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.
Federal Budget
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.
More Stories
How Aussies can dodge Trump’s tariff threat
An expert in international relations has offered some blunt advice to Australian policymakers on how to avoid potentially damaging Trump tariffs.
’Nowhere else’: Grim reality for Aussie farmers
Aussie farmers are up in arms about supermarket behemoths Coles and Woolies, but an ACCC hearing has heard they have nowhere else to go.
Go ahead for $8.8bn Chemist Warehouse deal
Australia’s competition watchdog has made a huge decision on a proposed change to Chemist Warehouse that will affect millions of Aussie pharmacy customers.
‘Challenging’: Big bank’s warning to Aussies
One of Australia’s biggest banks has warned of a “challenging” time for customers as it releases its full-year results.
Aussie shares surge on looming Trump shock
Aussie shares rallied on Wednesday as the US vote count rolled in showing former President Donald Trump on a clear pathway to victory.
ASX falls as US election nerves take over
The Australian sharemarket slipped on Tuesday ahead of Wednesday’s seismic US Presidential election.
‘No free for all’: Jim’s message to Aussies
Treasurer Jim Chalmers says inflation has halved since Labor took office but more work needs to be done but Aussies doing it tough shouldn’t expect a cash splash.
Big bank’s surprise Stage 3 tax cut reveal
Aussies have pocketed $6.4bn in extra income since July’s Stage 3 tax cuts, but what we’re doing with it might come as a surprise.
Aussie budget takes out bronze medal
Australia’s budget surplus is one of the best in the world, but it’s not all good news for the economy.
How to solve Australia’s housing crisis
A leading business group says one thing needs to happen to solve Australia’s housing hell and you only have to look at one of our nearest neighbours for inspiration.
Original URL: https://www.ntnews.com.au/business/economy/federal-budget/page/3