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General News, Sport Recreation
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- General News
- 17/02/2026
- 06:00
Oxford Economics report shows tobacco excise provides solution to Chalmers’ Budget hole
New research released by one of Australia’s biggest retailers reveals the scale of revenue being lost to the booming illicit tobacco industry. The report into the illicit tobacco landscape by Oxford Economics Australia has identified that over a decade, $67 billion could have been delivered into the economy as excise. Instead, the high costs associated with legal tobacco are driving smokers towards untaxed, unregulated illicit products. Forecasts show $5.5 billion in tobacco excise is expected to be collected in 2025-26, down from $16.3 billion in 2019-20. Based on the current trajectory of growth in the illicit market, federal excise in…
- Contains:
- General News, Property Real Estate
- 17/02/2026
- 06:00
Social housing gains in the 2020s, almost triple the last decade
Australia’s social housing sector is in the midst of a growth decade unparalleled since the 1980s. As revealed by new research*, the number of homes managed as public, community or Indigenous housing for very low-income earners is set to increase by 55,000 in the ten years to 2030. This is nearly three times the 20,000 social rentals added during the 2010s (as shown by the Productivity Commission’s ROGS report). The total number of new social homes expected to come onstream during the 2020s is even larger, at 70,000, with some 45,000 of these funded by the states – led by…
- Contains:
- Business Company News, General News
- 16/02/2026
- 16:06
MEDIA INVITE: UNSW commits $35 million to research commercialisation
New South Wales Treasurer Daniel Mookhey to join UNSW tomorrow for the launch of major new funds to accelerate research commercialisation. UNSW Sydney is investing $35 million to accelerate research commercialisation and launch new spinout companies. This includes a $25 million Pre-Seed Fund for early-stage spinouts and a $10 million investment in High Street Ventures, an independent venture capital fund that will support companies as they grow. The Pre-Seed Fund will support about 50 spinouts over five years. Each company may receive up to $500,000 to bridge the funding gap in the early stages of commercialisation and before they can…
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