National Biggest winners and losers in federal budget revealed By AAP Newswire May 9, 2023 The biggest winners and losers from the federal budget have finally been revealed. -AAP Image WINNERS AND LOSERS IN THE 2023/24 BUDGET Hold tight - we’re checking permissions before loading more content WINNERS Welfare recipients - Extra $40 a fortnight Aged care workers - 15 per cent pay rise Clean energy sector - Incentives for households and businesses Renters - 15 per cent lift in Commonwealth Rent Assistance Patients - More bulk-billing and after-hours care -- LOSERS Smokers - Five per cent hike in tax every year for three years Multinationals - 15 per cent global minimum tax Wealthy retirees - Higher tax for balances over $3 million Offshore gas producers - Extra revenue from Petroleum Resource Rent Tax By AAP Newswire Australian Associated Press
National UK to back 50-year AUKUS treaty as US shadow loomsThe United Kingdom has underscored its commitment to AUKUS after revealing it will sign a new 50-year treaty with Australia, amid questions over US involvement in the trilateral security pact. By AAP Newswire
National UK touted as important partner as US uncertainty growsThe United Kingdom has fast become one of Australia's most important defence allies amid turmoil under the Trump administration, a security analyst says. By AAP Newswire
National Marine heatwaves spark major climate change concernsExtraordinary marine heatwaves have been described by an Australian researcher as a wake-up call and sparked concern about their long-term impacts. By AAP Newswire
National Families paying premiums for school catchment zonesFamilies are paying up to $1.3 million more to live in top public school catchments in major cities, but those premiums don't always deliver stronger long-term capital growth, data reveals. By AAP Newswire