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
The winners and losers of the government’s second budget in under a year have been revealed as Labor stresses it must prioritise vulnerable Australians in its bid to balance the books. Treasurer Jim Chalmers said the budget would be back in the black for the first time in 15 yearsContinue Reading
High income workers earning $200,000 a year are set to score a $9,000 tax cut next year, but you wouldn’t know it if you read the budget papers. The giant secret in the budget was the $69 billion that Treasurer Jim Chalmers is set to shovel into the pockets ofContinue Reading
It’s the dirty little secret buried in the Prime Minister Anthony Albanese’s media blitz over cost of living relief in the budget. While the budget plans to dish out $14 billion in cost of living relief for families, the rich will still secure much more in tax cuts. Here’s how.Continue Reading
Single parents who rely on welfare will not be forced back to work until their youngest child is 14 in a move that will deliver a $4,576 a year windfall to eligible families. Prime Minister Anthony Albanese, who has long maintained the decision of the Gillard Government to make singleContinue Reading
Treasurer Jim Chalmers is set to deliver the first surplus in over a decade in a stunning budget turnaround that even he admits won’t last. The Queenslander is set to pull off an astonishing fiscal turnaround that will deliver a modest $4 billion surplus. It’s the first time the budgetContinue Reading
Jim Chalmers’ second budget will commit $14.6 billion over four years to help Australians struggling with mounting cost-of-living pressures. As the government reveals more than $17 billion in budget savings will be “reprioritised”, the Treasurer says the package will help struggling households and businesses, while not adding further to inflationContinue Reading
A “modest budget” that will offer targeted cost-of-living relief but not make a bad situation worse – that’s what Treasurer Jim Chalmers is gearing up to hand down on Tuesday. A year on from taking office, and with inflation still running too high, the Albanese government has to walk aContinue Reading