Get ready for the ‘Nice Budget’
AFTER last year’s brutal ambush of household expenses the 2015-16 economic statement will have winners who need a hand and losers the Government will argue can afford to be slightly worse off.
Federal Budget
The truth about negative gearing
IT’S Australia’s ‘N’ word — equally loved and loathed, depending on who you talk to. But beyond the myths and the sledging, what are the facts?
What the pension change means
MORE than 170,000 pensioners will get about $30 a fortnight extra in their banks under the federal government’s new plan.
Netflix tax: Prepare to pay more
THE golden era of dirt cheap internet shopping, streaming and downloading appears to be over. Here’s how you’ll be slugged.
Abbott: Hockey is here to stay
TONY Abbott says Joe Hockey won’t be sacked if the Budget is a flop and that all ministers involved in the decision making need to be held responsible.
Big banks respond to historic rate cut
THE big banks have responded to the Reserve Bank’s historic rate decision, and one has done something rather unusual.
Tony and Joe’s very awkward photo op
WELL that was painful. The PM and Treasurer staged a press call to discuss the Federal Budget, but the results couldn’t have been more cringe-worthy.
‘It’s not intended to help poor people’
AUSTRALIA is considering a radical overhaul to the immigration system that would allow the richest foreigners to buy their way into the country.
Budget will be a ‘horror story’
A CROSS between a Stephen King horror story and The Scream. That’s how the upcoming federal Budget has been described.
How Indonesia spends our money
AUSSIE taxpayers fork out tens of millions in foreign aid to prop up the justice system that just killed two of our citizens. And that’s not all.
Why did we give this man a job?
HIS own country stripped him of funding over his controversial views. So why are Aussies funding this man’s $4m gig?
Taxpayers to fund nannies for first time
FAMILIES earning less than $250,000 will be able to apply for taxpayer-funded nannies in a new program aimed at helping those in rural and regional areas.
Joe Hockey’s inbox is full
NEARLY 10,000 people have flooded Joe Hockey’s inbox with angry emails in a bid to derail his budget preparations. But do you agree with their gripe?
He said what? Premier stuns with GST remark
THE battle over GST dollars just got nasty with WA Premier Colin Barnett using his state’s help to Victoria during deadly bushfires to leverage more money in ‘disgusting’ move.
Australia could become ‘Greece of the south’
AS Joe Hockey says there may be no bottom to the iron ore price slump and the World Bank predicted a further slowdown for China, Gina Rinehart issued a dire warning.
‘Morbid joke’: Abbott attacked
FORGET Labor. Today, Tony Abbott is copping it from a very senior figure on his own side of politics. What’s behind the spat?
Costello slams Abbott’s ‘joke’ plan
FORMER treasurer Peter Costello has taken an extraordinary swipe at the Abbott government, sparking a war of words with Joe Hockey.
‘Netflix Tax’ set to cost billions
THE songs, movies and streaming services we buy online will become dearer from next month under a new plan to tax the companies that sell them.
The changes coming to a budget near you
ASSISTANT Treasurer Josh Frydenberg says the May budget won’t have the same “shock and awe” as last year’s.
The biggest tax reform since the 1950s
WANT to pay less tax? Tell Joe Hockey how and why and your ideas might end up in the Coalition’s election policies.
Joe Hockey’s big slide show
IT TOOK a slide show and a promise of family-friendly measures from Treasurer Joe Hockey to calm backbench unrest over contradictory Budget plans.
The truth behind that epic eye-roll
IT made for entertaining viewing, but the real dilemma behind Julie Bishop’s exasperated emoji face is one that could come back to bite us all.
Big end of town’s Budget worries
YOU’RE not the only one worried about the upcoming budget. Businesses are too. But probably not for the same reason.
Australia, we really need to talk about this
TONY Abbott’s ‘lifestyle choices’ gaffe doesn’t make him a racist, Ray Martin says. He’s actually started a conversation that we really need to have.
‘Is the Budget on hold?’
“WHO’S actually running the show?” These are the questions being asked as Treasurer Joe Hockey divides his time between a courtroom and parliament.
Calculator reveals uni fee hikes
AN average of $44,500 extra for a degree? A new calculator could prove to be a major weapon against proposed uni fee changes.
How long you’ll pay uni debt for
AUSTRALIAN university graduates could be slugged with debts that take them almost twice as long to pay off, according to new research.
How $7 GP fee will go ‘overseas’
EXCLUSIVE: The Health Minister angers researchers by ruling out using the $20 billion medical research fund to commercialise Australian breakthroughs.
Imagine a world without Wi-Fi
WI-FI and Aeroguard are two of many incredible innovations created by the CSIRO. But funding cuts in the Budget mean the future looks bleak for scientific research.
Libs under fire from own MP
THE Government wants to set up a Medical Research Future Fund at the same time as cutting money for science research, and one of its own isn’t happy.
You’ll work for the dole if you live here
FIVE Queensland communities are on the hit list – the first places where you’ll have to work for your unemployment benefits. Find out where
Your money may pay for Budget ad
DO you feel hard done by Tony Abbott? Well brace for more. His government hasn’t ruled out using your money to pay for an ad to sell the Budget.
How bad’s the Budget for battlers?
WHILE they were victorious in one of Australia’s most famous court battles, Labor argues The Castle’s Kerrigan family would struggle with this Budget.
Gloves off: Budget battle begins
THOUGHT the Budget fallout was bad? Now Tony Abbott’s real fight begins. MPs are back in Canberra to debate the key savings measures.
Abbott: Jobless can’t be picky
TONY Abbott said job seekers “have no right to hold out for the job of their dreams”, while he still believes his unpopular budget will pass the Senate.
Doctors text patients over $7 fee fear
DOCTORS fear people are abandoning treatments because they think the cost of a visit to a GP already has gone up and they can’t afford it.
The diseases we could cure
TONY Abbott wants to invest $20 billion in a Medical Research Future Fund “so we can all live healthier and happier lives”. Here are the diseases we could stamp out.
‘I shouldn’t have done it, Karl’
TONY Abbott has apologised to Australia for that controversial movement of his eyelid yesterday. And now ‘Gloria’ has spoken out.
Shorten: ‘PM is desperate’
OPPOSITION leader Bill Shorten said the Budget is built on Tony Abbott’s lies and says he’s “not a brawler” like the Prime Minister. Read his opinion piece.
The end of the Australian dream?
ANYONE in Australia can grow up to have an education and make something of themselves. But is all that about to change?
What’s all the fuss about the GST?
IT’S the buzzword of the day that could see your shopping bill rise by 10 per cent. Here’s everything you need to know about GST but were too embarrassed to ask.
‘Cunning rat’ may save PM’s Budget
HE has been labelled “as cunning as a lab rat”, but Tony Abbott will be forced to woo Clive Palmer if he wants his Budget to work.
Now they want to tax our apples
AS if Australians aren’t facing enough tax hikes and cuts, now a senior Coalition MP wants the GST to be broadened to include fresh food.
Australia’s AAA credit rating ‘at risk’
A CREDIT rating agency warns Australia could lose its AAA rating if the Budget doesn’t pass the Senate, prompting a new spat between Tony Abbott and Bill Shorten.
What goes on in Budget lock-up?
RIGHT now hundreds of journalists are under lock and key trying to understand the Federal Budget. Once they’re in they can’t go out. So what happens in there?
‘You can call it a tax…or a rabbit’
HE sat. And he squirmed. He called it a ‘payment’. He even said we could call it a ‘rabbit’. But Joe Hockey was finally forced to admit the $7 co-payment is a tax.
What’s Tony’s plan for your state?
PRIME Minister Tony Abbott says our Federation is ‘dysfunctional’. He says we need to fix it. But what exactly does he have in mind and should we be alarmed?
Abbott not worried about poll results
PRIME Minister Tony Abbott is unfazed by bad polls for the government, saying voters will understand the Coalition’s “elemental commitment” to fix the budget.
Most-hated Budget in a long time
AUSSIES say the LNP’s Budget is the worst in a very long time. When was the last time a government’s finances were hated so much?
Protesters in ‘violent’ clash with Mirabella
FORMER Liberal MP Sophie Mirabella has been rescued by police this morning after being mobbed by angry protesters.
Original URL: https://www.heraldsun.com.au/business/economy/federal-budget/page/24