Queenslanders will be handed billions in cost-of-living relief, including massive electricity rebates and slashed public transport fees, despite the state’s deficit blowing out to $2.6bn. Treasurer Cameron Dick handed down his fifth budget on Tuesday, turning particular focus on the government’s efforts to bring down household bills despite conceding theContinue Reading
All Australian households will receive cost of living relief in Tuesday’s federal budget, as Treasurer Jim Chalmers promises to strengthen the economy with the bold Future Made in Australia plan. In his own personal Oprah moment, the treasurer has delivered a tax cut for every Australian, a boost in welfareContinue Reading
Treasurer Jim Chalmers has hinted at measures to bolster Australia’s dwindling birthrate in the upcoming May budget, but has ruled out lump-sum payments akin to the Howard government-era baby bonus scheme. Australia’s recent surge in population growth, buoyed by a soaring migration intake, has become a hot button political issue,Continue Reading
About five million Australians on social security payments will receive a cash boost when indexation kicks in later this month. People on the age pension, disability support pension and carer payment will receive an extra $19.60 a fortnight for singles and $29.40 for couples every two weeks, starting March 20.Continue Reading
Anthony Albanese has pushed back against questions about the nation’s near-term migration intake by accusing a journalist interviewing him of using rhetoric plucked from what he described as a Coalition scare campaign. The Prime Minister said Australia’s higher than usual migration forecasts in the near future were effectively a “returnContinue Reading
Jim Chalmers says Labor’s razor gang made hard decisions to bank extra revenue rather than spend it as he insists his second federal budget will drive down inflation. The Treasurer has defended splashing $21bn amid debate among some economists over whether the measures will make the inflation crisis worse andContinue Reading
The leader of the Greens has slammed Labor’s budget as a “betrayal of renters, students, jobseekers, young people and everyone doing it tough.” Adam Bandt, delivering his budget reply speech on Wednesday night, says Tuesday’s budget gives billionaires tax cuts, while people in poverty get left behind – something PrimeContinue Reading
The recent federal budget announcement from Treasurer Jim Chalmers has promised a $14.6 billion centrepiece of cost-of-living relief, with the aim of helping with power bills, out-of-pocket health costs, supporting vulnerable Australians, creating affordable housing, and boosting wages. However, not all Australians will benefit equally. This guide breaks down whatContinue Reading
Tuesday’s budget is set to reveal that more than $17 billion in savings will be diverted in order to fund a suite of higher-priority measures. While the Treasurer has remained tight lipped over whether he’ll hand down the first surplus budget since Kevin Rudd was Prime Minister, new detail hasContinue Reading