business

A shipping company’s attempt to avoid paying millions of dollars to Tasmania’s port authority over the sinking of two tugboats in Devonport has been overturned by Australia’s High Court. Source link

Queensland’s largest gold mine has set a refinancing deadline, despite high global gold prices. Source link

Other funding boosts for the ACT revealed in the budget papers include $50 million to duplicate Drake Brockman Drive in West Belconnen, aimed at servicing the area’s growing population, and almost $10 million for the National Film and Sound Archive.  Source link

How much the budget measures could benefit you depends on how much you earn. Source link

The branded tower proposed for Surfers Paradise would have been Australia’s tallest building. Source link

As the nation digests the budget, Australian shares are set for another day of losses, with the SPI futures pointing to 0.1 per cent fall by the ASX 200 after a mixed night on Wall Street. Follow our live markets blog. Source link

The Coalition accuses the prime minister of “lying” about changes to tax settings as Anthony Albanese defends the overhaul as necessary for younger Australians.   Source link

The High Court will hear a major climate change case that could affect mining approvals, as the operator of the Mount Pleasant coal mine seeks to overturn a ruling blocking the project’s extension. Source link

The ABC has asked Australians across generations, from gen Z to baby boomers, about the latest federal budget. Source link

There’s no doubt that taking away negative gearing on existing properties will reduce the amount many investors can afford to pay, evening up the playing field for owner-occupiers. But these tax changes by themselves aren’t a cure all. Source link