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Federal budget

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Treasurer Jim Chalmers has said all proposals for improving productivity at the productivity roundtable next month must involve no net cost to the budget.

How Chalmers can square the budget circle despite stagnant productivity

Repairing the budget and improving productivity aren’t easy, but there are measures the treasurer can look at that offer less political risk.

  • Ross Gittins

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Illustration by Simon Letch

Trump wants us to spend a bomb on defence. We should think twice

We’re told that our defence spending must be greatly increased. But if Trump and the gleeful defenceniks have their way, we’ll be poorer and no safer.

  • Ross Gittins
Treasurer Jim Chalmers says he wants tax proposals that either leave the budget no worse off or lift overall revenue.

If you want tax cuts, find ways to raise more revenue: Chalmers

Treasurer Jim Chalmers has warned those who want tax cuts that they have to find ways to improve the budget bottom line to fund them – but a GST change is unlikely to be one of the measures.

  • Shane Wright
Treasurer Jim Chalmers has warned US turmoil is affecting global markets.

There used to be five big risks to the Australian budget. That’s grown

For the first time, the treasurer has flagged the risk posed by US government bonds, which are a cornerstone of the global financial system.

  • Shane Wright
Treasurer Jim Chalmers has signalled his ambition to go beyond Labor’s election promises.

Treasurer opens the door to fresh tax cuts

Labor’s personal tax cut pledge helped it win the election, but Jim Chalmers has signalled the party could use a summit in August to go further.

  • Millie Muroi
Treasurer Jim Chalmers (right) and Prime Minister Anthony Albanese.

Let’s stop kidding ourselves. Taxes will have to go up

No one wants to pay more tax. And the richest of us protest most and fight hardest when asked to cough up a little more.

  • Ross Gittins
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Finance Minister Katy Gallagher and Treasurer Jim Chalmers have said they will prioritise responsible economic management.

Budget $5 billion better off thanks to bigger tax scoop

The budget remains in deficit, but documents released on Friday showed an improvement as Australians paid more tax.

  • Millie Muroi
Illustration by Joe Benke

Don’t let rich old men tell you the planned super tax is terribly bad

Self-serving arguments against Labor’s proposed tax on super balances over $3 million are fanciful. These rich people just don’t want to pay more tax.

  • Ross Gittins
After playing a lead role in the campaign, Health, Disability and Aged Care Minister Mark Butler will control more than a quarter of the federal budget.

How Albanese’s wingman is now Labor’s $220b minister

Mark Butler was Anthony Albanese’s campaign wingman. Now he jumps straight into tense negotiations with the states – and a job in charge of a quarter of the federal budget.

  • Natassia Chrysanthos
The explosion in illicit cigarettes is requiring more resources, even as excise revenue on smokes tumbles.

The tobacco tax is a disaster playing out on our streets and in our budget

From bombed-out tobacconists in Melbourne to a $43 billion hole in the budget, the use of excise on tobacco is failing.

  • Shane Wright

Original URL: https://www.watoday.com.au/topic/federal-budget-5x3