Budget 2025 live updates: Huge hint about next interest rates cut
There is “open scope” for another interest rate cut within weeks, economists have said, following the release of the latest consumer price index figures.
Treasurer Jim Chalmers has handed down his last federal budget before Aussies head to the polls in a federal election.
Labor’s budget featured a raft of key cost-of-living measures, including new energy bill rebates, changes to student debt and more bulk-billed GP visits.
The main centrepiece? A surprise $5-a-week tax cut – which has been slammed as a “cruel hoax” by the Liberals.
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Originally published as Budget 2025 live updates: Huge hint about next interest rates cut