Nick McKim
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Greens ask if treasurer can exempt homeowners in his electorate from CGT changes
Greens question whether Jim Chalmers could exempt homeowners in his electorate from CGT changes Thu 4 Jun 2026 at 3:04pm In short: The Greens have indicated the party is willing to help Labor pass its tax laws But they hold concerns about the specifics contained within the bill which could allow treasurers to "fundamentally alter" the laws Meanwhile the opposition says it will work with anyone who could block the laws proposed by Labor The Greens have seized upon powers within the...
Could native forests be Cement Australia's 'sustainable' fuel option?
Concerns native forests could be Cement Australia's 'sustainable' fuel option as it moves away from coal Mon 1 Jun 2026 at 7:14am In short: Cement Australia will update a coal-fired kiln in Tasmania to supplement its fossil fuel use with alternative fuel sources such as used tyres and sustainable wood waste. But conservationists say the wood waste, if sourced from native forest logging, could offset the environmental benefit. What's next: The six-week site upgrade at the Railton kiln in...
RBA not concerned about stagflation or wage-price spiral
RBA not concerned about stagflation or wage-price spiral Thu 4 Jun 2026 at 5:49pm In short: RBA governor Michele Bullock says the war in the Middle East is creating a "highly uncertain" environment that could see inflation rising even higher than anticipated. But she is not concerned about stagflation occurring in Australia, nor a wage-price spiral. The RBA Board's next two-day monetary policy meeting will be held on June 15 and 16.