Federal Politics

'Living in a fool's paradise': Business sounds budget alarm

Business Council chief executive Jennifer Westacott.

The Business Council of Australia has sounded the alarm over the federal budget, warning the Turnbull government its plan to return to surplus by 2020-21 is "fragile" and calling on the Parliament to back further spending cuts.

Consumer confidence in housing at lowest level in 40 years

Housing confidence has plummeted.

Consumer confidence in the Australian housing market has collapsed to its lowest level in 27 years, with the proportion of Australians believing real estate was the wisest place to put savings falling to below 12 per cent, the lowest level since 1974.

Unions, Labor split over ACTU 'law-breaking' call

ACTU secretary Sally McManus has refused to back down on her comments that some laws should be broken.

The labour movement has split in the wake of controversial comments from the ACTU's newly minted secretary Sally McManus defending law-breaking industrial behaviour that has sparked a furious government attack on the Opposition.

40 years later, the Snowy Mountains Scheme is back in vogue

A Sydney Morning Herald drawing showing Sir William Hudson in front of one of the Snowy Mountains Scheme dams.

It is easy now, as thousands stream blithely each winter to the ski fields of the Snowy Mountains, to overlook the monumental events of last century on those heights that still affect our daily lives and our industries, and how, in the exploitation of the high country, Australia was transformed, economically and culturally.

Fears that 'significant' coral mortality is still to come

Eyes are on us: Coral bleaching has returned to the Great Barrier Reef - and other reefs - in 2017.

The world is 33 months into its biggest recorded coral bleaching event with little sign of it ending, raising the prospect that coral mortality on the Great Barrier Reef will increase "significantly" from the quarter already lost in the past year, scientists say.