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The Future made in Australia Act draws a line between nostalgists and strategists, Jim Chalmers says.

Labor’s plan to unlock the right foreign investment

While some investors will get a fast track, extra safeguards will be set up for high-risk proposals, like China entities investing in critical infrastructure.

  • 7 mins ago
  • Phillip Coorey
Chalmers will argue that the Act has exposed a new fault line, between what he calls “the nostalgists and the strategists”.

Chalmers takes aim at his ‘nostalgic’ critics

A risk of drip-feeding the policy is that everyone and their aunty piles on before it is detailed and contextualised.

  • 7 mins ago
  • Phillip Coorey
Prime Minister Anthony Albanese announcing the government will invest nearly $1 billion into Silicon Valley start-up PsiQuantum.

Budget surplus of $13b tipped, but Labor needs a ‘credible’ plan

It could be the second consecutive surplus for Labor and the first time that has happened in almost 20 years. But the longer-term outlook is increasingly bleak.

  • 7 mins ago
  • Ronald Mizen

Labor’s reforms will de-risk foreign investment

The overhaul in the budget will strengthen the review framework where we need to, streamline it where we can, and make it more transparent, writes Jim Chalmers.

  • 7 mins ago
  • Jim Chalmers
April 30, 2024

David Rowe cartoons for May 2024

David Rowe is a multiple Walkley award-winning cartoonist. He draws a daily political cartoon and one for the Chanticleer column.

  • David Rowe
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PsiQuantum has received a grant of almost $1 billion.

Quantum a better bet than burning a billion on solar panels

But even if this is the right place to deploy such a huge sum, we know too little about whether this was the best way to spend it.

  • The AFR View
Domestic violence

Bail rules and offender tracking to lead national cabinet talks

High-risk violent offenders face closer tracking in the community, part of a push by state premiers for tough and immediate new responses to domestic violence.

  • Tom McIlroy
Outgoing Prime Minister Manasseh Sogavare could remain a major player in Solomon Islands politics despite his demise.

Chinese influence lingers in Solomons despite Sogavare ouster

The new Solomon Islands government is not expected to be as overtly hostile to Australia after Manasseh Sogavare declared he will not recontest the prime ministership.

  • Andrew Tillett
More apartments are urgently needed, but supply isn’t keeping up with demand.

Why Australia can’t build enough new homes

The nation’s housing ambitions are way off target. That means the price of new homes and rentals will continue to climb, compounded by still high immigration numbers.

  • Jennifer Hewett
ASIC chair Joe Longo.

White-collar crime goes unpoliced due to lack of funds: ASIC boss

“We would welcome additional funding and … there are matters we would like to run now we don’t,” ASIC chairman Joe Longo told a Senate committee.

  • Ronald Mizen
From left, Jeremy O’Brien and Terry Rudolph.

Quantum investment will bring Australian entrepreneurs home: PM

Anthony Albanese says the government’s $1 billion investment in PsiQuantum will create 400 jobs; Triple zero access to be strengthened after Optus outage; Houthis attack four ships in Indian Ocean, Red Sea. Here’s how the day unfolded.

  • Updated
  • Maxim Shanahan
The fraudster diverted the money to a bank account they controlled.

ATO told scam victim he owed $46k tax refund sent to fraudster

The victim of the scam was told he had to repay the money paid out to someone who had stolen his identity online.

  • Tom McIlroy
Ninette Simons is still recovering after the terrifying ordeal on April 17.

Albanese tries to shift blame on alleged attack by freed detainee

Labor is under fresh pressure over its management of immigration detainees set free by the High Court after the alleged bashing of a Perth grandmother.

  • Andrew Tillett
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Bonza planes repossessed; CEO-elect quits; BHP rivals emerge

Read everything that’s happened in the news so far today.

April 30, 2024

David Rowe cartoons for April 2024

David Rowe is a multiple Walkley award-winning cartoonist. He draws a daily political cartoon and one for the Chanticleer column. You can see all of his political cartoons for April 2024 here.

  • Updated
  • David Rowe
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Yesterday

Students at Sydney University: The Albanese government is mindful of damaging the international student industry.

Government baulks at hard caps on foreign student numbers

The Albanese government is shying away from a Canadian-style hard cap on foreign student numbers and will opt for more nuanced measures to control migration.

  • Phillip Coorey and Julie Hare
Prime Minister Anthony Albanese at the rally in Canberra on Sunday to call for action to end violence against women.

Albanese confronts domestic violence crisis

Women are angry, and the prime minister is dodging criticism even as he calls an emergency meeting of national cabinet on domestic violence.

  • Updated
  • Jennifer Hewett
Tagging Prime Minister Anthony Albanese as ‘Airbus Albo’ says much about what’s wrong with politics in Australia.

Albanese out, Pope in for G7 summit

Despite Australia being a regular fixture in recent years, Anthony Albanese is off the guest list for the June leaders’ summit of the world’s most advanced economies.

  • Andrew Tillett
Prime Minister Anthony Albanese leaves after addressing a rally in Canberra on Sunday that called for action to end violence against women.

Politicians alone cannot stop violence against women

Malcolm Turnbull best summed up the challenge a decade ago when he sought to address domestic violence. The challenge for Anthony Albanese is little different.

  • Phillip Coorey
Height limits around Ku-ring-gai council’s transport hubs will immediately be raised to six storeys to increase housing.

The NIMBY council singled out by Minns for rejecting density

The NSW government has released its reforms for increasing housing near transport, and will immediately enforce it on the one council that has opposed density.

  • Updated
  • Campbell Kwan