Treasurer Wayne Swan has deflected questions about whether slowing world economic growth will push out budget deficits, saying international forecasts show a "resilient" local economy.
Veteran Senator Mark Bishop has withdrawn his nomination for Labor party endorsement at the federal election in September and says he's looking forward to life outside politics.
Premier Colin Barnett says Prime Minister Julia Gillard has shown a low regard for students in his state in the federal government's school funding plan.
Treasurer Wayne Swan is encouraging Australian businesses to get "ahead of the curve" and push toward greater use of the Chinese renminbi (RMB) currency in their trade dealings.
Western Australia's business leaders are concerned about productivity but less anxious about growth than their eastern-states counterparts, a directors survey has revealed.
Former police minister Rob Johnson has attacked Premier Colin Barnett as a "dictator" after he was overlooked for the role of speaker of the legislative assembly.
United States Ambassador to Australia Jeffrey Bleich has hailed Western Australia's "extraordinary" growth and development, announcing the opening of a commercial services office at the US consulat
Australian businesses are mildly confident about the future, despite concerns about possible weakness in the mining sector and political uncertainty in Canberra.
Ramsay Health Care says it will expand operations at Peel Health Campus as soon as it can, after Health Minister Kim Hames revealed it as the new owner-operator of the troubled hospital.
The high costs of compliance with the Minerals Resource Rent Tax are destroying confidence and threaten to push investment offshore, industry leaders have told a Senate committee hearing in Perth.
The federal government has moved to end damaging pre-budget speculation over the nation's retirement nest eggs, announcing a series of measures, including a 15 per cent tax on superannuation earnin
Australia will continue to benefit from China's economic growth but governments should strive to forge deeper and friendlier ties with the emerging super-power, business leaders argue.
Consumer and business confidence in Australia should rebound in 2013 if the global economy stays relatively stable, says Commonwealth Bank chief executive Ian Narev.
Federal Labor has accused the coalition of a "staggering backflip" after the opposition signalled it might keep the government's extension of the petroleum resource rent tax to onshore projects.
A tax exemption on superannuation earnings supporting pensions and annuities will be capped at $100,000, and anything above that level taxed at a rate of 15 per cent, the federal government has ann
Prime Minister Julia Gillard has touted Australia's friendship with China on the eve of her visit to the regional powerhouse, saying only Labor has a plan to engage with fast growing Asian markets.
Opposition leader Tony Abbott has indicated a federal coalition government would not invest in state urban rail projects, insisting the Commonwealth should “stick to its knitting” of funding roads.
Australia's trade deficit has shrunk by more than $1 billion and demand for its mineral resources is set to increase as China's manufacturing and services sectors continue to expand.
