Australians shouldn’t expect a second federal budget surplus in the mid-year update, Treasurer Jim Chalmers says.
Customers will soon face more warnings and delays when transferring money to someone new or upping their payment limits under a major industry-wide crackdown on scammers.
Companies could be subject to tougher anti-competitive merger laws under possible reforms floated by the federal government.
Worker salaries have recorded the strongest quarter of growth in the 26-year history of the official wage price index.
Australia can sustain a lower jobless rate than it has over the past few decades without pushing up inflation, the Reserve Bank of Australia estimates.
Treasurer Jim Chalmers insists Australia can meet its emissions targets but has warned more work is needed between government, industry and unions to deliver the investment to achieve them.