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NewsMail Afternoon Edition
Sun 11 May, 2014

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Politicians face pay freeze ahead of 'tough' budget

The Federal Government says it will freeze the pay of politicians and top public servants as it continues to push its message that all Australians must contribute to the budget repair.

Treasurer Joe Hockey said the Prime Minister will be writing to the independent remuneration tribunal to ask it to consider the Government's request for a pay freeze.

It would mean that from July 1, MPs will miss out on a 2.4 per cent pay increase, costing the average backbencher an estimated $3,900.

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The Drum

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Budget 2014: Abbott Government makes its mark

Will 2014 be a watershed year, a point of redefinition which sees the public share of the GDP significantly changed?

Big cuts would help explain why the Abbott Government has been ready to take the torrent of criticism it received when the "deficit levy" kite was first flown two weeks out from the budget.

Few policy proposals have arrived quite so friendless. Its real purpose might be to provide evidence that the pain to come is being shared by the best-off.

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Just In

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Eight new public schools for WA 'not enough': Opposition

Eight new public schools are to be built in Western Australia at a cost of more than $100 million as school enrolments reach record-levels.

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World

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Egypt charges 200 Islamist militants with bombings, other violence

Egypt's public prosecutor has charged 200 suspected Islamist militants with "founding, leading and joining a terrorist organisation" and launching bomb and rocket attacks across the country.

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Business

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ABS employee made $60k from $7m insider trading scam, court hears

A 24-year-old Australian Bureau of Statistics (ABS) employee has been extradited to Victoria to face charges over an alleged $7 million insider trading scam.

Christopher Russell Hill is accused of sharing unpublished ABS data with friend Lukas Kamay, an NAB employee in Melbourne, to predict movements in the Australian dollar.

The charges laid by ASIC and the Australian Federal Police (AFP) include insider trading, money laundering and abuse of public office.

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Politics

More Politics »

Politicians face pay freeze ahead of 'tough' budget

The Federal Government says it will freeze the pay of politicians and top public servants as it continues to push its message that all Australians must contribute to the budget repair.

Treasurer Joe Hockey said the Prime Minister will be writing to the independent remuneration tribunal to ask it to consider the Government's request for a pay freeze.

It would mean that from July 1, MPs will miss out on a 2.4 per cent pay increase, costing the average backbencher an estimated $3,900.

More »

Sport

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Live: Knights v Panthers, Dragons v Bulldogs

Grandstand brings you live updates from the Knights-Panthers and Dragons-Bulldogs NRL matches.

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Science and Technology

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Seaweed extracts used to help reproduce human bone, repair tissue

Australian researchers have successfully used seaweed to help regenerate bone and damaged human tissue in medical trials which could lead to new treatments for serious diseases such as cancer and schizophrenia.

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Environment

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Japan continues whaling in north-west Pacific

Japan has resumed whaling in the north-west Pacific for the first time since the UN's highest court banned its scientific program in the Antarctic.

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