Treasurer Jim Chalmers has defended his budget as a “conservative” and “cautious” spend that would not spark inflation by “spraying cash around”. Appearing on the ABC following his budget speech on Tuesday night, Mr Chalmers rejected the argument his relief measures, such as $300 energy rebate for every household andContinue Reading
Prime Minister Anthony Albanese has defended Australia’s decision to back increased recognition of Palestine at the UN after the Coalition accused him of breaching faith with the Jewish community. Opposition leader Peter Dutton demanded Mr Albanese explain his “captain’s call” to back Palestine’s bid for full United Nations membership, despiteContinue Reading
Labor has declared inflation the “primary focus” of this month’s federal budget, as the government walks the tightrope of lowering cost of living pressures while putting downward pressure on the bottom line. Amid growing calls for spending cuts to take the heat off interest rates, and ahead of this week’sContinue Reading
The Albanese government will use the first parliamentary sitting day of the year to introduce legislation to overhaul stage 3 tax cuts, as the opposition gears up to question the prime minister over his “broken promise”. Shadow cabinet met on Monday evening to determine their position on the government’s “costContinue Reading
The Treasurer did not ask public servants to overhaul the stage 3 tax cuts, rather the department came up with the idea, an inquiry into cost-of-living has been told. Senior public servants from the departments of Treasury and finance were on Monday grilled over the timeline of the Albanese government’sContinue Reading
Prime Minister Anthony Albanese vowed to make cost-of-living front and centre of his government’s priorities in 2024 after acknowledging what shaped up to be a tough year for many Australians. In a New Year’s Eve message, Mr Albanese relayed a suite of relief measures he intended to push forward inContinue Reading
Project blowouts, tough decisions and budget black holes have been flagged for Australia’s biggest state economy, with NSW Treasurer Daniel Mookhey saying it will be “very, very difficult” for the government to achieve a surplus by 2024-25. Delivering the June Economic Statement, ahead of the official 2023-24 budget in September,Continue Reading
Treasurer Jim Chalmers has handed down his second budget, with a focus on cost-of-living measures. Find out how you’ll be affected with our budget calculator. Single parents The Parenting Payment (Single) will be extended, and will now be available to single parents – the vast majority of which are mumsContinue Reading
Scammers have wasted no time in using this year’s federal budget to try and steal money off of struggling Australians. Text messages containing hyperlinks that would allow scammers to steal money from those doing it tough are already being sent via text message, Assistant Treasurer and Financial Services Minister StephenContinue Reading
Families earning under $120,000 a year are the real winners in the budget but there’s one big ticket surprise that will help all Aussies regardless of income – and that’s free GP visits for kids. The largest investment in bulk billing in the nation’s history is designed to rebuild MedicareContinue Reading