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RBA boss’s stunning apology

Reserve Bank governor Philip Lowe has apologised to Australians who may regret taking out a home loan off the back of guidance that interest rates would remain unchanged until 2024. Appearing before a Senate estimates hearing on Monday…

Centrelink boost for millions under new deal

Five million Australians on income support could soon see a boost to their Centrelink payments under a deal struck on the government’s contentious workplace relations reform. The deal with independent senator David Pocock to support the…

‘Huge day’: Sign your wages could go up

Anthony Albanese has declared it is a “huge day for working people” after striking a deal with a key crossbencher to get Labor’s wide-ranging industrial relations reforms through parliament.But the Prime Minister wouldn’t be drawn on when…

Labor’s IR reforms set to become law

Labor is confident its wide-ranging industrial reforms will become law after the government secured the support of a crucial crossbencher, Workplace Relations Minister Tony Burke has said.Mr Burke said independent ACT senator David Pocock…

Another reason you should buy an EV

Owners of electric vehicles will be able to save some extra cash after the Senate approved tax cuts following last-minute negotiations. The Electric Discount Car Bill is now expected to pass into law on Friday, with the Senate voting in…

Senator calls for Qantas boss to resign

A Labor senator has called for Qantas chief executive officer Alan Joyce to be sacked as the carrier’s domestic flight attendants threaten industrial action.Senator Tony Sheldon said Qantas was a “wonderful company” with “wonderful staff”…

‘What a joke’: Senators trade blows

A fight over contentious workplace reforms has caused the Senate to descend into outright chaos, with party leaders screaming over one another at the dispatch box. The disruption began when the Coalition renewed its attack on the…

Key hurdle in pay rise plan

A debate about how to get wages moving has been clouded by overheated rhetoric, government services minister Bill Shorten says. The government has been locked in negotiations with crossbench to secure a deal on its signature industrial…

‘Messy’ end to major election promise

Australia is one step closer to establishing an anti-corruption hearing after the government secured broad support for the legislation in parliament. But lingering concerns about the threshold for public hearings and a carve out for union…