Economy
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Iceland’s PM calls November snap election as coalition collapses

Iceland’s three-party coalition government, in power since November 2021, collapsed on Sunday due to disagreements on policy issues, and new elections to be held in November, the country’s prime minister, Bjarni Benediktsson, has announced. “There are very different views … on issues ranging from foreign policy to asylum seekers,” Benediktsson told reporters, adding that he…

Economy
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Business Council blames slow local decision-making for feeding Australia’s housing supply crisis

Local councils would be forced to set deadlines for deciding on housing development applications and lose approval rights if they cannot stick to them, under a proposal from the national peak body representing big business. The Business Council of Australia (BCA) is urging state governments to force local councils to consult housing development proponents and…

Business
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Budget could include rise in employers’ national insurance, minister suggests

The business secretary has said Labour’s manifesto pledge not to raise national insurance applied to employees but he did not rule out raising employers’ contributions in the budget. Speaking on Sky’s Sunday Morning with Trevor Phillips, Jonathan Reynolds was asked if the pledge applied both to employees’ and employers’ national insurance contributions (NICs). He replied:…