‘Ludicrous’: Controversial super tax exposed
It’s a controversial policy dubbed an “economy killer”, but one detail tucked in Anthony Albanese’s “cost of living” budget reveals Labor is full steam ahead.
It’s a controversial policy dubbed an “economy killer”, but one detail tucked in Anthony Albanese’s “cost of living” budget reveals Labor is full steam ahead.
The federal treasurer has blasted the opposition for a “stunningly stupid admission” during an animated debate on income tax in parliament.
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.
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.
Jim Chalmers said the world was in a ‘dangerous place right now,’ while backing Australia’s $50.3bn boost to defence spending.
With a federal election expected to be called any day now, Labor has left itself $1.5bn in yet-to-be announced policies.
Treasurer Jim Chalmers has drawn clear election battle lines over one scheme as he prepares to hand down his fourth budget.
Aussies struggling with power bills and the cost of medicines should be among the biggest winners from Tuesday’s federal budget.
Jim Chalmers will hand down his pre-election budget on Tuesday with an eye of America as much as struggling Aussies.
A Melbourne woman has shared a horrifying job interview on national television, describing how she was advised to lie about her age on her CV.
A massive arms race is sweeping the Asia-Pacific region as countries like Australia grow alarmed over the China threat.
Jim Chalmers has delivered a pre-budget speech, where he has indicated there will be more cost-of-living support for Australians in next Tuesday’s budget.
The Reserve Bank says the data will decide when it cuts the official cash rate again, as developments from US tariffs complicate the decision.
Original URL: https://www.themercury.com.au/business/economy/federal-budget/page/4