The cost of running the 58 Joint Strike Fighters announced by the Abbott government will double the price tag for the cutting-edge planes to a towering $24 billion, it was revealed on Wednesday.
Australia is moving closer to a Cambodia solution as the Immigration Minister is pushing to expand his regional resettlement "club" despite poor social and economic conditions in the Pacific region.
Taxing trusts as if they were companies, and applying a new top marginal tax rate on incomes over $1 million, would raise billions of dollars for the Commonwealth budget and alleviate pressure to slash welfare programs for the genuinely needy, the Greens have said.
Liberal MP Dennis Jensen has launched an extraordinary attack on the Abbott government's multibillion-dollar purchase of fighter jets, suggesting his colleagues lacked the competency and the courage to stop the order.
Australians from all walks of life should brace for a serious tightening of federal government expenditure, Joe Hockey has warned giving his most direct indication of the scope and severity of his first budget to be delivered in just over a fortnight.
The Catholic Church has farewelled a favourite son, the "just" man, former Senator Brian Harradine.
Health Minister Peter Dutton has sent the strongest signal yet that the federal government is preparing to shake up its Medicare Locals network, either by axing the services or restructuring the system.
Australia will make one of its biggest ever military purchases with a $12 billion order for 58 Joint Strike Fighters in a move that will lift the nation's air combat power to among the world's most advanced.
The federal government's tightly held Commission of Audit report will be released publicy within days. Treasurer Joe Hockey will use a speech in Sydney on Wednesday night to lay out the timetable for revealing the commission's potentially explosive recommendations.
Australia faces a schools shortage and education budget blowouts unless governments accept more responsibility for funding building works in Catholic and independent schools, the non-government school sector warns.