Federal budget
Exclusive
Australian economy
‘We’ve been vindicated’: Chalmers says government spending has saved the nation from recession
After coming under fire from for his mid-year budget update, Treasurer Jim Chalmers says: “We’ve rejected this free advice that says slash and burn in the budget”.
- by Shane Wright and David Crowe
Latest
Everything you need to know about MYEFO in five charts
Here’s a guide to help you see through the sea of red unveiled by the treasurer.
- by Millie Muroi
Analysis
Jim Chalmers
Might look like Chalmers is spending like a drunken sailor, but this is what’s really going on
Both sides know the current system, reliant on the nation’s army of wage slaves, is failing the economy and future generations.
- by Shane Wright
Tax cut hopes crash after $22 billion blowout
Treasurer Jim Chalmers has revealed a big hit to the budget bottom line with the nation’s debt set to crash through $1 trillion in the coming year.
- by Shane Wright and Millie Muroi
Never mind negative gearing. Australians pushed $67b through this tax vehicle
The record amount has flowed through a growing number of trusts to help Australians, mostly high-income earners, reduce their tax bills.
- by Shane Wright
Coalition accuses Chalmers of reviving ‘Mediscare’
In 2016, Labor’s “Mediscare” campaign falsely suggested the Coalition wanted to privatise Medicare. The opposition is accusing the government of “reheating” the claim.
- by Millie Muroi
Exclusive
Disability
NDIS gets $1b injection to slow growth even as budget slides into deficit
New ways of assessing people for NDIS support will add to a series of changes that are slowing growth of the $47 billion scheme but also revoking people’s plans at higher rates.
- by David Crowe and Natassia Chrysanthos
Workers bear more budget burden as company revenues slip
A slowdown in China amid fears of the fallout from the Trump presidency will wipe $8.5 billion from a federal budget already bleeding red ink.
- by Shane Wright
Exclusive
Jim Chalmers
Veterans’ claims add $1.8 billion, driving budget further into red
After being left with a huge backlog in veterans’ financial assistance claims, the government is facing another $1.8 billion in payments.
- by Shane Wright
Energy price sweetener on cards for Albanese re-election plan
Energy subsidies are due to end in the middle of next year. Treasurer Jim Chalmers has noted that the government had previously found space in the budget to deliver cost-of-living relief and could do so again.
- by Shane Wright
House values tumble in Sydney, Melbourne as economy struggles
House values are falling in the nation’s two biggest cities in a sign the broader economy is starting to slow. Prices are also easing in Brisbane and Perth.
- by Shane Wright
Original URL: https://www.smh.com.au/topic/federal-budget-5x3