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The Latest Breaking News from Peter Costello

Treasurer to take fresh look at Future Fund

Australia's sovereign wealth fund could be in for a shake-up, including new personnel, as the Labor government continues its renewal of institutions.

AAP

Strong political leaders are electoral gold – but the trick is in them knowing when to stand down

March this year marked the 60th anniversary of a famous “gotcha” moment in 1963, when Labor leader Arthur Calwell and his deputy, Gough Whitlam, were photographed outside the Hotel Kingston in Canberra.

The Conversation

If you are really worried about the next generation, the only thing that matters is climate change

The only thing the current generation absolutely needs to do for the next generation is stop burning fossil fuels as quickly as possible

The Guardian - AU

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Paul Bongiorno: Prepare for another tax and spend budget

The rituals of the budget are as predictable as they are frustrating, including the mantra that all Labor governments do is tax and spend.

The New Daily

First surplus in 15 years expected as Albanese government delivers second budget

If the federal government's forecast is realised, Jim Chalmers would be the first treasurer to deliver a surplus since Peter Costello.

ABC News

At last Macquarie bankers speak. But did anybody listen?

A new book has offered rare insight into the Macquarie Group, which has an extensive history of keeping shtum on internal affairs.

Crikey

Tax breaks cost a reported $250 billion, but handle these new figures with care

Treasurer Jim Chalmers promised a Tax Expenditures Statement by the end of February – and he delivered this week, just in time, on Tuesday February 28.

The Conversation

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Forget the cries of socialism and class warfare, super is no longer politically untouchable

The hysterical response to changes in superannuation policy, led by the Murdoch press, is not as effective as it used to be

The Guardian - AU

Paul Bongiorno: Government needs to play the politics of broken promises carefully

The worst thing a government can do, according to opposition politicians and some of the commentariat, is to break election promises.

The New Daily

Former treasurer Peter Costello criticises both Labor and Coalition over their economic management

The former Liberal treasurer has some harsh words for governments past and present.

ABC News

Friends in need and deed

Former treasurer Josh Frydenberg’s loyalty to his boss Scott Morrison didn’t work out well for him, but US President Joe Biden’s friendship with PM Anthony Albanese played out well for Australia at the East Asia Summit in Phnom Penh on Sunday.

Crikey

Has Australia finally got over its embarrassing surplus obsession?

It appears Labor has accepted that economic reality trumps sheer bloody will. Could this represent a seachange in Australian politics?

Crikey

Swan’s way: are the treasurer’s plans shaped by his past?

Will Jim Chalmers — like his mentor, former treasurer Wayne Swan — pursue fiscal consolidation at the expense of unemployment and wages?

Crikey

Fear and loathing in the vagueness as Howard examines Liberal ideology

If this is indeed John Howard’s final book, the former PM is using what remains of his cultural capital to spruik his fantasy vision of Australia.

Crikey

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AAP

ACA journalist faces court over assaults

A Current Affair reporter Seb Costello has faced a Melbourne court after being charged with assaulting a man and woman in Richmond.

Crikey

Watchdog’s bite muzzled for now

Despite Anthony Albanese vowing to pass legislation for a federal anti-corruption commission this year, the suspension of Parliament after the death of Queen Elizabeth has meant that’s been shelved, plus the queen’s body is now in Edinburgh in stage one of her journey back to London.

Crikey

James Packer to Crikey: I should have driven Sportsbet’s multibillion-dollar rise

What keeps James Packer up at night? Apparently a ‘failing’ that it wasn’t him and Crown that built a now foreign-owned gambling giant.

AAP

Nine launches buyback off record profits

Nine will buy back up to 10 per cent of the company's shares after announcing record profits for 2021/22.

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news in one place.

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Crikey

James Packer does his own spin-doctoring — but he needs to join Twitter

The billionaire is weighing in on all sorts of issues, but if he wants his message out there he should consider learning how to tweet.

The New Daily

Michael Pascoe: Money laundering and corrupt cash in real estate – another item for Labor

There is a lot on Labor’s agenda for fixing, but a place needs to be found ending real estate being used for money laundering and investing corrupt cash.

Crikey

More power to him

PM Anthony Albanese is chasing up whether or not former PM Scott Morrison swore himself into more than three ministries, and another former PM, Malcolm Turnbull, says the whole affair is ‘sinister’.

The Guardian - AU

Nine publisher says he was not contacted by Peter Costello over Nine’s Crown coverage

James Chessell sends email to staff after both he and the Nine chairman were the subject of an email attack by James Packer

Crikey

James Packer ruins Peter Costello’s birthday bash with allegations about ‘secret $300k lobbying’

It has been claimed by James Packer that Peter Costello was secretly paid $300,000 by him or on his behalf to lobby Victoria’s gaming minister, and seemingly failed to deliver.

Crikey

Adviser or lobbyist? Costello’s future hangs on what he did for Packer

What’s the difference between a consultant and a lobbyist? For Peter Costello and James Packer, a world of difference.

Crikey

RBA boss Philip Lowe is on the TV. Should we be worried?

A prime-time TV appearance by the governor of the RBA may have been engineered to calm nerves, but what is he really trying to tell us?

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