Michael Sukkar

An internal investigation is under way at the corporate watchdog over the collapse of investment company Sterling First, which Business News first revealed had entered administration last month.

Incentives for businesses to invest and create jobs will be at the heart of the federal budget, a Morrison government minister says.

About 2,500 new affordable homes are expected to be supported through an extra $1 billion outlined in the federal budget.

More than 11,000 home builders and renovators have applied for federal government grants but fewer than 800 have received the money.

Canning MP Andrew Hastie has been appointed Assistant Minister for Defence in a ministerial reshuffle.

Anthony Albanese has promised to build 30,000 social and affordable houses over five years if Labor wins the next election.

Whacking cheap imported goods with GST was meant to give local businesses a fairer crack at online shoppers, and a review will check whether it's working.

Federal Labor says Australia is in a housing crisis with a growing number of people finding themselves homeless.

The federal government has set up a new $15.1 million program to help alleviate critical timber shortages in the housing construction industry.

The federal government is working to ease pressure on supply chains amid spiking Omicron cases as stock is thinning out on supermarket shelves.

Tuesday night's federal budget is expected to include a cut to the fuel excise as well as assistance for more first home buyers.

The Australian Electoral Commission's latest figures give Labor 75 seats to the coalition's 59 as the vote count continues.