Rate hikes back on the table: Bullock
Warning that the RBA would not hesitate to pull the trigger on further rate hikes if needed, Governor Michele Bullock revealed rate hikes had been considered.
Federal Budget
Budget slammed for making ‘life harder’
Victorians will see fewer infrastructure projects and a multi-billion dollar first homebuyer scheme will be retired in Treasurer Tim Pallas 10th state budget.
Jim’s big hint on budget winners
The Treasurer has left the door open to “additional steps” to boost welfare payments in next week’s federal budget.
Essential cost behind rates pain
Releasing its fresh quarterly forecasts, the central bank painted a gloomy picture on the path for inflation, with one essential cost for many playing a key role.
‘Slash and burn’: Jim’s budget warning
Despite concerns raised by some economists, federal Treasurer Jim Chalmers is set to reject calls for further austerity in the upcoming May budget.
Answer to question every Aussie is asking
A major question about how a major overhaul to student debts will be handled has been answered.
‘Call us’: Major bank’s plea to homeowners
The chief executive of one of Australia’s biggest banks has laid bare the stress Aussie homeowners are going through.
Cash boost to help struggling Aussies
Students enrolled in critical university courses will have access to a new payment to help them with their studies.
‘Do more’: Women’s urgent plea to Albo
As the government puts its finishing touches on next week’s budget, one group of Australians is pleading with them to do something that ‘cannot wait’.
Labor reveals shocking DV truth
The government is under increasing pressure to do more to address domestic violence in this month’s budget, as a starling update on a $169m pledge comes to light.
Budget’s biggest focus revealed
Labor has a difficult task ahead as it looks to support Australians doing it tough while not adding to inflation.
‘Never again’: How PM will fix horror hike
A major change to the way student loans are paid back will wipe out $3bn and benefit millions of people.
Grim reason rates can’t be cut
Slashing the structural deficit, easing inflationary pressures, and bolstering productivity must be priorities, the Paris-based organisation has argued.
ASX lifts after Fed rates news
Australian shares notched a tepid bounce on Thursday following some dovish rhetoric from the US Fed and positive sentiment around half-year results from NAB.
ASX sinks on Wall St sell-off, Fed fears
Aussie shares slumped on the first day of the new month as anxieties mount about US inflation and interest rates.
How Australia plans to lure foreign cash
Amid a backlash from economists and industry experts, Treasurer Jim Chalmers has unveiled an overhaul of foreign investment policy.
Sign struggling Aussies could get boost
The Treasurer has given his biggest hint yet Aussies can expect cost-of-living support in the upcoming budget – but it won’t please everybody.
Stocks inch higher on depressed retail sales
Aussie stocks edged higher on Tuesday after a slump in retail sales pushed back fears of impending rate hikes.
‘Need this’: Contentious energy build divides
The Greens have declared their support for a controversial multibillion-dollar renewable energy project that has inflamed passions and divided a state.
Warning ‘at least’ two more rate rises coming
Stubborn inflation, strong jobs growth, and a rebounding economy could force the Reserve Bank to deliver further rate hikes, economists have warned.
Chalmers’ second surplus all but assured
While it is expected the budget will remain in surplus, welfare recipients holding out for relief are set to be disappointed.
Young Aussies slugged with $1k bill
Young Aussies are about to be hit with another major increase to their tax bill, but there are signs relief could be on the way.
Aussies hit with record $300bn tax bill
Income tax receipts gushed into Treasury coffers last year to a record high, fresh ABS data has revealed.
Chalmers flags big boost for one group
Students saddled with unpaid placements and soaring debts could be in line for relief in next month’s Federal Budget, the Treasurer has hinted.
Truth about stage 3 tax cut shake-up
Despite repeated denials that an overhaul to the stage 3 tax cuts was not being considered, newly released documents have revealed otherwise.
State’s threat to Albo on $12bn tax blow
A bitter fight has been reignited over a contentious carve up that the NSW government says will leave the state almost $12bn worse off.
‘Fraught’: Treasurer’s budget warning
Treasurer Jim Chalmers has issued a sobering warning about the nation’s budget as international tensions increase.
Warning to Aussies before budget
As Australians eagerly await what is in next month’s budget, the Treasurer has given some major hints during a speech in Washington DC.
‘Vice grip’: Rent hikes push Aussies to street
Young renters in two Australian capital cities are worse off now than a year ago, despite benefit payments increasing.
Debt for these Aussies ‘out of control’
New analysis has painted a grim picture for millions of Aussies in debt, and it comes with a plea to do something urgently.
Original URL: https://www.news.com.au/finance/economy/federal-budget/page/7