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    Ed Husic has called for a reduction in the corporate tax rate.

    AI minister: Cut company tax to boost robotics, automation

    A call by Ed Husic to cut taxes on corporate profits to encourage investment in advanced manufacturing has been applauded by business but exposed a split in the cabinet.

    • Phillip Coorey
    Simon Kennedy delivered his maiden speech on Tuesday night.

    Reform GST to abolish stamp duty: Liberal MP

    Newly elected Cook MP Simon Kennedy says states and territories should compete for housing and infrastructure funding.

    • Tom McIlroy

    EU critical minerals deal a boost for ‘green premium’ nickel

    A new MoU between Australia and the European Union will smooth the way for investment in resources projects.

    • Andrew Tillett

    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.

    • Updated
    • David Rowe

    Giles orders urgent review into criminal ‘migrants’

    Immigration Minister Andrew Giles says he is looking at freshly cancelling the visas of non-citizens who a tribunal has stopped from being deported.

    • Andrew Tillett

    Young royals face National Service under Sunak’s election plans

    There’s nothing new in royalty doing military service, as Britain’s European neighbours can attest.

    • Amy Gibbons

    Opinion & Analysis

    Husic, inadvertently perhaps, has rained on the budget centrepiece

    Industry Minister Ed Husic articulated a long-held view that the government needed to consider lowering the company tax burden to spur investment.

    Phillip Coorey

    Political editor

    Phillip Coorey

    Someone will have to bite the bullet and raise taxes

    It’s delusional to think that we can find large new areas to spend money on without the overall cost of government going up. But whoever raises taxes first will have an advantage.

    Laura Tingle

    Columnist

    Laura Tingle

    The republican crown needs a new head: who will step up?

    The Australian Republican Movement throne need not be empty for long considering this shining array of talent.

    Rowan Dean

    Satirist

    Rowan Dean

    There’s a super-sized hole in the budget. Here’s why

    The forecast bounce in the tax take on superannuation will not happen because we’ve massively overdone the concessions that take from poorer and give to richer Australians.

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    Yesterday

    Industry Minister Ed Husic called for a reduction in the corporate tax rate.

    Husic, inadvertently perhaps, has rained on the budget centrepiece

    Industry Minister Ed Husic articulated a long-held view that the government needed to consider lowering the company tax burden to spur investment.

    • Phillip Coorey
    Concern is growing over the rise of antisemitism in Australia.

    Human Rights Commission’s ‘silence deafening’ on antisemitism

    Former regulator Graeme Samuel has taken aim at the Human Rights Commission for it’s ‘deafening silence’ on the rise of antisemitism.

    • Patrick Durkin and Andrew Tillett

    AI brain drain likely, but Australia has a natural advantage

    AI talent and funds will inevitably head to the US but Australia’s advantage in renewable energy could help power the data centres needed to run them. How the day unfolded.

    • Updated
    • Campbell Kwan
    Brief 28 May index

    Husic’s tax call | Lendlease’s UK handbrake | ‘River to the Sea’ explained

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

    Ed Husic has called for a reduction in the corporate tax rate.

    Husic calls for lower corporate taxes

    Industry Minister Ed Husic has called for a lowering of corporate tax, either via direct reduction in the rate or through an economy-wide investment allowance.

    • Phillip Coorey and Kylar Loussikian
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    This Month

    Measures in this year’s budget raise the spectre of an early election.

    Health spending outstrips tax cuts in budget beauty contest

    Defence spending and paying superannuation on public paid parental leave, were the two least popular measures in the federal budget, a new survey reveals.

    • Phillip Coorey

    Qld’s 50¢ bus fares are a desperate political gimmick

    Cutting public transport fares to 50¢ is another ratcheting up of a fiscally irresponsible political culture that expects governments to endlessly buy votes.

    • The AFR View
    Mount Scopus principal Dan Sztrajt said he had added extra security because students at his school felt unsafe.

    School graffiti attack builds heat on government over antisemitism

    The government could not say whether a graffiti attack on a Jewish school would be covered by proposed new hate laws.

    • Phillip Coorey
    Migrants who are young, skilled and prepared to move to regional areas should get priority in Australia’s migration test, business says

    Young, ready to go regional: the migrants business wants most

    Australia should prioritise full-time workers who have settled in locations with the biggest skills shortages, big four firm KPMG says.

    • Tom McIlroy
    Opposition immigration spokesman Dan Tehan says the Coalition would prioritise skilled migration while reducing the overall migration intake.

    Foreign ‘power couples’ could head the queue under migration revamp

    Amid business fears migration cuts will worsen labour shortages, the Coalition wants foreign workers’ partners to have skills that contribute to the economy.

    • Andrew Tillett
    Lisa Wilkinson outside the Federal Court in Sydney in February.

    Wilkinson seeks $1.8 million in costs for Lehrmann trial

    Ten has ‘limited’ chance of recouping costs; PNG landslide death toll estimated to be at least 670; Israeli airstrikes kill at least 35 in Rafah; Marles denies go-slow on Ukraine aid request. Here’s how the day unfolded.

    • Updated
    • Maxim Shanahan
    Prime Minister Anthony Albanese.

    Readers back production tax credits, wary of immigration cuts

    Most readers of The Australian Financial Review support the Albanese government’s production tax credits, but less than a third back his immigration cuts designed to tackle the housing crisis.

    • Updated
    • Gus McCubbing
    Japanese shipbuilder Mitsubishi Heavy Industries Mogami 30FFM frigate.

    Questions surface over fast-tracked $10b warships

    Shipbuilders have been given just three weeks to outline their opening pitch to build new frigates for the navy.

    • Andrew Tillett
    China’s Premier Li Qiang will meet Prime Minister Anthony Albanese next month in Canberra.

    Foreign student crackdown looms over Li Qiang visit

    Chinese Premier Li Qiang will head to Australia next month amid uncertainty over new curbs on universities enrolling thousands of Chinese students.

    • Andrew Tillett
    Anthony Albanese and Peter Dutton,

    Labor faces minority government threat, poll shows

    A year out from the next federal election, a huge new poll on Anthony Albanese and Peter Dutton’s prospects shows that at least 10 seats are too close to call.

    • Tom McIlroy
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    More than half of skilled migrants are working in occupations they are overqualified for.

    Migrants are ‘driving Ubers’, not working skilled jobs

    More than half of skilled migrants are working in occupations they are overqualified for, suggesting that Australia is failing to capitalise on foreign workers to fill skills shortages.

    • John Kehoe
    Attorney-General Mark Dreyfus.

    New hate speech laws in focus as social cohesion frays

    Anti-Semitic graffiti scrawled on the fence of a Melbourne Jewish school has been condemned by the prime minister as the government considers tougher penalties for hate speech.

    • Poppy Johnston
    Minister for Home Affairs and Cyber Security Clare O’Neil and Secretary of the Department of Home Affairs Stephanie Foster.

    Crisis-focused Home Affairs fails to prepare for security threats

    A review of the $6.3 billion Home Affairs department has found it is too focused on crisis management, and lacks the trust of other key intelligence agencies.

    • Tom Burton
    Meetings with BHP chief executive Mike Henry, Woodside boss Meg O’Neil, and News Corp chairman Lachlan Murdoch were all listed in the PM’s diary.

    Albanese’s diary reveals the CEOs who scored access in 2023

    Absent from the diary was a black-tie gala to celebrate Qantas’ centenary, at which the PM gave a speech and was photographed on the red carpet with Alan Joyce.

    • Ronald Mizen
    Adam Bandt is under fire from the Jewish community.

    Bandt lashed for failing to back two-state solution to end Gaza war

    Jewish leaders say the Greens are the “friends of terrorists, foe of democracy” over pro-Palestinian Middle East stance.

    • Andrew Tillett