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Australian politics live: Trade minister says Coalition MPs walked out of meeting on EU trade deal; RBA warns staff to accept pay deal or miss out

Published . Updated .

Follow the day’s news live. Get our breaking news email , free app or daily news podcast Australia missing out on $45bn of revenue from resources: Greens As Labor prepares to introduce its bill for a gas reserve, the Greens are pointing out that there are tens of billions being left on the table because the government won’t properly tax the resource. We’re giving away billions in resource wealth while families struggle to pay the rent, put food on the table and afford basic healthcare. Labor can find billions to prop up the fossil fuel industry, but when it comes to making corporations like Santos, Woodside and Adani pay a fair return, suddenly it’s all too hard. The prime minister has a kink for punishing small businesses and a fetish for humiliating his treasurer. So I say this is a consistent pattern of behaviour where the prime minister constantly goes in, overrides his treasurer, humiliates him in public. I suspect it’s going to sour the relationship somewhat. Continue reading...

Directly affected

  • No company is named in this report.

Indirectly affected

  • LMT Lockheed Martin

    Defense contractors get more work when conflict spending rises

  • RTX RTX

    Defense contractors get more work when conflict spending rises

  • NOC Northrop Grumman

    Defense contractors get more work when conflict spending rises

  • GD General Dynamics

    Defense contractors get more work when conflict spending rises

  • XLV Health Care Select Sector SPDR

    A fund of health-care companies

  • XBI SPDR S&P Biotech

    A fund of biotechnology companies

  • ITA iShares U.S. Aerospace & Defense

    A fund of aerospace and defense companies

  • BA Boeing

    Defense and aerospace orders move with conflict spending

  • LHX L3Harris

    Defense contractors get more work when conflict spending rises

  • HII Huntington Ingalls

    Shipyards benefit when naval spending rises

Price reaction, T-5 to T+3

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Follow the day’s news live. Get our breaking news email , free app or daily news podcast Australia missing out on $45bn of revenue from resources: Greens As Labor prepares to introduce its bill for a gas reserve, the Greens are pointing ou…

Source: The Guardian

Defense

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How solid the defense case looks

12 out of 100

“Australian politics live: Trade minister says Coalition MPs walked out of meeting on EU trade deal; RBA warns staff to accept pay deal or miss out” scores 12 out of 100. The score uses 1 sources.