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Treasury assumes 'some pass-through' of bank tax

Macquarie Group CEO Nicholas Moore says the bank tax will harm its ability to compete in retail banking.

Treasury's costings for the $6.2 billion tax on banks assume they will pass on some of the impost to their customers, despite the government urging lenders to "absorb" the levy.

Where Sydney’s high school crisis will hit hardest

The overcrowding in Sydney's primary schools is about to shift into high schools.

The overcrowding crisis in Sydney's primary schools is now hitting high schools, as the baby bonus generation starts secondary school and the growth in apartment living puts pressure on areas already battling enrolment booms, new data reveals.

Larkham astonished at Hunt's performance

Experienced: Karmichael Hunt has settled in quickly to the Wallabies back line.

Wallabies attack coach Stephen Larkham says he has never seen a player perform so well on such short notice at No.12 in the way Karmichael Hunt did last weekend against Fiji.

Government in secret bid to secure Gonski deal

Simon Birmingham has a two-pronged strategy over Gonski 2.0.

The Turnbull government has made a series major concessions to the Greens on school funding in a bid to secure the Gonski 2.0 package in the Senate. The proposed deal would be a major breakthrough for the beleaguered government. Education Minister Simon Birmingham has written to the crucial cross bench party granting almost all of its demands for extra funding guarantees etc...

Health stocks hit the sweet spot

Australia's major healthcare stocks have been the standout performers this year, trending steadily higher to grow 22.2 ...

They've soared higher than the mines at the peak of the iron ore price surge. Faster than the bank stocks as the Trump trade inflated the world's financial stocks. And they've done better than utilities and other defensives as the economy slowed down.

AFL runners on the verge of extinction

AFL runner

Nick Maxwell may have inadvertently brought about the extinction of the AFL runner. AFL chief executive Gillon McLachlan confirmed on Friday the league will look at abolishing runners altogether at the end of the season.

Logan mayor lashes MP over council attack

Logan mayor Luke Smith has blasted MP Rob Pyne's use of parliamentary privilege.

Logan mayor Luke Smith has slammed independent Queensland MP Rob Pyne for attempting to smear his election campaign dealings under the protection of parliamentary privilege.