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 Trump speeds Future Fund's retreat from US marketsAustralia's sovereign wealth fund will seek out more assets in places like Europe and Japan as President Donald Trump makes the US a less attractive place to invest. By AAP Newswire
National Australia slides down economic competitiveness rankingsPoor productivity and economic growth are dulling Australia's competitive edge and sending it sliding down an international economic leaderboard. By AAP Newswire
National School denies soiled nappies, no access to carer claimsA school says it has not blocked a young girl's access to a carer after her grandmother claimed the eight-year-old had been left to sit in soiled nappies in the classroom. By AAP Newswire
National PM's talks with Trump up in the air as president leavesThe prime minister's scheduled meeting with Donald Trump is in jeopardy as the US president prepares to leave an international summit early. By AAP Newswire