The Government says the spending cuts in this year's budget are necessary to take the pressure off the economy
Jobs the focus of tonight's 'tough' budget
By Naomi Woodley
Posted
Updated
The federal budget to be announced tonight will focus on jobs and productivity as the Government looks to use Australia's booming economy to help move back to the black in two years.
Panic in Greece as debt woes worsen
As Greece passes the first anniversary of its acceptance of an international bailout, it looks increasingly likely that more money will be needed to stop the Greek economy's tailspin.
Wall St shrugs off EU woes
US stocks climbed overnight, as commodity prices recovered slightly from a recent slump overshadowing concerns over Europe's debt problems.
Features and Analysis
June rate rise?
Two major banks have shifted their forecasts for the next official interest rate rise forward to next month.
Happy bankers?
Big profits thanks to an easing of bad debt provisions... but the future is not necessarily rosy for our banks.
Paper 'death throes'
Fairfax's latest round of job cuts comes as no surprise to Guardian columnist and academic Roy Greenslade.
Safety concerns
The Australian and International Pilots Association is accusing Jetstar of compromising safety by employing cadet pilots on low salaries.
Dollar damage
Coca-Cola Amatil (CCA) is reviewing its SPC Ardmona (SPCA) food operations and is considering taking some operations offshore.
Share ownership rises
The number of people owning shares in Australia has increased in the last three years, despite the fall-out from the global financial crisis.
Business Video
News:
Watch a bulletin of the latest business newsBusiness Top Stories
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Industry: Evictions of HomesWest tenants rises
- Air Transport: Airports call for more Customs staff
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International Financial Crisis: Panic in Greece as debt woes worsen
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Mining: BHP boss urges skilled migration boost
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Economic Trends: Job prospects look bleak
- Superannuation: Expert urges 'private pensions' over super funds
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Government and Politics: More tough love budget measures revealed
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