ASX soars for fifth day in a row
The local sharemarket has secured its fifth consecutive day of gains on Wednesday as optimistic investors rallied in 10 of 11 sectors.
The local sharemarket has secured its fifth consecutive day of gains on Wednesday as optimistic investors rallied in 10 of 11 sectors.
Subsidies and tax cuts announced in the federal budget could support the outlook for consumer spending, with some analysts looking at the retail sector as a potential beneficiary.
The federal budget isn’t black and white – unless you’re a panda – prompting one tech entrepreneur to bemoan there’s more funds set aside for Australia’s Chinese guests than to support start-ups.
A $5-a-week tax cut from the Albanese government has backfired, with industry panning the move and the Opposition labelling it nothing but a ‘cruel hoax’.
It may boast icons such as the Harbour Bridge and Opera House, but the country’s most populous state appears to have lost its appeal.
Treasurer Jim Chalmers has drawn clear election battle lines over one scheme as he prepares to hand down his fourth budget.
Aussies struggling with power bills and the cost of medicines should be among the biggest winners from Tuesday’s federal budget.
Labor is set to spruik its progress of lowering gross debt ahead of the federal budget, despite Australia’s bottom line set for a string of deficits over the next decade.
The Albanese government will spend $1.8bn on what it claims is a ‘responsible’ cash splash aimed at easing the cost of living, as Labor rushes to prepare an unexpected Federal Budget.
Ex-Tropical Cyclone Alfred wreaked havoc on Australians in Queensland and NSW and now its impact on Commonwealth coffers has been revealed.
The PM was asked to offer certainty on whether Labor would hand down a budget on March 25, after-party members were sent invites for the fundraiser.
Financial advisers have urged the government to chip in $10m at the federal budget to bolster dwindling hiring rates and reduce the cost of advice.
Australia’s grim economic outlook has been revealed, with the federal budget tipped to have its sharpest retraction since covid.
Ahead of the final budget outcome later this month, the Treasurer confirmed Australia has improved its debt position, saving taxpayers on interest fees.
Original URL: https://www.dailytelegraph.com.au/topics/federal-budget/page/2