Archived News for Professionals in Federal Government
Large corporate entities would be required to disclose their total payable tax, under proposals floated by the Federal Government.
Kids doing better and better finds report
Australian five-year olds are developing significantly better than they were three years ago across a range of key indicators, according to a new report released by the Australian Early Development Index (AEDI).
Retail continues strong rally
Retail turnover has grown by 1.3 per cent in February, according to the latest figures released by the Australian Bureau of Statistics (ABS).
Royal Commission holds first sitting
The Royal Commission of Inquiry into Institutional Responses to Child Sexual Abuse has held its first meeting in Melbourne’s County Court.
Third clean tech competition launches
The Federal Government has officially launched the third annual Australian Clean Technologies Competition.
Trade deficit narrows
Australia’s seasonally-adjusted trade deficit has narrowed to $178 million in February, according to the latest data released by the Australian Bureau of Statistics (ABS).
$15 million for WA literacy and numeracy fund
The Federal Government has announced that selected Western Australian schools will participate in the new Improving Literacy and Numeracy National Partnership (ILNNP).
Cash rate left unchanged
The Reserve Bank of Australia (RBA) has announced it has left the country’s official cash rate at 3.0 per cent, following the Board’s meeting earlier this week.
Could 2013 the year of the SME?
The nation’s small to medium enterprises have weathered a tough 2012, but remain confident that the nation’s economy is on the right track and will be in an improved position a year from now.
Government announces RBA appointments
Glen Stevens will continue to serve as Governor of the Reserve Bank for another three years after the Federal Government confirmed a range of senior finance appointments.
Wiluna Uranium project gets the nod
Western Australia is set to get its first uranium mine after the Federal Government granted environmental approval to the Wiluna uranium project.
$320 million for homelessness services
The Federal Government has announced a $320 million agreement with the states and territories which will ensure the continued provision of vital homelessness services.
Government announces $200 million venture funding initiative
Early stage, high growth Australian companies are set to receive a $200 million shot in the arm after the Federal Government announced three new venture capital funds will share in Government funding.
Inflation inches up in March
Inflation has increased by 0.2 per cent in March, marking only a 2.1 per cent increase to the Inflation Gauge, according to the TD Securities – Melbourne Institute Monthly Inflation Gauge.
Australia falling behind in clean energy stakes
While Australia has staged a ‘fragile reversal’ in its previously declining low-carbon competiveness, Asia, driven by China, has emerged as the key performing in developing preparedness for the future low-carbon economy according to the new GE Energy/Climate Institute’s Global Climate Leadership Review 2013 report.
Government announces department merger
The Federal Government has announced that it will merge the majority of the functions of the Department of Climate Change and Energy Efficiency (DCCEE) with the Department of Industry, Innovation, Science, Research and Tertiary Education (DIISTRE).
Growth haphazard and unplanned finds Telstra
A meagre 5 per cent of the country’s organisations have reported what they call smart, sustainable growth needed to see them succeed beyond the Mining Boom a Telstra survey has found.
It's a taxing time for the public finds report
The general public’s views and opinions towards tax and public spending are hardening, with people increasingly seeing themselves as paying too much tax in a system that is becoming progressively less fair, according to a survey conducted by progressive think tank Per Capita.
Labour growth offsets income inequality finds Commission
Australians are working more hours for higher hourly wages, driving a two decade long substantial growth in personal and household income, according to a new report released by the Productivity Commission.
Mental health spending hits $6.9 billion
Annual spending on mental health services in Australia has risen to $6.9 billion, according to new figures released by the Australian Institute of Health and Welfare (AIHW).
Work smarter on plan urges NWC
A renewed focus and cooperation between State and Federal Governments is sorely needed if real reform of the management of the Murray-Darling Basin is to be achieved, a new report by the National Water Commission (NWC) has found.