The Latest Breaking News from Joe Hockey

To survive the next two years of economic growth as predicted without tipping into a recession would be astonishing

The federal government spent more subsidising landlords over the past two financial years than funding social housing into the future.

Former US ambassador Joe Hockey has welcomed Kevin Rudd's appointment to the position, saying it will elevate American and Australian ties.

Thirty-two per cent of Australian public companies paid no tax in 2020-21, according to ATO data, although the tax office says most have legitimate reasons for not doing so.

A story from the early days of the Abbott government still circulates in the halls of Parliament House.

“Restraint” – that’s what Treasurer Jim Chalmers claimed as the watchword of Tuesday’s federal budget. Perhaps the claim can be made in general, but when it comes to transport infrastructure, the budget is remarkable not for how different it is to budgets past, but how similar. It has left plenty…

The last time a new government brought down its first budget, in 2014, it was a disaster for all concerned.

The signs were there the Dutton-led Coalition was going down the Abbott path of total opposition, having learned nothing from having its heartland blitzed.

"The footage is shocking."