Treasurer Jim Chalmers says the government’s mission is to invest in a more “productive economy” by adopting technology and doing the “right thing” in energy markets.
“A big part of the budget was our productivity and growth agenda, focused on technology, on energy and on skills, and those are the sorts of investments which can turn around our subpar productivity performance over the best part of the last decade,” Mr Chalmers said.
“One of the government’s missions really is to invest in a more productive economy, not by trying to make sure people work longer for less but to work out ways we can be more productive by adopting technology, doing the right thing in our energy markets and making sure people have the right skills to prosper.”
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Where has the Liberal Party gone?’: Zali Steggall slams Liberals as ‘lazy’The Liberal Party has “abandoned” communities when it comes to the views, values and issues they care about, says Independent Member for Warringah Zali Steggall. “In relation to the Liberal Party, I think the question is, where has the Liberal Party gone?”, Ms Steggall told Sky News host Laura Jayes. “It has gotten lazy and assumed that an attitude of, ‘give me your vote and don’t worry too much about the policies over the next three years’ would be good enough – it’s not.”
Read more »
IR reforms lead to pressures on small businesses which ‘can’t be ignored’Australian Chamber of Commerce and Industry CEO Andrew McKellar says industrial relations reforms for same job, same pay are leading to many pressures on small businesses and “can’t be ignored”. “There are a lot of pressures on business and particularly small business at the moment, those things can’t be ignored, we need to have a discussion about that, we need to understand what those impacts are … it’s right for business to be raising those issues at this point in time,” Mr McKellar told Sky News Australia.
Read more »
Inflation ‘slowly on its way back down’ but not decreasing ‘fast enough’The RBA has signalled it will be increasing rates this year but the big question is whether it will happen as soon as today. Sky News Business Reporter Ed Boyd says a concern for RBA Governor Philip Lowe will be bringing down inflation quickly as it’s 'slowly on its way back down' but not coming down “fast enough”.
Read more »
‘Verbal brawl’: Showdown predicted at Prince Harry’s court caseRoyal commentator Kinsey Schofield predicts a 'verbal brawl' to occur when Prince Harry takes the stand in his court case, with lawyers expected to tear into his credibility. 'Already the representative for the Mirror Group [Newspapers] has brought up Harry's past drug use, has accused him of fabricating evidence, I think he's going to get in Harry's face,' she said. 'I think there's going to be a verbal brawl – because Harry is very aggressive and from what we know this representative ... is already tearing into Harry's credibility.'
Read more »