8 result(s) for “Treasury”
Treasury documents and submissions show up to two thirds of spending on new data centres may leave Australia, and officials have not completed a public net benefit calculation. The finding raises fresh questions about tax, jobs and regional planning as federal and state governments try to lock in AI era investment.
Finance Minister Katy Gallagher told ABC Insiders on November 1, 2026 that the government cannot yet guarantee its December mid year budget update will produce net savings, as high inflation, rising debt servicing costs and a likely Reserve Bank rate rise squeeze Canberra's options.
The Albanese government announced a $10 million funding package on October 24, 2026 to complete upgrades at Cloncurry Airport in north west Queensland. The investment aims to prevent an operational downgrade that would have constrained fly in fly out mining services, freight and aeromedical links, with wider implications for regional supply chains and local labour markets.
Official labour data released October 18, 2026 shows unemployment climbed to 4.7 percent in September as employment fell, complicating the Reserve Bank of Australia’s policy outlook and increasing pressure on federal economic policy makers.
At its 2026 research conference the Reserve Bank of Australia set out a clearer framework for so called additional monetary policy tools and flagged the growing role of financial stability risks for business planning.
The NSW Coalition has unveiled a plan to lower payroll tax and raise the tax-free threshold, promising relief for small and mid sized employers. The move injects a tax battleground into the state election campaign and forces scrutiny of budget trade offs and economic impact on jobs and services.
S&P Global Ratings warns that near record federal and state spending, combined with rising interest bills, has left Australia more exposed to economic shocks, complicating the Reserve Bank of Australia’s path back to inflation targets, rating commentators and Australian outlets reported on October 8, 2026.
Rising oil and gas prices are colliding with higher borrowing costs across major economies, creating a difficult combination for households, businesses and central banks as concerns about persistent inflation and weaker growth return.