Universities are out, AI is in under new Trump plan for science funding
A new White House blueprint for scientific research is drawing mixed reactions from Massachusetts scientists, with some praising…
Every change hitting your wallet from July 1, 2026
Huge changes to wages, leave entitlements and superannuation are just some of the new reforms coming into effect…
Interest rates and tax shake-up see buyer demand weaken in property market
Joshua Goodfellow has been searching for two months for his first home, which he will use as an…
Australia hits its highest number of billionaires on record, with total wealth reaching $686b: Oxfam
Australia has its highest number of billionaires on record, at 178 — an increase of 17 from last…
Australians increasingly staying put when it comes to jobs and housing, economic data suggests
Not switching jobs. Not starting businesses. Not moving states. People are less mobile, less dynamic and more risk-averse…
Treasurer says ‘death tax’ claims are a scare campaign, ‘pure and simple’
A new minimum tax rate on trusts used to manage wealth inherited after death is being labelled a…
Treasury expected to borrow $2 trillion this year—more than $166 billion every month
The U.S. Treasury will likely have borrowed more than $2 trillion by the end of the fiscal year,…
House budget honcho slams NewYork-Presbyterian ‘rural’ hospital designation
He’s calling it a certified country crock! A top House Republican railed over NewYork-Presbyterian Hospital being classified as…
Budget is in the dark as Hormuz oil crisis upends economic outlook
It looks like the 2026 federal budget will have to be prepared over the next fortnight with the…
Interest rates, inflation: Crucial two weeks loom for Aussie households
Australian households face a critical fortnight with inflation data, the RBA interest rate decision and the federal budget…
Michael Peterson: ‘We owe it to the next generation’ to fix national debt
The Congressional Budget Office’s latest monthly budget says the U.S. government operated at a deficit of $1.17 trillion…
Why less U.S. borrowing from foreign countries creates higher prices
The only way the U.S. can spend the way it spends — which is to say, more than…