The nation's banking regulator says it will remove a cap on interest-only loans for residential property, on the grounds that the measure had reached its objective of curbing higher-risk lending practices.
The federal government has forced the sale of 30 properties in Western Australia worth nearly $50 million, which were illegally acquired by foreign nationals since 2015.
The federal government will lay out its tax and spending plans unusually early in 2019, after the budget brought forward by a month to allow for an election in May.
Treasurer Josh Frydenberg has rejected a Chinese consortium's proposed $13 billion purchase of APA Group, saying the deal would result in an undue concentration of foreign ownership of the country's gas transmission pipelines.
Federal Labor's proposed changes to negative gearing and capital gains tax would hit Western Australia's residential building sector at a time it is already reeling, according to economic modelling commissioned by Master Builders Association.
The prospects of a GST overhaul have been given a boost today, after the federal government said the proposed legislation would include safeguards to ensure every jurisdiction will be in a better financial position over a set period.
Federal Labor is hoping influential Senate crossbenchers deliver crucial support for a push to guarantee no state or territory will be worse off under new GST revenue carve-up arrangements.
Treasurer Josh Frydenberg has demanded the banks and regulators fix an insidious culture of greed over honesty outlined in a scathing interim report of the Financial Services Royal Commission.
Prime minister designate Scott Morrison has admitted his party was battered and bruised this week, but committed to focus on unifying the country, with a review of the government's drought response his number one priority.
Gas users will save nearly $200 million over five years after the Australian Competition Tribunal dismissed a move by the owner of the Dampier to Bunbury Natural Gas Pipeline to alter a pricing decision by the state's Economic Regulation Authority.
The federal government has rejected a mining exploration program by Perth-based CI Resources on Christmas Island that would have extended the company's existing phosphate operations by up to 10 years.
Two giant waste-to-energy projects planned for Kwinana and Rockingham could gain extra financial backing after the federal government unveiled a raft of policy initiatives to address problems flowing from China's new restrictions on accepting foreign waste.
State governments have approved more detailed design work on the National Energy Guarantee to proceed at a Council of Australian Governments energy ministers meeting today, although Labor state leaders still have objections.
The federal government has commissioned ACIL Allen and GHD to study the possible development of a pipeline from Western Australia to the eastern states, one of the critical elements of a possible national gas market.
Western Australian Energy Minister Ben Wyatt has opened the door for a potential state-based renewables target after the federal government confirmed a major change in energy policy today.
Malcolm Turnbull is staring down coalition backbenchers concerned that a proposed clean energy target could push up power prices and undermine coal-fired power.
The Turnbull government insists it's still considering a clean energy target but one that takes into account the reliability and affordability of power.
ASX-listed Carnegie Clean Energy is evaluating three sites for the initial deployment of its CETO 6 wave power technology, including Albany and Cornwall, after it was confirmed today its Garden Island microgrid project will initially not include wave power.
UPDATE: A snap inquiry into alleged breaches of environmental conditions at the Roe Highway extension project will be held next week, after a motion introduced to Parliament by Greens Senator Scott Ludlam was today backed by the Senate.
Prime Minister Malcolm Turnbull has promoted little-known Queensland Nationals Senator Matt Canavan to a cabinet position as resources minister, with Josh Frydenberg moving from that role to the portfolios of energy and environment.
Mining giant Rio Tinto has backed down from its decision to double the payment period on its supply contracts after widespread criticism from politicians and an outcry from suppliers.
Resources Minister Josh Frydenberg said the federal government would be pushing states to remove moratoriums on unconventional gas extraction, including fracking, he told the LNG 18 conference today.
A group of local business owners is lobbying the state government to support changes to the GST import threshold, making Western Australia a key front in national retail reform.
The federal government has made sweeping red tape cuts to save time consumed by paperwork as small and medium businesses grow more confident about the year ahead, but a growing number believes the state government is working against their best interests, according to the latest Sensis survey.
