On 13th December 2023, Treasurer Jim Chalmers and Finance Minister Katy Gallagher released the Albanese Government’s mid-year budget update. The complete MYEFO budget document can be accessed here. The mid-year update illustrates: The underlying cash balance is forecast to be a smaller deficit of $1.1 billion in 2023-24. Over the five years to 2026-27, the… Continue reading Mid-Year Economic and Fiscal Outlook (23-24)
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Cyber Security Strategy
On the 22nd of November, 2023 Cyber Security Minister Clare O’Neil released the 2023-2030 Cyber Security Strategy (The Strategy) available here. In addition to the $2.3 Billion of existing initiatives, the Government has committed $586.9 million to implement the goals outlined in the Strategy. This includes: The strategic plan delineates six cyber shields designed to… Continue reading Cyber Security Strategy
Privacy Act Review Report – Government’s Response
On the 28th of September 2023, Attorney General Mark Dreyfus KC MP released the Government’s response to the Privacy Act Review Report. The Privacy Act Review Report, available here, summarises a two-year review of the Privacy Act 1988 (The Act) in Australia. The Privacy Act Review Report includes 116 proposals, a summary of the proposals… Continue reading Privacy Act Review Report – Government’s Response
Victoria’s Housing Statement
20 September 2023 This morning the Andrews Labor Government released Victoria’s Housing Statement. The statement outlines the Government’s plan to build an extra 800,000 new homes over a decade through planning reforms. The statement also includes a 7.5% levy on short stay accommodation, rental reforms, and a plan to redevelop all of Victoria’s 44 high-rise… Continue reading Victoria’s Housing Statement
2023-24 NSW Budget
On 19 September, New South Wales Treasurer the Hon. Daniel Mookhey MLC delivered the first Budget of the Minns Labor Government and the first Labor Budget since 2010. The approach of Labor in New South Wales is based on responsibility and reward, inclusion and opportunity. Economic stability creates social stability. Opportunity and reward rely on… Continue reading 2023-24 NSW Budget