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Minister Penny Wong has warned retail banks to carefully consider their customers and the wider community when making decisions on lending rates amid fears they could rise. The Reserve Bank of Australia on Tuesday left the official cash rate unchanged...
Minister Penny Wong hopes retail banks think carefully about their customers and the wider community when making decisions on lending rates, amid fears increases may be on the way. The Reserve Bank of Australia (RBA) left the official cash rate...
Joe cannot say with any credibility that he can deliver a bigger surplus or an earlier surplus
The Prime Minister has given finance minister Penny Wong and her partner Sophie Allouache a small brown woolen cardigan that she knitted herself for the baby daughter they had last year. The cardie - and the fact Ms Gillard had the time to knit it -...
Minister Julia Gillard had never complained of sexism to seek sympathy and would never do so, Labor frontbencher Penny Wong says. Opposition Leader Tony Abbott has accused Australia's first female prime minister of playing the "sexism card" to boost her...
Penny Wong says she has no plans to swap to the lower house, despite suggestions that she could be prime minister one day. During her address to the National Press Club this afternoon, the Finance Minister said she was very privileged to have been...
This is despite the fact that Shadow Treasurer Joe Hockey has repeatedly claimed the dodgy costings were an audit
In Adelaide, Sydney and Brisbane , water supplies are so low they need desalinated water urgently, possibly in as little as 18 months.
But Senator Wong had not said whether the contracts represented value for money. "What red-flag mechanisms are in place to alert Penny Wong to potential NBN Co activities that may not present best-value outcomes?" Mr Robb said in a statement. "What...
Penelope "Penny" Ying-yen Wong (Traditional Chinese:黃英賢,Hanyu Pinyin:Huáng Yīngxián; born November 5, 1968), Australian Labor Party politician, is the current and first Australian Minister for Climate Change and Water. She has been a member of the Australian Senate since 2002, representing South Australia. Wong is the first openly gay member,... Full Article
Joe cannot say with any credibility that he can deliver a bigger surplus or an earlier surplus
This is despite the fact that Shadow Treasurer Joe Hockey has repeatedly claimed the dodgy costings were an audit
Given the tight fiscal conditions and future budget pressures, it's increasingly important that the public service continues to play its part
We've seen some $20 billion written down off government revenue - less money coming into government as a result of the weaker global economy - and that's one of the things we have to grapple with
As a matter of logic that will flow through, for example, to capital gains tax
He's talked a lot, he hasn't delivered anything: not a single policy, not a single costing that has added up
In terms of the various elements that have been agreed, we will provision for them and they will be reflected in the updated figures
To be able to deliver a high level of care - even with increased funding - we will need to maximise the effectiveness of expenditure. This is not just a matter of cost cutting; it requires new policies and programs that will deliver high quality care
However ... we ought not lose sight of our medium and long-term fiscal challenges
We have taken a number of tough decisions aimed at meeting the near-term fiscal challenge as well as putting the budget on a more sustainable footing for the longer term
