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    Federal budget

    Today

    Labor’s big budget gamble, BHP’s defining week & where your payrise really went

    This week on the Chanticleer podcast James & Anthony dissect the federal budget with a special guest, look at BHP’s titanic takeover battle and hash out the new battle over housing.

    Dutton’s housing fix ‘will worsen supply’

    One of Australia’s biggest property developers says slashing permanent migration as a way to fix acute housing shortages will only exacerbate the problem.

    • Tom McIlroy, Michael Read and Nick Lenaghan
    Anthony Albanese and Peter Dutton are both throwing out easy answers to complex problems.

    Budget kicks off a populist election season

    The housing crisis demonstrates how both major parties insist there are easy answers where none exist.

    • The AFR View
    Australian Industry Group chief executive Innes Willox quoted former union chief Bill Kelty in support of his position.

    Bosses say budget assistance justifies smaller minimum wage increase

    Employers have invoked former union chief Bill Kelty to back a moderate pay rise, saying budget relief ensures low-paid workers’ disposable income will rise.

    • David Marin-Guzman
    International students have become a “political plaything” and the sector is under threat, experts warn.

    One in, one out: Dutton plan ‘risks $48b foreign student industry’

    Peter Dutton’s promise to reduce temporary migration to 160,000 people would smash the country’s fourth-largest export sector, experts say.

    • Julie Hare
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    Opposition Leader Peter Dutton in parliament this week.

    The Coalition swings back to the immigration playbook

    The irony is that Peter Dutton of all people should understand how complicated migration numbers really are.

    • Laura Tingle
    Dylan Jones

    Super for housing could only work for the fastest movers: experts

    First home buyers struggling to save a deposit might welcome the Coalition’s promise to let borrowers tap their super for property, but economists say it will only push up house prices.

    • Updated
    • Lucy Dean
    Opposition Leader Peter Dutton is making the election a housing fight.

    Peter Dutton’s housing policies look tinged by race

    The Liberal Party leader’s complaints that foreigners are competing with Australians for homes tap into resentment towards outsiders.

    • Aaron Patrick
    Chalmers has made a big, bold gamble on inflation, risking the living standards of millions, while Dutton’s rhetoric is bigger than the reality on immigration.

    Chalmers and Dutton put their economic credibility on the line

    Chalmers has made a big, bold gamble on inflation, risking the living standards of millions, while Dutton’s rhetoric is bigger than the reality on immigration.

    • John Kehoe

    Albanese and Dutton fight on the home front for voters

    With the countdown now on to the election, both sides used budget week to stake out their territory on the hot-button housing issue. But it’s already a crowded policy space, and there are no quick fixes.

    • Andrew Tillett

    How the west’s miners won over Canberra

    The production tax credits on critical minerals processing unveiled in the federal budget were the result of months of careful negotiations that started with a meeting in Perth.

    • Brad Thompson
    The housing crisis will be with us for some time, the RBA says.

    Dutton wants a housing election. This could get nasty

    As the RBA says, there are no quick fixes to the residential property crisis. But that won’t stop Peter Dutton trying before the next election.

    • Updated
    • James Thomson
    Maia Schweizer,COO  Sundrive, and Vince Allen, founder and CEO

    Critics say Aussies can’t make cheap solar panels. This start-up says they’re wrong

    The brains behind SunDrive say Australia has the material, the best resources, and even national security reasons, for keeping solar panel expertise here.

    • Ben Potter
    Veteran property developer Nigel Satterley.

    Tradies are the thing we need most: Developers to Dutton

    Developers warned that cutting immigration would not only slow home building, but have ramifications for the entire Australian economy.

    • Campbell Kwan, Larry Schlesinger and Nick Lenaghan

    Dutton’s housing election; Nvidia bulls sell; Millennial set to retire

    Read everything that’s happened in the news so far today.

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    Foreign owners bought only about 1300 established houses in Austalia in 2021-22.

    Dutton concedes homes sales to foreigners are ‘low’

    Opposition Leader Peter Dutton has conceded only a tiny fraction of property sales in Australia are made by foreign residents, hours after releasing a major new population policy.

    • Tom McIlroy and Michael Read
    Treasury has given itself nearly $55 million over two years to administer, coordinate, and promote the Government’s Future Made in Australia agenda.

    Labor’s green superpower plan will need a new public service

    Expertise in green hydrogen, photonic quantum physics, large-scale lithium batteries and next-generation mineralogy are not skills you typically see on Canberra CVs.

    • Tom Burton
    Labor stashes away billions for road and rail projects in its own seats.

    Two-thirds of new road and rail money flows to Labor seats

    Labor has allocated $4.1 billion for 64 new priority infrastructure projects, $2.7 billion of which has gone to Labor seats in Tuesday’s federal budget.

    • Ronald Mizen and Tom McIlroy

    Yesterday

    Dutton to slash migrant intake, ban foreign property buyers

    The opposition leader has vowed to slash permanent migration by a quarter and ban foreign investors buying established homes for two years.

    • Phillip Coorey
    Applause from colleagues, but it’s really an ominous message.

    Australia’s new course is to be managed decline

    The budget is our politics writ small: too lacking in confidence and optimism to seek out new growth.

    • John Roskam