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Federal budget

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No tax relief for you: Deficits, cost put cuts in too-hard basket

No tax relief for you: Deficits, cost put cuts in too-hard basket

Neither major party will try to win over voters at the federal election with an offer of substantial tax relief.

  • by Shane Wright

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The half trillion-dollar tax headache facing Australia
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Income tax

The half trillion-dollar tax headache facing Australia

Anthony Albanese and Peter Dutton face a half trillion-dollar tax problem – without a change, Australians will face a generational high tax hit.

  • by Shane Wright
No budget spendathon as shoppers finally see inflation relief

No budget spendathon as shoppers finally see inflation relief

Nervous government backbenchers looking for budget handouts have been warned by Treasurer Jim Chalmers there will not be a pre-election cash splash.

  • by Shane Wright
Budget bottom line goes up in smoke as black market reaps reward
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Tobacco

Budget bottom line goes up in smoke as black market reaps reward

Despite ever-increasing excise, tobacco taxes are falling short of forecasts and leaving a hole in the budget. Experts say a cut in tobacco tax may be needed.

  • by Shane Wright
Budget starts to show the wear and tear of a slowing economy

Budget starts to show the wear and tear of a slowing economy

Despite Jim Chalmers producing consecutive budget surpluses, there are clear signs the economy’s slowdown is hitting the government’s bottom line.

  • by Shane Wright
Jim Chalmers to deliver first consecutive Labor budget surpluses since Paul Keating

Jim Chalmers to deliver first consecutive Labor budget surpluses since Paul Keating

The federal government will use the figures to argue it is keeping inflation at bay.

  • by Shane Wright
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The number in the federal budget most Australians get wrong
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Foreign aid

The number in the federal budget most Australians get wrong

Polling reveals many are “quite alarmed” when they find out how little the government really spends helping poorer nations.

  • by Matt Wade
Albo’s lack of courage makes headlines, but doesn’t tell the full story of his government

Albo’s lack of courage makes headlines, but doesn’t tell the full story of his government

People often don’t realise how obsessed governments become with how their opponents will react to anything they do or say. Albo seems to have a bad case of this.

  • by Ross Gittins
Smash or be smashed: Chalmers gambles on a rift with RBA

Smash or be smashed: Chalmers gambles on a rift with RBA

The treasurer is utterly at odds with those in the Reserve Bank who say the economy is running a bit too hot – and he does not mind if Australians watch the argument live.

  • by David Crowe
No election spendathon: Chalmers says he’s got the big calls right

No election spendathon: Chalmers says he’s got the big calls right

Treasurer Jim Chalmers says he will use the pre-election budget to continue the inflation fight.

  • by Shane Wright and David Crowe
The harshest truth about our housing crisis? There’s no silver bullet

The harshest truth about our housing crisis? There’s no silver bullet

Senator Andrew Bragg says growing university debts are keeping young Australians out of the housing market. But his proposed solution ignores the root of the problem.

  • by Shane Wright

Original URL: https://www.smh.com.au/topic/federal-budget-5x3