High interest rates costing budget billions
Higher interest rates are not burning a hole in household budgets, but are increasingly hurting the federal budget as well.
Federal Budget
Australia’s recession fears grow
A surge in mortgage repayments, a jump in the income tax take and still-high inflation dragged household spending to a halt in the September quarter.
Marles touts AUKUS AI as China threat looms
Australian, UK and US defence ministers are touting a brave new world of AI-backed surveillance technology just days after the Chinese navy injured Australian military personnel in the East China Sea.
Dutton silenced during fiery spray
In a raucous question time session, the Opposition Leader has been cut short after he interrupted Prime Minister Anthony Albanese.
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Hockey must pay off our credit card
OPINION: Higher taxes or lower spending, there’s no other solution to Australia’s budget woes, but how did it get so bad? Jessica Irvine explains.
Abbott’s week from Budget hell
PM Tony Abbott has a diabolic Budget choice – politically devastating spending cuts or break his promise not to raise tax.
Original URL: https://www.ntnews.com.au/business/economy/federal-budget/page/96