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Income tax

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Chalmers

Labor’s deficits aren’t that bad. But don’t let tax cuts distract you

The budget sweetener has doubled as a distraction from something the government would rather not talk about.

  • Millie Muroi

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Everything you need to know about the budget

The winners and losers, how it affects you and our top experts break down what the federal budget means.

The bidding war for the healthcare vote has reached $12 billion before the campaign has even begun.

Albanese and Dutton are bidding to buy your vote, with no regard for the price

Australians are about to be invited to an auction where Anthony Albanese and Peter Dutton bid for votes with competing claims about personal tax cuts.

  • David Crowe
Treasurer Dr Jim Chalmers and Prime Minister Anthony Albanese on Tuesday.

Everything you need to know about the new tax cuts

Two 1 per cent tax cuts will form the core of the Albanese government’s offer to voters as it chases a second term in office. Here’s how they will work.

  • Millie Muroi and James Massola
Jim Chalmers has delivered his fourth Labor budget.

The budget explained in seven charts

Here are seven key budget charts that shed light on the nation’s finances, the economic outlook and what lies ahead.

  • Matt Wade and Craig Butt
Treasurer Jim Chalmers.

Was this really the budget we needed? Our experts deliver their verdicts

Shane Wright, Ross Gittins, Peter Hartcher, Jacqueline Maley and Matthew Knott break down the economic and political implications of the budget.

  • Shane Wright, Ross Gittins, Peter Hartcher, Jacqueline Maley and Matthew Knott
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The winners and losers from the 2025 budget.

Are you a winner or a loser in this budget?

Nurses, schoolchildren and beer drinkers all had reason to toast this year’s budget. Some notable others much less so.

  • Paul Sakkal
Everything you need to know about the budget.

The five-minute budget: Everything you need to know

Take a look at all the major measures in this year’s budget – and the challenges it faces.

  • Natassia Chrysanthos and Mike Foley
If you’re not careful, your children could be left with less than you think when you pass.

How will my super be taxed if I leave it to my kids when I die?

When you pass away, the money in your super account will be paid out as a lump sum, and, in some situations, taxed.

  • Noel Whittaker
Former Treasury boss Ken Henry says the tax system is deliberately designed to hurt young people and future generations.

‘Wilful act of bastardry’: Henry condemns tax system for crushing young Australians

Former Treasury boss Ken Henry says a succession of governments have used the tax system to deliberately hurt young people, propping up the old and vested interests like mining.

  • Shane Wright

Original URL: https://www.smh.com.au/topic/income-tax-5yk