Aussie stocks soar on Trump tariff backdown
A relief rally added $116b in value to the Australian sharemarket on Thursday following Donald Trump’s decision to pull back from a global trade war.
Federal Budget
‘DOGE-y sycophants’: Chalmers’ Trump sledge
Treasurer Jim Chalmers and shadow Angus Taylor held a feisty pre-election debate, but the spectre of US President Donald Trump loomed.
Boomers’ nervous response to renter’s rant
A renter has triggered nervous chuckles from the audience after slamming the “inequality” in the housing market and one party’s plans for young buyers.
RBA’s stunning Trump warning for Aussies
The RBA has just delivered a stark warning that Donald Trump’s trade war could trigger disorder in the global economy and hammer Australians.
‘Not America’: Demand for $2k wage boost
Union leader Sally McManus has fronted the Fair Work Commission to push for a big minimum wage increase for workers.
Musk ‘inspiration’ to Coalition treasurer
Shadow Treasurer Angus Taylor has cited Elon Musk’s Starlink as a source of inspiration, but refused to say whether DOGE cuts are coming to Australia.
Albo’s missed phone call reveals Trump plan
A missed phone call on Anthony Albanese’s phone has shed light into how the PM plans to convince Donald Trump to spare Australia from further brutal tariffs.
Warning on early voting for May 3 election
The election has been called, politicians have made their opening pitches and the campaign trail has begun. But what happens now?
‘No tax cuts’: Huge call on brink of election
Peter Dutton has used a key pre-election speech to detail how he will reduce energy bills and divert gas into Australia’s energy grid, but rules out tax cuts.
40,000 public servants face axe: Dutton
Peter Dutton has outlined his alternative vision as PM in a major speech to Parliament, billing the election as a “sliding door moment” for Australia.
Grim immigration outlook for Aussie business
A fall in overseas arrivals into Australia could put further pressures on struggling businesses, an economist has warned.
‘Ludicrous’: Controversial super tax exposed
It’s a controversial policy dubbed an “economy killer”, but one detail tucked in Anthony Albanese’s “cost of living” budget reveals Labor is full steam ahead.
Is this punch-drunk Albo’s knockout blow?
It almost looks like Anthony Albanese could have channelled Muhammad Ali’s most famous moment on purpose.
‘Stupid’: Chalmers blasts Coalition tax plan
The federal treasurer has blasted the opposition for a “stunningly stupid admission” during an animated debate on income tax in parliament.
Labor rushes through $5-a-week tax cuts
Labor has passed its $5-a-week tax cut plan, forcing the Coalition to vote against the cost-of-living relief it has already labelled as a “cruel hoax”.
Chalmers budget unlikely to sway RBA
Cost of living relief and a modest tax cut are unlikely to slow the RBA’s progress on cutting rates, according to analysts.
‘Open scope’: Huge hint about next 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.
‘Not enough’: 2 in 5 Aussies budget forgot
Of all the budget measures Jim Chalmers announced to combat Australia’s cost of living, there was one crisis he overlooked – with devastating consequences.
Chalmers’ huge call on ciggie tax
The Treasurer’s comments follow plunging rates of revenue driven by the tobacco excise as smokers turn to the black market for cheaper cigarettes.
‘No’: Aussies just don’t give a stuff anymore
A video of everyday Australians answering a single question has exposed the surprising thing people really couldn’t care less about in 2025.
Sign Aussie budget has ‘absolutely collapsed’
A key piece of information buried in the budget has revealed hardworking Aussies are getting a seriously raw deal.
‘Cruel hoax’: New tax cut blasted
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’.
‘Eye candy’: ‘Election’ budget slammed
Other than the Medicare investment, there is a general consensus the federal budget falls short and leaves a lot of Australians behind.
‘Delulu’: Albo’s Gen-Z reply to tax cut fury
The Prime Minister has branded the opposition “delulu with no solulu” after scathing criticism of his government’s proposed income tax cuts.
Unexpected winners from federal budget
The furry creatures arrived in Australia in December and will enjoy a $15k lifestyle funded by the Commonwealth at their Adelaide Zoo home.
‘Dumb trifecta’: Expert absolutely unleashes
Australia is losing billions, fuelling rampant crime and damaging our health because of one “dumb” decision, a leading economic expert has warned.
Dutton drops hint about bigger tax cut
Opposition leader Peter Dutton has hinted at a “significant” reveal in his budget reply that could involve even bigger tax cuts.
‘It’s downright weird’: Deep flaw with budget
The government’s newly announced tax cuts are already being called too small. But that’s not the weirdest thing about them.
‘Absurd’ tax break Aussies are sick of
This year, taxpayers will foot a $49 billion bill to support largely wealthy Aussies – an “absurd” expense that makes ordinary people’s lives tougher.
Budget winners and losers revealed
From a promise to slash HECS debt to a surprise tax cut for all working Aussies. Here’s how Labor’s pre-election budget pitch will affect you.
‘Don’t support?’: Libs slammed over tax move
Describing them as a “cruel hoax”, the Liberals have revealed they won’t be supporting the new tax cuts.
Mega investor defends tax perk billions
A prominent real estate investor who owns 21 properties worth $35 million says ditching generous perks for landlords would see Australia crumble.
$10,000 cash perk for tradies on offer
If the government hopes to meet its goal of building 1.2 million new homes, it needs a heap of new tradies – so it’s splashing some cash.
Every cost of living boost in the budget
The Albanese government has announced a number of key measures in the budget aimed at easing cost of living pressures. Here’s how it could help you.
State 115,000 Aussies will flee
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.
Trump, China threat to Aussie economy
The Australian economy is facing a grim outlook with income from key resources forecast to be smashed over the coming years, dragging down revenue.
Try the budget calculator to see how you fare
Treasurer Jim Chalmers’ fourth budget is once again all about cost of living. Find out exactly where you stand.
Budget’s cash for ketamine and pandas
Within the several hundred pages of the budget are spending commitments for a host of items you probably won’t hear about – like giant pandas.
Fiery moment Treasurer grilled on ‘hoax tax’
Treasurer Jim Chalmers has handed down his pre-election budget full of cost-of-living relief.
Aussies to get $5-a-week tax cut
Jim Chalmers has revealed plans to put pennies back in every Australian’s pocket, in a budget night speech marked as much by what was not said than was.
Exactly how much you will get in tax cuts
Treasurer Jim Chalmers has rolled the dice on sweeping new tax cuts for every Aussie earning over $45,000 – but there’s a big catch with the cost of living relief.
‘Not immune’: Trump’s threat to Australia
The Treasurer isn’t naming Donald Trump in his warnings about Australia’s economic outlook. But the subtext of his words can’t be missed.
Albo’s $54m push for huge housing target
The Albanese government has invested $54m in prefabricated homes twice as fast to build as brick and mortar in a bid to hit an immense new homes target.
‘Dark shadow’ sparks $50bn defence spend
Jim Chalmers said the world was in a ‘dangerous place right now,’ while backing Australia’s $50.3bn boost to defence spending.
Albo to woo Aussies with $1.5bn war chest
With a federal election expected to be called any day now, Labor has left itself $1.5bn in yet-to-be announced policies.
Senator breaks down over son’s future
Senator Hollie Hughes has broken down in the Senate while talking about struggles with the ‘flawed design’ of the NDIS and its impact on her child, who lives with a disability.
What federal election is all about: Chalmers
Treasurer Jim Chalmers has drawn clear election battle lines over one scheme as he prepares to hand down his fourth budget.
Health, energy bill relief in federal budget
Aussies struggling with power bills and the cost of medicines should be among the biggest winners from Tuesday’s federal budget.
Budget cost of living surprise promised
After rolling out billions of dollars in pre-election cost of living relief, the Treasurer is planning one more big announcement before the PM calls the election.
Labor’s plan to ‘Trump proof’ budget
Jim Chalmers will hand down his pre-election budget on Tuesday with an eye of America as much as struggling Aussies.
‘We are being forced to lie on our CV’
A Melbourne woman has shared a horrifying job interview on national television, describing how she was advised to lie about her age on her CV.
Chalmers spruiks $177bn debt improvement
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.
Fresh warning as China sparks arms race
A massive arms race is sweeping the Asia-Pacific region as countries like Australia grow alarmed over the China threat.
Aussies set for major energy bill help
Ahead of the March 25 budget that will be handed down next Tuesday, Mr Chalmers has vowed to find a way to deliver cost-of-living relief without putting pressure on inflation.
Jim’s budget promise of cost-of-living help
Jim Chalmers has delivered a pre-budget speech, where he has indicated there will be more cost-of-living support for Australians in next Tuesday’s budget.
RBA not sold on the next rate cut
The Reserve Bank says the data will decide when it cuts the official cash rate again, as developments from US tariffs complicate the decision.
‘Hurt us’: Aus Trump measure could backfire
Patriotic ‘Buy Australian’ feeling emerged on ABC’s Q+A on Monday night, with the domestic steel industry at the centre of the debate.
Trump shadow to hit Aussie growth
Australian economic growth will likely slow over the next two years, a leading forecaster has warned, as Trump’s tariff agenda shadows the world.
Chalmers warns against tit-for-tat trade war
The Treasurer will use a major pre-budget speech to warn against a “race to the bottom” after Australia was hit by Donald Trump’s first round of tariffs.
‘Stop’: Qantas boss’ dark warning to Aussies
Qantas chairman John Mullen has issued a stark warning that our way of life could simply “stop” in a serious international emergency.
Question millions of Aussies want answered
Fed-up Australians set to pay more for electricity want to know one thing as they try to work out where the extra money is going to come from.
Minister with 8 portfolios ‘out of the loop’
A minister who looks after eight portfolios has confirmed delays to two massive projects while receiving criticism for being “out of the loop”.
Aussie shares tumble on Trump bloodbath
US President Donald Trump has sparked a bloodbath in global stock markets and Aussie shares were not immune on Tuesday.
Albo vows $644m boost to Medicare clinics
Anthony Albanese has announced the next step in Labor’s Medicare plan, pledging $644m to build dozens of more urgent care clinics.
‘$500m’: Sad news if you like a long lunch
New costings have emerged about the Opposition Leader’s proposal to give bosses tax breaks for work lunches.
Worrying move from Aussie mining giant
Australia’s largest miner will pay shareholders their lowest interim dividend in eight years after a massive profit slump.
Rate pain set to stay until November
Aussie mortgage holders might need to wait nine months to fully feel the impacts of a rate cut, should the Reserve Bank board decide to cut the cash rate on Tuesday.
Second major bank cuts interest rates
Another of Australia’s big four banks has cut interest rates for one group of borrowers, ahead of the RBA’s highly anticipated February meeting.
Last of big four banks updates rate cut tip
All four of the big banks now agree on when the Reserve Bank board will cut interest rates following welcome inflation data this week.
‘Responsible’: Chalmers’ big budget hint
While the Treasurer urged “caution and conservatism” over a possible surprise surplus, he has left the door open for further cost-of-living measures.
Aussie economy’s major breakthrough
Australia’s economy might be hitting a turning point on the back of better household spending – but economists are warning more work needs to be done.
‘Back on track’: Dutton’s new ad pledge
Opposition Leader Peter Dutton has attempted to show off a softer side to his political personality by debuting a new ad where he promises to get Australia “back on track”.
Mining state sinks into budget black hole
Millions of Aussies are confronting a stark budget black hole, with an economic update exposing a serious $217bn breakdown in one state’s finances.
Fresh hope for Aussies smashed by rates
Australia’s all-important trimmed mean inflation rate continues to fall, renewing hope for an early rate cut, the national figures show.
Eye-watering cost of Christmas revealed
A staggering number of Aussies will be paying off their credit card debts for at least six months after relying on their credit cards to get through the holiday season.
Why Australia invests in ramen, comic books
From ramen noodles to online gambling, Australia’s $225bn Future Fund has some pretty wild investments on its books. Here are our top 10 wildest bets.
Ray of hope emerges for Aussie economy
A new outlook has forecast the Australian economy is on a “narrow path to a soft landing” and is tipped to improve next year – but there’s a major catch.
Budget blowout funded by bracket creep
The budget’s bottom line is forecast to blow out by more than $20bn, funded largely by bracket creep in the coming years, economist warn.
Chalmers skirts key budget deficit question
Jim Chalmers declined to directly answer whether a total of forecasted $122.1bn in deficits will increase in the mid-year budget update set to be released on Wednesday.
$1.8 billion budget blow tipped
Australian treasurer Jim Chalmers says the budget will likely be blown out by billions in part due to funding this project.
Original URL: https://www.news.com.au/finance/economy/federal-budget