Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Sat, Feb 07, 2026 03:42 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Kate Griffiths

Associate, Grattan Institute

Kate Griffiths is a researcher at the Grattan Institute. Kate has previously worked for The Boston Consulting Group and for the Commonwealth Department of Industry, Innovation, Science, Research and Tertiary Education. Kate holds a Masters in Science from the University of Oxford and a Bachelor of Science with Honours from the Australian National University.

The budget is full of good news, but good news isn’t the same as good management

May 16, 2024 01:44 am UTC| Insights & Views Economy

This years budget has something for everyone, with very little in the way of cuts and no new taxes. Its a classic good news pre-election budget. Whether it is too good to be true hinges on whether this budget...

Political donations rules are finally in the spotlight – here’s what the government should do

Mar 19, 2024 11:28 am UTC| Insights & Views Politics

Australias political donations rules are woefully inadequate, but donations reform is finally on the agenda. The federal government has signalled its interest in reform and will soon begin briefing MPs on its plan. Greater...

Treasurer Chalmers has a $70 billion a year budget hole: we've found 13 ways to fill it

Apr 12, 2023 03:23 am UTC| Economy Central Banks

No one likes spending cuts and tax hikes, but on our estimate the government will soon need more of them if they are going to make a dent in looming A$70 billion a year budget deficits. A new Grattan Institute report,...

All governments are guilty of running political ads on the public purse. Here's how to stop it

Oct 11, 2022 04:30 am UTC| Politics

If you watch TV or read the paper, youve probably seen ads spruiking the achievements of the federal or state government from the next big transport project to how theyre reducing the cost of living. While some government...

$177 million flowed to Australian political parties last year, but major donors can easily hide

Feb 02, 2022 08:58 am UTC| Politics

The Australian Electoral Commission has updated its database of financial disclosure information for 2020-21. This happens once a year and is keenly watched by political observers because it includes information about...

More than half of funding for the major parties remains secret — and this is how they want it

Feb 02, 2021 13:57 pm UTC| Insights & Views Politics

Political parties in Australia collectively received $168 million in donations for the financial year 2019-20. Today, Australians finally get to see where some of the money came from with the release of data from the...

States and territories have improved integrity measures, but Commonwealth lags far behind

Nov 04, 2018 13:11 pm UTC| Insights & Views Politics

This week were exploring the state of nine different policy areas across Australias states, as detailed in Grattan Institutes State Orange Book 2018. Read the other articles in the series here. When it comes to cleaning...

1 2

Economy

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

The United States and India have taken a significant step toward a long-anticipated bilateral trade agreement by releasing an interim trade framework aimed at lowering tariffs, reshaping energy ties, and strengthening...

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination

Gold and silver prices climbed on Friday, closing out an exceptionally volatile week in the precious metals market following a historic selloff. The turbulence was sparked by the nomination of former Federal Reserve...

Politics

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

U.S. Lawmakers to Review Unredacted Jeffrey Epstein DOJ Files Starting Monday

Members of the U.S. Congress are expected to gain access to the unredacted version of the Department of Justices files related to convicted sex offender Jeffrey Epstein beginning Monday morning, according to a report from...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....