Live Breaking News & Updates on Budget 2022

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Australian writing and publishing faces 'grinding austerity' as funding continues to decline

Funding for writing and publishing is not just low: it’s also declining. Ben Eltham looks at a grim federal budget for literature, in the context of ongoing neglect for written culture in Australia. ....

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Australia plans to be a big green hydrogen exporter to Asian markets – but they don't need it

New research finds Japan has 14 times more solar and offshore wind energy potential than needed to supply all its current electricity demand. It doesn’t need Australia. ....

Australia , Taiwan , Philippines , Japan , Vietnam , Republic-of , Indonesia , Russia , Pilbara , Western-australia , Russian , Australian

TVs, ACs likely to get expensive from today with new 30 per cent import duty in India

The supply of aluminium ore and concentrate to India through imports will now be taxed at 30 per cent, a move that is likely to affect the appliance industry at large. ....

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[The Viewpoint] Withholding tax on crypto assets: Will it hold back investors?

The real pain point for the stakeholders is the introduction of TDS at the rate of 1% on each and every transfer of crypto assets with effect from July 1, 2022 ....

Tax-deduction , Permanent-account-number , Central-board , Direct-taxes , Crypto-assets , Ax , Virtual-digital-asset , Arter-transactions , Crypto-exchanges , Budget-2022 , Taxation-regime

WATCH LIVE: Anthony Albanese to deliver Budget reply speech ahead of Federal Election campaign

Federal Opposition leader Anthony Albanese has vowed to spend big to improve aged care and promised cheaper childcare and higher wages for millions of workers in his budget reply speech. ....

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