Prime Minister Julia Gillard is warning the opposition will need to make "incredible" cutbacks to government services if it does not back spending cuts in Tuesday's budget.
Fortescue Metals Group founder Andrew Forrest expects his company will pay "little or no" minerals resource rent tax when it comes into effect from July 1.
Never-ending resource demand from China and permanent public support for action on climate change are two of the things former prime minister John Howard warned should not be assumed when he addres
Premier Colin Barnett says if the distribution of the GST revenue is not fairly shared between the states, the bigger states will take the matter into their own hands.
Labor frontbencher Martin Ferguson has urged the embattled party to stop its in-fighting, move on from the leadership spill and focus on next Tuesday's budget.
A peak accounting body says the federal government should continue to target weaker parts of the local economy rather than its "commendable" aim to return the budget to surplus.
Mining companies are so desperate for workers some are throwing their selection criteria in the bin and spending money on training raw recruits, the Department of Treasury has found.
Fortescue boss Andrew Forrest has accused Treasurer Wayne Swan of lying about the amount of revenue the federal government will get from its mining tax.
Controversial Queensland mining magnate Clive Palmer doesn't think he'd have to "give up anything" if he stands against Treasurer Wayne Swan at the next federal election.
Billionaire mining magnate Andrew Forrest has celebrated his Australian Employment Covenant (AEC) finding 10,000 jobs for Aboriginal people by taking a swipe at the federal government's record on i
Western Australia’s peak business body has backed a new report that has called for a drastic reduction in the number of local councils in the metropolitan area, saying it provides clear evidence th
Unrest over Prime Minister Julia Gillard's handling of the Peter Slipper saga has Labor backbenchers revisiting the leadership question, but ministers have come to her defence.
Finance Minister Penny Wong says returning the budget to surplus is more than just an accounting exercise, it is good economic management for the future.
Treasurer Wayne Swan insists Peter Slipper's decision to stand down as Speaker won't impact on the federal government's ability to deliver a tough budget.
Premier Colin Barnett says an interim report on the way GST revenues are distributed recognises the system is "broken" and has been unfair to Western Australia.
The Reserve Bank of Australia has the room it needs to cut interest rates in May following the release of weaker than expected inflation data, economists say.
Prime Minister Julia Gillard says Australia's economy remains strong, as inflation data due for release on Tuesday could trigger an interest rate cut next week.
Western Australian Treasurer Christian Porter has welcomed an interim report on the carve-up of GST revenue, which has flagged changes to a system Mr Porter says is broken and in need of reform.
A report confirming Western Australia's strong economic performance is a signal to Premier Colin Barnett to reverse plans for budget cuts that will hit frontline services, the state oppos
International Monetary Fund members have vowed to secure global financial stability to allow urgently needed reforms and regain worldwide economic growth.
The chances of official interest rate cut next month have improved with figures showing imported consumer goods have fallen to the cheapest level in two decades.
The federal government has accused Premier Colin Barnett of a cash grab over his refusal to quarantine a pension increase from public housing rent assessments.