‘A win for everyone’: Retirement now in 1.2m new homes target
Empty homes will be freed up and thousands more units built after the Albanese government issued 11th hour approval to add retirement villages to its 1.2m new homes target from July 1.
Federal Budget 2024
Treasurer Jim Chalmers' Federal Budget highlights the Australian Government’s plans for revenue and expenditure in 2024-25 and beyond.
‘Reduce overseas investors’: New housing backlash against migration
Greater pressure is mounting on the Albanese government to cut immigration and foreign purchases of Australian homes as the housing and cost of living crisis escalates.
How stage 3 tax cuts will boost borrowing power for home buyers
Australian homebuyers are set to receive their biggest boost to borrowing power since the pandemic interest rate crash with July 1 stage 3 tax cuts to add as much as $46,000.
$14 for a gin and tonic: How ‘ludicrous’ alcohol tax is hurting us all
Hospitality leaders say the federal government has some serious explaining to do as tax increases put a pint of beer or a G&T out of reach of the average Australian.
Pensioners left $200 short on power bill help
SA pensioners will be $200 worse off when they go to pay their power bills next year unless the state government steps in.
Acting Premier faces grilling after ‘wagging’ parliament for dinner
A war of words has erupted over claims one of the state’s most senior politicians “wagged” parliament to attend a Canberra dinner with the Prime Minister.
‘Misses the mark’: Aged care budget fail as medicine discount scrapped
Aged care and health groups have slammed the Albanese government for putting major reforms on the “back burner” in the federal budget.
‘We’re all losers’: Aussies rage on budget
Thousands of Australians have bagged out the Labor Government for its latest federal budget. See their thoughts and have your say.
7500 new jobs to ‘rebuild public service’
The Albanese Government has cut $1bn in outsourcing and committed to rebuilding the public service by creating thousands of new jobs, in the wake of several consultancy scandals.
‘Absolutely disgusting’: Aussies fire up over $468m NDIS budget
Australians are outraged after it was announced that millions of dollars will be spent in getting the NDIS back on its feet. See their reactions and have your say.
900 new public service jobs for AUKUS nuke subs
More than $100 million will be spent on preparing Australia for war, including the creation of new public service jobs to support the delivery of the new nuclear-powered submarines.
Your federal budget 5-minute guide
Millions of Aussies will welcome tax cuts, bill relief and frozen medicine prices. But others will feel pain with the cost of living blowing out. See what’s in the budget and how it affects you.
$9k worse off: Calculate how much tax you’ll get back
Some Australian households will be more than $9000 worse off when it comes to tax cuts | Use our interactive calculator
Beer, wine and spirits tax rakes in $8bn from drinkers
Alcohol excise is forecast to earn $2.6bn from beer, $3.6bn from spirits and $1.8bn from other alcohol, according to the federal budget.
Budget bets billions on big cars over EVs
The Federal Government is betting its bottom line on diesel and petrol cars despite its determined push motorists for green machines.
$4250 super boost and child care pay rise
Working Aussie mums are set for a significant boost to their retirement nest egg, and child care workers are up for a raise as the government targets fraud.
‘Unfair tax handouts’: PM blasted over housing crisis
Critics say the federal budget has failed to “shift the dial” on the nation’s housing crisis and will only push up costs for the disadvantaged.
‘Nature short-changed’: Greenies unleash over budget
The government is being accused of having ‘paper policies’ when it comes to protecting nature.
PM refuses to rule out early election amid $300 energy rebate backlash
Anthony Albanese has refused to rule out Australian voters could be heading to the polls early, as Peter Dutton slams Jim Chalmers’ energy rebate for the wealthy.
Give us some relief: Why it ain’t easy being this Albanese
They may share a surname with the PM, but Joan and Nathaniel Albanese are anything but sure bets to vote for an Anthony Albanese-led Labor. Here’s what they want fixed.
Bikies, drugs and illegal tobacco imports targeted
Bikies and underworld figures involved in organised crime are being targeted to stop cocaine and ice, while illegal tobacco imports that have sparked firebombings are also being hit.
Change of heart for axed Hills interchange upgrades
The axed interchange upgrades at Mount Barker and Verdun will go ahead after funding was reinstated. See the infrastructure budget winners in SA.
Starick: The real reason SA relegated to the budget fringes
We might have a popular premier strutting the national stage, but South Australia has missed out in a budget laying foundations for a looming federal election, writes Paul Starick.
Adelaide, not the place they want to be as brain drain to surge
South Australia’s brain drain is on the move – predicted to accelerate as more people flee the state to live elsewhere in Australia.
Proton therapy bunker a bust as funding dries up
Adelaide’s stalled proton therapy beam project has been snubbed in the budget. See where money will be spent on health in SA.
Jimflation concerns: Fears budget sweeteners will keep rates high
Treasurer Jim Chalmers will hand down a $9.3bn surplus, but economists are warning Labor’s budget is set to cause homeowners more pain. Watch the budget speech below.
Budget’s billions for Brisbane Olympics
The federal government will chip in more than $3 billion towards the Brisbane Olympic and Paralympic Games, as funding figures for 2032 projects are released for the first time.
McCrann: Dodgy forecasts the only certainty on budget night
The one thing you can say with absolute certainty about every budget is that every forecast in it will be wrong — so take claims about controlling inflation with a pinch of salt.
Chalmers’ big bet to tame inflation while delivering cost-of-living relief
Labor hopes it will be able to spend more on cost of living and deliver significantly lower inflation than the Reserve Bank has forecast to encourage an interest rate cut. Use our interactive tool to find out how the Treasurer aims to do so.
Cash windfall for workers in new budget forecast
Households will have at least $2800 extra disposable income on average next financial year according to new budget figures, as Treasurer Jim Chalmers signals more tax changes to incentivise investment.
Treasurer’s vow to cash-strapped voters: ‘Help is on the way’
Cost-of-living relief will flow to pensioners and Australians on fixed incomes struggling to pay energy bills, healthcare and other essentials, as Treasurer Jim Chalmers declares Labor’s budget will help those doing it tough.
If you were treasurer, what would you cut back?
Being a treasurer is tricky, for personal household budgets too, and it’s worth thinking about the expenses you’d cut if you were Jim Chalmers. Take our poll.
Original URL: https://www.couriermail.com.au/topics/federal-budget-2024