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NewsMail Afternoon Edition
Thu 07 May, 2015

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Abbott targets 'liquid assets millionaires' in changes to pension

Tens of thousands of wealthier retirees will lose access to the age pension under changes targeting what Prime Minister Tony Abbott has described as "liquid assets millionaires".

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The Drum

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Budget will be a true test of authenticity

Next week's federal budget is a test of authenticity for the Abbott Government and Joe Hockey.

Of other things besides, of course: of political acumen and cunning, of economic judgment and reason.

But the Government's largely unspoken challenge is to convince that growing body of the population who are coming to doubt the capacity of our political system to deliver outcomes that are simply in the national interest.

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Just In

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Office space vacancies increasing in Perth

Perth's office vacancy rate continues to creep up as new supply comes online and mining companies and their contractors cut staff and downsize.

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World

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Japan zoo rethinking naming monkey Charlotte

A Japanese zoo rethinks its decision to name a baby monkey Charlotte following complaints it was disrespectful to Britain's newborn princess.

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Business

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Unemployment rises to 6.2 per cent as 2,900 jobs shed

Unemployment rises slightly to 6.2 per cent in April as the ABS estimates 2,900 jobs were shed in the month.

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Politics

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Norfolk Islanders divided ahead of self-governance vote

Fiercely independent Norfolk Island will soon lose its self-governing powers and fall under Canberra's rule.

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Sport

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Kyrgios set for French Open seeding after Federer scalp

Nick Kyrgios's memorable win over Roger Federer at the Madrid Masters is likely to earn him a seeding for the upcoming French Open.

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Science and Technology

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Germany's Daimler unveils world's first self-driving truck

German carmaker Daimler unveils the world's first self-driving truck authorised for use on public roads at a launch on the iconic Hoover Dam in Nevada, United States.

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Environment

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Newly elected Greens co-deputy opposed to increasing fuel taxes

The Greens must continue to stand for people who "want to leave the planet in a better state", the party's newly elected co-deputy leader Senator Larissa Waters says.

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