Exactly how much you will get in tax cuts
Treasurer Jim Chalmers has rolled the dice on sweeping new tax cuts for every Aussie earning over $45,000 – but there’s a big catch with the cost of living relief.
Federal Budget
‘Not immune’: Trump’s threat to Australia
The Treasurer isn’t naming Donald Trump in his warnings about Australia’s economic outlook. But the subtext of his words can’t be missed.
Albo’s $54m push for huge housing target
The Albanese government has invested $54m in prefabricated homes twice as fast to build as brick and mortar in a bid to hit an immense new homes target.
‘Dark shadow’ sparks $50bn defence spend
Jim Chalmers said the world was in a ‘dangerous place right now,’ while backing Australia’s $50.3bn boost to defence spending.
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Aussie shares fall on mining, Wall St wobble
The Australian sharemarket fell on Friday as the big miners wobbled and uncertainty courses through Wall Street.
Aussie shares flat with all eyes on Israel
The sharemarket inched higher on Thursday as investors braced for Israel’s response to Iranian missile and terror attacks and the release of crucial US jobs data.
Rate hike ‘warranted’ in inflation fight
A leading financial authority has backed the RBA’s approach to interest rates, but warned further increases would be warranted in the fight against inflation.
Big call on rate hikes amid inflation fight
A leading financial authority has backed the RBA’s approach to interest rates, but warned further increases would be warranted in the fight against inflation.
Aussie finance sector’s big AI move
An industry-first agreement will look to protect one Australian fund’s workers in the age of ChatGPT with a new “gold standard”.
Surprising retirement reality for Gen Z Aussies
Millennials and Gen Z Aussies might be locked out of housing, but in one area of economic life they are in prime position.
Aussie shares slip as Middle East mushrooms
The Australian sharemarket slipped on Wednesday as investors braced for a broader war in the Middle East.
Aussie shares retreat on mining pullback
The Australian sharemarket retreated from record highs on Tuesday on a sharp sell-off in the mining sector.
Aussie shares hit new high on iron ore boom
The Australian sharemarket notched a fresh record high on Monday on the back of a mammoth rally in iron ore prices.
Chalmers’ relief after China’s big move
Treasurer Jim Chalmers says a major move by China could be a game changer for a key sector of Australia’s economy.
Original URL: https://www.themercury.com.au/business/economy/federal-budget/page/10