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Credit rating agency's budget comments highlight ongoing concerns about NZ's current account deficit; Govt bond issuance revised up $20b over 4 years
West Australian Premier Mark McGowan has handed down a budget surplus of $3.3 billion, and the state is on track for 10 consecutive years in the black, buoyed by overflowing mining royalties.
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We're importing much more than we're exporting. What's the big deal?
Labor’s victory will mean continuing massive cuts to real wages, with tiny nominal increases that the government and the union bureaucracy hope will subdue mounting anger in the working class.
Unions heralded a “new dawn” for wage negotiations after Labor’s resounding victory in NSW, prompting a key credit rating agency to warn of knock-on effects for other states.