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Albanese urged to ‘secure the future of science’ as CSIRO reckons with ongoing decline in funding

CEO Doug Hilton says the agency’s budget allocation ‘has not kept up with the cost of doing science’Get our breaking news email, free app or daily news podcastCSIRO will embark on further cost- cutting to research units in a bid to repair a multimillion-dollar budget shortfall, as Australia’s national science and research agency reckons with an ongoing decline in funding.The institution’s annual funding level as a percentage of GDP has been falling with few exceptions over recent decades and is now at its lowest since 1978, a parliamentary library analysis commissioned by ACT senator David Pocock showed. Pocock requested data from 1980 in the analysis. Continue reading...

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Minister urged to release advice amid concern overhaul of NSW housing laws may lead to coalmine approvals

Greens MP Sue Higginson said Icac had confirmed to her it had not reviewed the bill, but had given general advice on some elements of itGet our breaking news email, free app or daily news podcastThe New South Wales planning minister, Paul Scully, is under pressure to release details of advice he has sought on corruption risks associated with a major overhaul of the planning system designed to speed up housing.Environmental groups and integrity experts have warned the new planning reforms go well beyond setting up a fast track for housing and would give the minister and his departmental secretary extraordinary powers to wave through development like mines without proper environmental assessment. Continue reading...

Superannuation tax changes: new rules have been proposed for your super – here’s what you need to know

Major changes announced by Jim Chalmers include indexing superannuation balances to inflation and addition of a new threshold taxing balances between $3m and $10mGet our breaking news email, free app or daily news podcastThe Albanese government has dramatically rewritten its major tax policy, caving in to criticism on its controversial superannuation tax plan by raising thresholds and slashing the amount of money it will rake in.After a long period of sustained attack from politicians and lobby groups, the government has conceded defeat on all major criticisms, with the treasurer, Jim Chalmers, saying the policy rewrites would “better target superannuation concessions”. Continue reading...

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Zelenskyy to visit Washington this week

Ukrainian President Volodymyr Zelenskyy says he will travel to the United States this week for talks on the potential U.S. provision of long-range weapons

Trump signs peace documents to end war in Gaza: 'It's going to hold up'

President Trump on Monday signed an agreement to end the more than two-year war in Gaza.