‘A win for everyone’: Retirement now in 1.2m new homes target
Empty homes will be freed up and thousands more units built after the Albanese government issued 11th hour approval to add retirement villages to its 1.2m new homes target from July 1.
Federal Budget
Group getting $3k tax cut revealed
Jim Chalmers has amped up his tax cut sell, revealing the group of Aussies expected to pocket an average of $3000 amid renewed concerns on the inflation fight.
How stage 3 tax cuts will boost borrowing power for home buyers
Australian homebuyers are set to receive their biggest boost to borrowing power since the pandemic interest rate crash with July 1 stage 3 tax cuts to add as much as $46,000.
‘Still strength’ in inflation, RBA warns
The central bank has issued a note of caution following the release of firmer-than-expected inflation figures.
More Stories
‘Misses the mark’: Aged care budget fail as medicine discount scrapped
Aged care and health groups have slammed the Albanese government for putting major reforms on the “back burner” in the federal budget.
You get something, and you get something… Jim ticks all the boxes
With an eye to the next election, Jim Chalmers delivered a budget with something for virtually every demographic, writes Paul Williams.
‘We’re all losers’: Aussies rage on budget
Thousands of Australians have bagged out the Labor Government for its latest federal budget. See their thoughts and have your say.
‘Right now’: Chalmers defends promise
In an attempt to neutralise criticism over a key Labor policy, the Treasurer said households needed immediate support.
7500 new jobs to ‘rebuild public service’
The Albanese Government has cut $1bn in outsourcing and committed to rebuilding the public service by creating thousands of new jobs, in the wake of several consultancy scandals.
‘Absolutely disgusting’: Aussies fire up over $468m NDIS budget
Australians are outraged after it was announced that millions of dollars will be spent in getting the NDIS back on its feet. See their reactions and have your say.
900 new public service jobs for AUKUS nuke subs
More than $100 million will be spent on preparing Australia for war, including the creation of new public service jobs to support the delivery of the new nuclear-powered submarines.
Your federal budget 5-minute guide
Millions of Aussies will welcome tax cuts, bill relief and frozen medicine prices. But others will feel pain with the cost of living blowing out. See what’s in the budget and how it affects you.
$9k worse off: Calculate how much tax you’ll get back
Some Australian households will be more than $9000 worse off when it comes to tax cuts | Use our interactive calculator
Beer, wine and spirits tax rakes in $8bn from drinkers
Alcohol excise is forecast to earn $2.6bn from beer, $3.6bn from spirits and $1.8bn from other alcohol, according to the federal budget.
Original URL: https://www.themercury.com.au/news/national/federal-budget/page/3