fossil fuel subsidies

The Guardian - AU

Inheritances, resource taxes and negative gearing: How top economists would raise $20 billion

Asked to choose measures by efficiency, 40 per cent chose increased or new taxes on land, while 39 per cent chose more resource taxes.

The New Daily

Inheritance taxes, resource taxes and an attack on negative gearing: how top economists would raise $20 billion per year

Asked to find an extra A$20 billion per year to fund government priorities like building nuclear submarines and responding to climate change, Australia’s top economists overwhelmingly back land tax, increased resource taxes, an attack on negative gearing and extending the scope of the goods and services tax.

The Conversation

Premier warns of 'challenging budget' ahead as government feels interest rate pinch

Everyday Australians are not alone in feeling the interest rate pinch, as the Victorian government sees its interest repayments expand.

ABC News

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Difficult budget decisions after $368 billion nuclear subs splurge

A plan to acquire a fleet of nuclear subs has been unveiled, but experts said the eye-watering price tag will force tough budget debates.

The New Daily

Daniel Andrews's legacy could be immortalised in bronze, but there's a tightening Victorian election to win first

Victoria's Labor premier is fighting for a third term in office after an extraordinary four years that saw him become one of the most recognisable — and controversial — faces in Australia. Will he be able to pull it off?

ABC News

Beyond the ISS: A new wave of stations could redefine science in space

While scientists have long conducted research in space, a new generation of above-Earth labs could be run remotely and even help humans venture to Mars.

Inverse

Politics with Michelle Grattan: Jim Chalmers, Angus Taylor and Danielle Wood on the budget

Treasurer Jim Chalmers says of his first budget: “Inflation is the dragon we need to slay”. Chalmers’ worry about inflation was reinforced by Wednesday’s release of the September quarter CPI, which showed inflation at 7.3%.

The Conversation

Parties 'weaponising' taxpayer-funded ads

One-quarter of the federal government's advertising budget is going towards politicised messaging.

AAP

‘Weaponised’: Calls for politicians to kick the habit costing taxpayers $50 million a year

Government urged to stop the abuse of taxpayer funded advertising, which has led to $50 million a year in public money being spent.

The New Daily

Albanese urged not to ‘lose the moment’ for tax reform as he squashes debate on stage-three cuts

Economists say the tax cuts are unaffordable and should be trimmed or changed, either now or in May

The Guardian - AU

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news in one place.

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The Guardian - AU

Albanese government to commit to multi-employer bargaining despite business concerns

Treasurer Jim Chalmers says ‘sufficient common ground’ has been reached at jobs summit although employer groups fear industry-wide strike action

The Conversation

The jobs summit needs to think big: here are 3 priorities for future-proofing Australia

This is an edited extract from Danielle Wood’s keynote address to the jobs summit. Read other articles in The Conversation’s series about the summit here.

The Canberra Times

As it happened: Jobs and Skills Summit, day one

Women's participation in the workforce is a key theme of the summit.

The Guardian - AU

Business and unions reveal shared policies on three big ticket items ahead of jobs summit

Business Council and ACTU agree on need to boost paid parental leave, reform migration skills lists and set up an authority to support the clean energy transition

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AAP

Independent MP tackles 'jobs for mates'

Australian politics has a growing "jobs for mates" culture but an independent MP says her proposed bill will put a stop to it.

The Conversation

How early Australian fairy tales displaced Aboriginal people with mythical creatures and fantasies of empty land

Content warning: this article contains reference to racist depictions of Aboriginal Australians.

ABC News

Prime Minister Anthony Albanese to visit Paris to 'reset' Australia's relationship with France

Prime Minister Anthony Albanese confirms he will visit French President Emmanuel Macron in Paris next week to formally "reset" diplomatic relations between Australia and France.

The Conversation

Open letter: the RBA review needs to be completely independent of government

This is the text of an open letter from 12 leading economists, sent on Sunday:

The Conversation

Politics with Michelle Grattan: Grattan Institute's Danielle Wood on election's thin policy debate

Danielle Wood is the CEO of the Grattan Institute, an independent think tank, Its purpose is to research and advocate policies to improve Australians’ lives.

ABC News

How bad is Australia's debt? Will young people still be paying it back? The federal budget explained

Is national debt good or bad? Will young people have to pay for it down the line? We answer your questions about the federal budget and Australia's national debt.

ABC News

Tax rise for low- and middle-income workers possible as LMITO's fate hangs on federal budget

With cost-of-living concerns dogging the government ahead of next week's federal budget and the upcoming election, experts are again questioning whether its tax cuts are directed at those who need them most.

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