Albo can’t rule out raising taxes
Anthony Albanese has been unable to rule out increasing taxes after the election, with the Opposition seizing on the admission before Saturday’s election.
Anthony Albanese has been unable to rule out increasing taxes after the election, with the Opposition seizing on the admission before Saturday’s election.
Australia’s major parties have been accused of ditching rational economic policies in favour of a “spendathon” to win votes ahead of the May 3 election.
A relief rally added $116b in value to the Australian sharemarket on Thursday following Donald Trump’s decision to pull back from a global trade war.
Treasurer Jim Chalmers and shadow Angus Taylor held a feisty pre-election debate, but the spectre of US President Donald Trump loomed.
Labor has passed its $5-a-week tax cut plan, forcing the Coalition to vote against the cost-of-living relief it has already labelled as a “cruel hoax”.
Cost of living relief and a modest tax cut are unlikely to slow the RBA’s progress on cutting rates, according to analysts.
Of all the budget measures Jim Chalmers announced to combat Australia’s cost of living, there was one crisis he overlooked – with devastating consequences.
The Treasurer’s comments follow plunging rates of revenue driven by the tobacco excise as smokers turn to the black market for cheaper cigarettes.
A video of everyday Australians answering a single question has exposed the surprising thing people really couldn’t care less about in 2025.
A key piece of information buried in the budget has revealed hardworking Aussies are getting a seriously raw deal.
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’.
Other than the Medicare investment, there is a general consensus the federal budget falls short and leaves a lot of Australians behind.
The Prime Minister has branded the opposition “delulu with no solulu” after scathing criticism of his government’s proposed income tax cuts.
The furry creatures arrived in Australia in December and will enjoy a $15k lifestyle funded by the Commonwealth at their Adelaide Zoo home.
Original URL: https://www.themercury.com.au/business/economy/federal-budget/page/2