Latest news with #AFRWeekend
AU Financial Review
3 days ago
- Business
- AU Financial Review
Final word on North West Shelf still stuck after 12 weeks
Negotiations to secure final approval to extend the life of the massive North West Shelf gas project are stuck over environmental conditions and efforts to safeguard it from likely legal challenges, and the talks look headed into their third month. Woodside Energy and the Albanese government have been locked in talks over the facility's future for nearly 12 weeks, which multiple industry and government sources told AFR Weekend indicated contention over key elements of the conditions imposed on the project.
AU Financial Review
3 days ago
- Business
- AU Financial Review
NDIS black hole risk as states back away from savings measures
A plan for the states to take back responsibility for children with mild developmental issues has been shelved, with the federal government now forced to create a new solution to help reduce the spiralling cost of the NDIS. As the agency's latest quarterly report shows one in 10 children aged five to seven now receive support from a scheme originally intended to care for the permanently and significantly disabled, AFR Weekend has learnt the plan to take those children off the NDIS – supposed to be operational by July 1 this year – has foundered.
AU Financial Review
4 days ago
- Business
- AU Financial Review
3 decades of market data shows one asset you have to hold
There is one clear lesson from 30 years of market data. If you weren't invested in US shares, you have potentially left more than $700,000 on the table. The S&P 500 has by far been the best performer of the six investment categories most typically used by Australian investors, according to exclusive analysis by Vanguard Australia for AFR Weekend. An investment of $100,000 in the S&P 500 made 30 years ago would now be worth $2.14 million.
AU Financial Review
27-06-2025
- Business
- AU Financial Review
Lowe backs GST, company tax shake-up
Former Reserve Bank governor Philip Lowe has urged the Albanese government to consider raising and broadening the GST and lowering company taxes as part of a broader overhaul of the taxation system that ensures future generations enjoy higher living standards than their parents. In a wide-ranging interview with AFR Weekend that also touched on housing, monetary policy and artificial intelligence, Lowe said lifting the 10 per cent GST while encouraging greater investment through cuts to income and company taxes could be 'a sensible reform'.
AU Financial Review
20-06-2025
- Politics
- AU Financial Review
Iran's envoy warns Australia to stay out of Middle East war
Iran's top local diplomat has warned against Australia supporting any US escalation of air strikes against his country's nuclear program, saying American intervention would widen the war and threaten commercial shipping in the Persian Gulf and Red Sea, two major arteries for the world's oil supply. In an interview with AFR Weekend, ambassador Ahmad Sadeghi said any attempt to assassinate Iran's Supreme Leader, Ayatollah Ali Khamenei, as Israel's defence minister has suggested, would also be met with a fierce response.
