Saul Eslake
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Tasmania's population boom has gone bust — and it spells trouble
People aren't moving to Tasmania anymore, and that has implications for the economy Mon 8 Jun 2026 at 5:47am In short: Tasmania's population growth has slowed sharply since its pandemic‑era boom, with the state now recording the lowest growth rate in the country. Experts warn natural population decline and an aging population could pose long-term economic and workforce challenges. The Tasmanian government says it is on track to meet a target of 650,000 people by 2050, while commentators say...
Donald Trump and the fog of war engulf the ACT budget — again
analysis The ACT budget quantifies 'the Trump effect' at $2.3m a day. But homegrown decisions are more costly Thu 11 Jun 2026 at 6:48am Donald Trump wouldn't have a clue — and if he did — he almost certainly couldn't care less about the state of the ACT's budget. Yet the US President, arguably more than the territory's own Treasurer Chris Steel, is very directly adding to the heavy weight dragging on public finances in the nation's capital.
North Canberra Hospital to cost $1.5b, will be ready in 2031
New North Canberra Hospital details unveiled as $1.34 billion commited to redevelopment Tue 2 Jun 2026 at 12:19pm In short: The ACT government has committed $1.34 billion over seven years to the North Canberra Hospital, taking the project's total cost to around $1.5 billion. Stage one of the redevelopment includes a seven-storey clinical services building which will house a "state-of-the-art" emergency department, eight operating theatres, more than 200 in-patient beds, and a birth centre....
Why some homeowners like Meg are at risk of slipping into negative equity
Falling house prices bring relief for some while a financial nightmare for others Thu 4 Jun 2026 at 4:50am In short: Some who have recently bought into Australia's property market may have slipped into negative equity and owe the banks more than their homes are worth. A decline in property prices has pulled the government's recently expanded 5 per cent deposit scheme into focus. What's next: The treasurer says he is not worried about those at risk of falling into negative equity, while the...
Several infrastructure projects put on backburner as ACT 'at peak construction'
ACT government to put some infrastructure projects on backburner to help relieve budget pressure Sun 7 Jun 2026 at 7:00pm In short: Several ACT government infrastructure projects will be put on the backburner, while others will be broken into stages to reduce budget pressure. Details of exactly which projects will be affected will be confirmed in Wednesday's budget, but Chief Minister Andrew Barr say the adjustments are expected to save the government $700 million over four years. Mr Barr...
GST push to follow SA budget, treasurer says
GST push to follow SA budget, treasurer says — but opposition wants it spent on debt Fri 5 Jun 2026 at 6:19pm In short: Treasurer Tom Koutsantonis is pushing to secure SA's share of GST money, which will account for around 30 per cent of state revenue in the next financial year. The opposition says a recent GST "windfall" should be used to counter the state's debt, which is expected to hit $53 billion within the next few years. The federal government's "no worse off" guarantee to compensate...
Debate over house prices 'invokes terror' in politicians
Falling house prices would ease inflation but politicians find the question much more complicated Fri 5 Jun 2026 at 6:33am In short: Politicians have hesitated to weigh in on whether it would be good or bad if prices fell. One economist says house prices falling will ease inflation but would upset many voters. The government has passed its budget tax reforms through the House of Representatives, but will need the support of the Greens to pass them in the Senate.