One-stop complaints scheme for banks and insurers tipped in federal budget
The budget will make it easier to complain about banks
Tom McIlroy is a political reporter for Fairfax Media in the federal press gallery at Parliament House.
The budget will make it easier to complain about banks
Tax Commissioner Chris Jordan will get another seven years at the head of the Australian Taxation Office, with the agency looking to hit more multinationals with tax bills amounting to $4 billion.
Former Liberal minister Andrew Robb pressed the Turnbull government to hold a royal commission into the banks but one with a narrower scope to stymie the Labor party's assault on the major banks, cabinet sources say.Â
Communications Minister Mitch Fifield has urged Australia Post chairman John Stanhope to appear at Senate estimates in two weeks to justify the high salaries at the government-owned business.
Oil giant BP has dumped controversial plans to drill in the Great Australia Bight, ending a proposal which raised fears of an environmental disaster.
Prime Minister Malcolm Turnbull has called on the big banks to pass on the full official 0.25 per cent interest rate cut or explain to customers why they won't.
Canberra's national cultural institutions were hit hard by the budget.
The ACT government will receive an extra $37 million in federal funding for health and education.
Wind power will be provided for another 48,000 Canberra homes as part of the government large-scale reverse auction.
The capital express route linking Canberra with Singapore and Wellington will take off from September.
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