Australia Government

Healthscope's lenders are poised to endorse a rescue plan that will transform the nation's second-largest private hospital operator into a not-for-profit entity.

New PBO analysis revealed the CGT discount will cost the budget $247 billion over 10 years, sparking calls for urgent reform to address housing inequality.

Australia's sovereign wealth fund has delivered a powerhouse performance for 2025, with the Future Fund reporting a 12.4% annual return that added a staggering $29.54 billion to its coffers.

Reserve Bank of Australia Governor Michele Bullock has defended the central bank’s recent pivot to a more hawkish stance.

Australia's Treasurer Jim Chalmers has named Sarah Court as the next chair of the Australian Securities and Investments Commission.

The Federal Court has ordered Australian Unity Funds Management to pay a $7.1 million pecuniary penalty following significant breaches of design and distribution obligations.

Prime Minister Anthony Albanese and state premiers have finalised a historic five-year health agreement, injecting an additional $25 billion into Australia’s public hospital systems.

The Labor Environment Action Network, the ALP’s most influential environmental wing, has launched a high-stakes campaign to strip major mining companies of billions of dollars in fuel tax credits.

Australian Prime Minister Anthony Albanese arrived in East Timor on Jan. 28, marking his first official visit as leader to the strategic northern neighbour.

The Albanese government will fast-track approvals for energy-intensive data centres in a bid to capture investment from the global artificial intelligence boom.

Nearly five million social media accounts belonging to Australian teenagers have been deactivated just a month after the country implemented a world-first ban on under-16s.

Reserve Bank of Australia governor Michele Bullock has joined a group of leading central bankers in publicly backing US Federal Reserve chair Jerome Powell.