The Latest Breaking News from Katy Gallagher

Federal budget $27bn in the red and won’t return to balance for a decade, Myefo forecasts

Budget downgrade blamed on Australian economy being hit harder than anticipated by higher interest rates, cost of living pressures and global uncertainty

The Guardian - AU · Dec 17, 2024

Super concessions take biggest bite from the budget

Cost-of-living relief measures are off the table in the mid-year budget update, as a tax expenditure list shows the type of deductions that cost the most.

AAP · Dec 16, 2024

Former senior bureaucrat Dennis Richardson to lead urgent review into agency tasked with $368bn Aukus contract

Former senior defence and foreign affairs secretary will focus on governance in his probe of Australian Submarine Agency

The Guardian - AU · Dec 5, 2024

Censures, coffees and a clinched deal: MPs off for Xmas

Parliamentarians are preparing to head home for the year after a far from lacklustre final day in the halls of power.

AAP · Nov 27, 2024

Coalition vows to overturn extra Future Fund priorities

Adding clean energy and housing as supplementary investment priorities for Australia's sovereign wealth fund has drawn sharp rebuke from the opposition.

AAP · Nov 20, 2024

Big four consultancy firms should have partner numbers slashed by up to 600, Australian inquiry says

Banning political donations or restructuring firms to reduce conflict of interest are not part of recommendations

The Guardian - AU · Nov 7, 2024

How the govt will slash hundreds of millions in outsourced work

External labour on the chopping block after new APS-wide targets.

The Canberra Times · Nov 3, 2024

'No doubt' inflation is moderating: finance minister

Much is riding on quarterly inflation data out next week as Australia's slow progress by international standards has Labor defending its economic record.

AAP · Oct 24, 2024

Big business blueprint to nail down housing crisis fix

Quicker approvals and slashing red tape are some of the key measures the business lobby has put forward to improve housing affordability and accessibility.

AAP · Oct 20, 2024

Falling apprentice numbers a worry for housing targets

Lacklustre trade apprenticeship numbers do not bode well for an industry short of the manpower to meet national home-building targets.

AAP · Oct 8, 2024