ASX dips on Wall St fall, iron ore slump
Aussie equities fell on Friday, as iron ore dragged and investors grappled with hotter-than-expected US inflation data.
Federal Budget
‘No budget cash splash’: Chalmers
Low but rising unemployment and plunging commodity prices could mean less room for cost of living relief come the May budget.
‘No budget cash splash’: Chalmers
Low but rising unemployment and plunging commodity prices could mean less room for cost of living relief come the May budget.
Albo hits out at states over GST complaints
Ahead of a key meeting between federal and state treasurers, the Prime Minister has rubbished criticism of the GST’s controversial allocation.
Ex-Qantas exec new CEO of retail giant
A leading Australian retailer has announced its newest chief executive on the same day it revealed half-year profits of more than $50m.
Big change ahead of next budget
A big shift is coming to the next budget but Treasurer Jim Chalmers has a warning for anyone thinking it will mean a cash splash is on the way.
‘Who’s paying for these?’: Nuclear push grilled
The Coalition’s policy to develop nuclear power generation in Australia would require taxpayer funding to get off the ground, its energy spokesperson has admitted.
Australia’s ‘dirtiest’ car brands named
As the dispute over proposed fuel efficiency standards shifts up a gear, 2023’s highest polluting car brands have been revealed in new analysis.
‘Weak’: Chalmers delivers economic warning
Ahead of key GDP figures to be released later this week, the Treasurer has issued a stark warning.
‘Weak’: Chalmers delivers economic warning
Ahead of key GDP figures to be released later this week, the Treasurer has issued a stark warning.
Win for Albo as stage 3 tax cuts pass
The government has got its stage 3 tax cuts through the Senate, meaning they will be in people’s pockets from July 1.
Scomo gets ready for final goodbye
One of Australia’s most controversial leaders will give his final words to Parliament.
Scomo gets ready for final goodbye
One of Australia’s most controversial leaders will give his final words to Parliament.
‘Bulldust’: Twiggy lampoons nuclear push
A push by the Coalition to develop nuclear energy generation in Australia has been slammed by mining magnate Andrew “Twiggy” Forrest.
‘Bulldust’: Twiggy lampoons nuclear push
A push by the Coalition to develop nuclear energy generation in Australia has been slammed by mining magnate Andrew “Twiggy” Forrest.
Albo’s huge change for young Aussies
Ahead of the May budget, Labor will consider changes that could hugely benefit university students and graduates, after a landmark review called for reform.
Albo’s huge change for young Aussies
Ahead of the May budget, Labor will consider changes that could hugely benefit university students and graduates, after a landmark review called for reform.
‘Life-changing’: Major sign for Aus economy
Treasury officials have signalled falling inflation and low unemployment rates as a positive sign for the nation’s future.
Housing tax Albo won’t touch
Labor won’t succumb to pressure to strip tax breaks away from investment property owners, according to the Treasurer.
Dutton’s big threat to Aussie workers
Peter Dutton has revealed plans to scrap a new law giving staff the right to ignore their bosses after hours.
Tax cuts to dominate first sitting day
Parliament will resume on Tuesday for the first sitting day of the year, with the government’s contentious changes to the stage 3 tax cuts set to dominate the week.
Tax cuts to dominate first sitting day
Parliament will resume on Tuesday for the first sitting day of the year, with the government’s contentious changes to the stage 3 tax cuts set to dominate the week.
Fresh price hike for booze
Aussies are set to face price hikes in pubs, clubs and bottle shops across the country after a rise in alcohol taxes.
Biggest loser in Albo’s tax shakeup
With the first parliamentary sitting week of the year set to be dominated by tax, a new report lays bare the biggest loser in the shakeup.
Biggest loser in Albo’s tax shakeup
With the first parliamentary sitting week of the year set to be dominated by tax, a new report lays bare the biggest loser in the shakeup.
‘An honest person:’ Albo defends tax changes
The prime minister has hit back at questions over his integrity as he has again defended his government’s backflip on the stage 3 tax cuts.
Major call on recession outlook
A global economic organisation has forecast inflation in Australia will fall further, but it warns risks in the world economy remain.
Chalmers slaps down bosses’ wage call
The Treasurer has hit back at claims minimum wage workers should receive a smaller increase from July due to the stage 3 tax cuts.
Why Albo won’t say ‘sorry’ for tax change
The Prime Minister was unapologetic as he launched a major defence of his tax overhaul amid a repeated demand for him to call an early election.
PM leaves open talks with Greens on tax cuts
Anthony Albanese has not ruled out negotiating with the Greens to get his overhaul of the state 3 tax cuts passed through parliament.
Albo ‘accepts responsibility’ for tax backflip
The Prime Minister faced a grilling over his call to break a major election pledge on the stage three tax cuts.
Kochie’s 6 cost-of-living tips for Albo
The former Sunrise host has given Anthony Albanese his tips on delivering timely cost-of-living relief to Aussies doing it tough.
ASX edges higher as miners rally
Buoyed by a rally in material stocks on Wednesday, the Australian share market edged higher to finish in the green.
How much Aussies will get from tax cut
Just how much Australian taxpayers can expect to receive from the Albanese government’s overhaul of the stage three tax cuts has been revealed.
Speculation mounts on tax cut overhaul
Federal cabinet and the Labor caucus will reportedly consider an overhaul of the tax package due to take effect mid-year.
IMF drops Aussie interest rates bombshell
The IMF has warned the Albanese government must slash spending and the Reserve Bank should hike rates even further.
Why this rock matters to you
The budget bottom line is set to benefit from billions of dollars in extra tax collections due to iron ore prices, economist predict, which will likely deliver a second surplus for the Albanese government.
Month of reprieve for Aussie homeowners
Even as cooling inflation data suggests less pressure on the central bank to tighten further, economists are at odds on its next move.
Aussie splurge on prawns in last-minute frenzy
Australians haven’t let the cost-of-living pressures stop them from flocking to the shops to spend up on seafood.
PM’s 2024 cost-of-living pledge
Australia’s cost-of-living crisis will remain a core pressure point for the Albanese government in the new year.
Soaring taxes cut Australia’s deficit
Swelling government tax revenues from soaring commodity prices and low unemployment has pushed down the budget deficit to a razor-thin margin.
Soaring taxes cut Australia’s deficit
Swelling government tax revenues from soaring commodity prices and low unemployment has pushed down the budget deficit to a razor-thin margin.
Aussies set to pay more to travel
Aussies wanting to travel overseas are set to be slugged with a fresh price hike, under upcoming new fees announced on Wednesday.
Aussies set to pay more to travel
Aussies wanting to travel overseas are set to be slugged with a fresh price hike, under upcoming new fees announced on Wednesday.
Blow for Aussies in price hike crisis
Aussies hoping there could be more cost of living relief in the pipeline have been dealt a fresh blow, as the Treasurer holds firm on dishing out a festive cash splash.
Blow for Aussies in price hike crisis
Aussies hoping there could be more cost of living relief in the pipeline have been dealt a fresh blow, as the Treasurer holds firm on dishing out a festive cash splash.
High interest rates costing budget billions
Higher interest rates are not burning a hole in household budgets, but are increasingly hurting the federal budget as well.
Australia’s recession fears grow
A surge in mortgage repayments, a jump in the income tax take and still-high inflation dragged household spending to a halt in the September quarter.
Marles touts AUKUS AI as China threat looms
Australian, UK and US defence ministers are touting a brave new world of AI-backed surveillance technology just days after the Chinese navy injured Australian military personnel in the East China Sea.
Dutton silenced during fiery spray
In a raucous question time session, the Opposition Leader has been cut short after he interrupted Prime Minister Anthony Albanese.
Original URL: https://www.couriermail.com.au/business/economy/federal-budget/page/5