‘Savage cuts’: Coalition’s costings slammed
With just two sleeps to go until the federal election, the Coalition has finally released its costings, drawing fire from Jim Chalmers.
With just two sleeps to go until the federal election, the Coalition has finally released its costings, drawing fire from Jim Chalmers.
Anthony Albanese has been unable to rule out increasing taxes after the election, with the Opposition seizing on the admission before Saturday’s election.
Labor has released its updated costings for the election promises, with Treasurer Jim Chalmers promising an extra billion dollars in budget savings.
AUKUS paints a target on Australia and the ‘poor, secret’ $368bn deals should be urgently reviewed by the next government, a retired general says.
Treasurer Jim Chalmers has accused the Coalition of being “deceitful and deceptive”, warning that the maths doesn’t add up on its flagship budget policies.
Australia’s major parties have been accused of ditching rational economic policies in favour of a “spendathon” to win votes ahead of the May 3 election.
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.
Treasurer Jim Chalmers and shadow Angus Taylor held a feisty pre-election debate, but the spectre of US President Donald Trump loomed.
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.
The RBA has just delivered a stark warning that Donald Trump’s trade war could trigger disorder in the global economy and hammer Australians.
Union leader Sally McManus has fronted the Fair Work Commission to push for a big minimum wage increase for workers.
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.
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.
The election has been called, politicians have made their opening pitches and the campaign trail has begun. But what happens now?
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.
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.
A fall in overseas arrivals into Australia could put further pressures on struggling businesses, an economist has warned.
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.
It almost looks like Anthony Albanese could have channelled Muhammad Ali’s most famous moment on purpose.
The federal treasurer has blasted the opposition for a “stunningly stupid admission” during an animated debate on income tax in parliament.
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”.
Cost of living relief and a modest tax cut are unlikely to slow the RBA’s progress on cutting rates, according to analysts.
There is “open scope” for another interest rate cut within weeks, economists have said, following the release of the latest consumer price index figures.
Of all the budget measures Jim Chalmers announced to combat Australia’s cost of living, there was one crisis he overlooked – with devastating consequences.
The Treasurer’s comments follow plunging rates of revenue driven by the tobacco excise as smokers turn to the black market for cheaper cigarettes.
A video of everyday Australians answering a single question has exposed the surprising thing people really couldn’t care less about in 2025.
A key piece of information buried in the budget has revealed hardworking Aussies are getting a seriously raw deal.
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’.
Other than the Medicare investment, there is a general consensus the federal budget falls short and leaves a lot of Australians behind.
The Prime Minister has branded the opposition “delulu with no solulu” after scathing criticism of his government’s proposed income tax cuts.
Original URL: https://www.news.com.au/finance/economy/federal-budget