What if you ran your household budget like Jim Chalmers?
The Treasurer’s latest federal budget was another big-spending monster, and carries a key lesson for Aussie individuals.
The Treasurer’s latest federal budget was another big-spending monster, and carries a key lesson for Aussie individuals.
The ‘3.7 per cent’ rise in private health insurance premiums is misleading as many funds have pushed across much larger increases. Here’s a guide for when it all gets too much.
The budget sticks to the old business model: doling out more goodies for just about everyone, paid for with borrowed money.
For our long-term financial future, Australia needs a sustainable and responsible fiscal plan that reflects greater budgetary control whereby spending is needs-based.
Peter Dutton will attempt to counter Labor’s marginal tax cuts by committing to halving fuel excise rates in a move the Coalition believe will convince voters on greater cost-of-living relief.
Why taxpayers are set to lose more than $5000 a year despite the tax cut handed down in the federal budget.
Labor’s pre-election budget has failed to hit the mark and senior business leaders such as Wesfarmers chief Rob Scott say it was a missed opportunity to boost productivity.
The local sharemarket has secured its fifth consecutive day of gains on Wednesday as optimistic investors rallied in 10 of 11 sectors.
The federal budget isn’t black and white – unless you’re a panda – prompting one tech entrepreneur to bemoan there’s more funds set aside for Australia’s Chinese guests than to support start-ups.
Despite a resources rush, Labor has presided over the biggest deterioration in the budget outside an economic crisis or a pandemic.
Subsidies and tax cuts announced in the federal budget could support the outlook for consumer spending, with some analysts looking at the retail sector as a potential beneficiary.
The furry creatures arrived in Australia in December and will enjoy a $15k lifestyle funded by the Commonwealth at their Adelaide Zoo home.
Other than the Medicare investment, there is a general consensus the federal budget falls short and leaves a lot of Australians behind.
Where Paul Keating lowered the top tax rate from 60 to 49 per cent in 1985, Jim Chalmers takes two percentage points off the bottom rate – a comparison that points to the gulf in class between the two.
So far, Labor is on the back foot because its individual tax cut is too small, the total cost is too big and the money simply isn’t there.
Is there such a thing as a free meal? Labor’s loyalists made the pilgrimage to Canberra to hear Jim Chalmers latest budget and mingle late into the night. Here’s who we found at the soiree.
The Prime Minister has branded the opposition “delulu with no solulu” after scathing criticism of his government’s proposed income tax cuts.
Labor is now borrowing further from the future to buy an election, ignoring calls for spending control and delaying repair to the budget even further to achieve it.
You heard what Jim Chalmers said but what did he really mean? We’ve parsed the jargon — and found some surprising omissions.
Major progress in improving defence is kicked down the road again.
Peter Dutton needs to come out swinging against this budget and give the voters a choice between policies designed for Australia to climb out of its financial hole or continue to dig the hole deeper.
Business leaders have criticised the Albanese government’s fourth federal budget for its lack of vision, ‘modest’ measures and lack of support for small businesses.
Labor has delivered a budget that fails Australia’s needs. It is the budget of a flawed government.
What was once a targeted system of support for pensions and unemployment benefits is now a new social order where taxpayers fund demand-driven services such as childcare and the NDIS.
Regional Australians will receive a share of nationwide defence, road and health spending, but critics claim key projects have been neglected.
Donald Trump’s impending trade war will stall Australia’s economic growth, Jim Chalmers claims, despite forecasts barely having changed since a month after the US President was elected.
Schools have missed out on extra ‘Gonski funding’ after the Labor failed to include promised new spending in the pre-election budget.
A $5-a-week tax cut from the Albanese government has backfired, with industry panning the move and the Opposition labelling it nothing but a ‘cruel hoax’.
Labor has notched three immediate victories and created a big challenge for Peter Dutton — but productivity, debt and spending are the elephants in the room.
Labor has unveiled a $5 per week tax cut as the centrepiece of its cost-of-living measure, which will deliver just $268 in savings in its first year beginning in July 2026.
Original URL: https://www.theaustralian.com.au/topics/federal-budget