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Finance
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Finance
SA Taxpayers Owed Millions After $1.5B ZEN Energy Collapse and Phantom Solar Farm Deal
Creditors are owed $1.1 billion following the liquidation of electricity retailer ZEN Energy. South Australia’s $1.53 billion power agreement promised 810 jobs alongside major solar and battery builds, but the projects were quietly scrapped while state power purchases continued until 2026.
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Breaking
Pauline Hanson fights for your choice to buy your home before Labor raids super for net zero projects
Labor rewrites rules to siphon your $4.4 trillion super pool into net zero projects, yet bans you from using your own money to buy a home. As debt traps older Australians, Singapore proves retirement savings can secure shelter. Canberra panics because homeownership breaks their grip on your wealth.
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Politics
Labor won't ban imports made by Chinese forced labour, and our sheep farmers are paying for it
The Americans are standing up a navy base in Western Australia and lending $566 million to an Australian mine. The only way to lower the tariff is to ban the goods, and Albanese won't do it.
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Politics
Pauline Hanson calls the $2.5 billion Tomago rescue a band-aid on Labor's own net zero policy
Taxpayers will spend $2.5 billion keeping Tomago open, and the same government's Safeguard Mechanism will keep cutting the emissions limit the smelter has to meet by 4.9% every year it stays open.
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Finance
Jim Chalmers says productivity is too low as the Reserve Bank pushes any recovery out to 2028
Westpac and the Commonwealth Bank say your mortgage rate isn't coming down for years yet, and first home buyers on tiny deposits will feel it first.
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Politics
Labor blocked the widow tax debate twice in one day, then told the Senate it doesn't exist
Katy Gallagher, who holds the women's portfolio, told the Senate a debate about widows and domestic violence victims was a political stunt.
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Finance
Labor's spending addiction caused the inflation that keeps rates at 4.35%, not Iran's war
Underlying inflation hasn't touched the target midpoint since 2021, five years ago, and the war in the Middle East only started in February
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Politics
$9 billion Moore Point city axed: 11,000 Sydney homes gone, could Chris Minns have saved it?
The withdrawal letter cites feasibility: building costs up, prices falling, flood rules unsolved. The owners asked to keep the land industrial.
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Finance
The ATO paid $2 billion to a TikTok scam. Now its AI is reading the receipts on your tax return
Banks, employers and crypto exchanges feed the tax office 600 million records a year, and there are strict rules for claiming AI tools.
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Global Affairs
Trump built the buyer, then the bank, and an Australian scandium mine got the $566 million
Robert Friedland sat with the producers in the Oval Office in February. His Fifield mine now has a US$400 million loan.
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Finance
Tanya Plibersek says buy now, but an average Sydney couple is $154,000 short of the median unit
We ran an average young Sydney couple through the banks, the schemes and the price falls. The maths says they wait.
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Finance
Jetstar will now charge to use the overhead locker. We priced the trip and it isn't cheapest
Jetstar's fare is the cheapest right up until you pack a suitcase. Then Virgin's Choice fare quietly undercuts it by $8.
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Politics
Jim Chalmers said nothing was wrong. Public backlash forced him to write the widow tax fix
Pauline Hanson has now put One Nation behind David Pocock, and the consultation closes the day after parliament rises.