University students would pay a greater proportion of education costs and start repaying their student loans at a lower income threshold under recommendations by the audit commission.
Australia’s manufacturing sector has slipped further into recession, according to figures released on Thursday, sparking warnings that any tax hikes in the government's May budget could pile more pressure on the industry.
Grants such as Tony Abbott’s controversial pre-election funding for the Cadbury factory in Tasmania should be abolished, according to the Commission of Audit report.
Tony Abbott says we should not ask what’s in the budget for “me” but what’s in it for “us”. He wants us all to take a bit of pain for the good of team Australia.
Australian drinkers should not be forced to pay a minimum price for alcohol even though the move would probably reduce booze-fuelled harm, the National Preventive Health Agency (NPHA) has said.
The Abbott government has begun the public sales pitch for a temporary personal income tax increase, arguing it is the only way for higher income earners to share the “immediate” budget pain while longer term “structural” savings take effect.
Families will face large rises in the cost of living if the recommendations of the audit commission are introduced.