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Budgeting

Politics
SYDNEY, AUSTRALIA - NewsWire Photos DECEMBER 4, 2024: Federal Treasurer Jim Chalmers during a press conference on Wednesday. Picture: NewsWire / Nikki Short

Treasurer’s bombshell election claim

The Federal Treasurer has conceded there is a “possibility” Labor will be booted at the next election while tempering expectations of “big spending” in the mid-year budget update.

Finance
SYDNEY, AUSTRALIA -  Newswire Photos MARCH 14 2023 - A member of the public is seen buying produce and groceries in Sydney as the Cost of living continues to rise. Picture: NCA Newswire / Gaye Gerard.

Experts make major rate call

Aussies are doing what the Reserve Bank of Australia is asking and cutting back on spending, but they might need to wait nine months for a reduction on their mortgage.

Original URL: https://www.news.com.au/finance/money/budgeting