The nation’s biggest corporate taxpayer has pushed back against the Productivity Commission’s cash-flow tax proposal, ...

CANBERRA, Australia (AP) — Australia's Treasurer said his government remains committed to returning the national budget to surplus next fiscal year despite the task becoming more difficult with ...

The SA government’s spending woes started in February when Premier Peter Malinauskas and Prime Minister Anthony Albanese travelled to Whyalla to announce a joint $2.3bn rescue package when the ...

Treasurer Stephen Mullighan warns the state “can’t afford too many more” unexpected budget raids after shovelling hundreds of millions of dollars into rescue packages ranging from the algal bloom to ...

Key Points and Summary – The central promise of the AUKUS security pact—to provide Australia with nuclear-powered submarines—is reportedly no longer viable due to a severe crisis in the U.S. and UK ...

Australia reported a trade surplus of A$6.9 billion in March, significantly higher than February’s downwardly revised A$2.85 billion and beating market expectations of A$3.13 billion, marking ...

Last week’s third budget handed down by the Labor government in New South Wales (NSW), Australia’s most populous state, features more huge handouts to the billionaire property developers who ...

Australia is also one of the few countries the U.S. normally runs a trade surplus with, a point often made by Australian negotiators arguing against Trump's imposition of 10% tariffs.

Trump attacked Australian import restrictions on U.S. beef when he announced in April that tariffs of at least 10% would be placed on Australian imports, with steel and aluminum facing a 50% tariff.