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Latest news: Budgets and Budgeting

US Army to buy one million drones, in major acquisition

US Army to buy one million drones, in major acquisition

The US Army is about to significantly ramp up its acquisition of drones with plans to buy at least a million.

Treasurer defends $4b hit from super tax backdown

Treasurer defends $4b hit from super tax backdown

Treasurer defends $4b hit from super tax backdown

Treasurer defends $4b hit from super tax backdown

An overhaul of a signature Labor tax plan will cost the budget billions, but the treasurer says it shouldn't be seen in isolation.

France's Macron pressed to end political 'mess'

France's Macron pressed to end political 'mess'

France's Macron pressed to end political 'mess'

France's Macron pressed to end political 'mess'

France's President Emmanuel Macron desperately needs a circuit breaker amid growing political chaos.

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Trump uses government shutdown to dole out revenge

Trump uses government shutdown to dole out revenge

President Donald Trump is mulling “temporary or permanent” spending cuts that could set up a lose-lose dynamic for Democratic politicians.

Fax machine to AI: urgent call to modernise health care

Fax machine to AI: urgent call to modernise health care

Health and aged care spending is projected to exceed 10 per cent of Australia's GDP by 2062, risking poorer service quality and burdening young workers.

Congress approves Trump sweeping tax-cut, spending bill

Congress approves Trump sweeping tax-cut, spending bill

President Donald Trump's tax cut package will be signed into law after Congress voted in favour of the "Big Beautiful Bill".

Trump's tax-cut bill heads to a final vote in US House

Trump's tax-cut bill heads to a final vote in US House

The US House is preparing to vote on President Donald Trump’s massive tax breaks and spending bill after Republicans spent the night wrangling holdouts.

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Nest eggs on the boil as super guarantee cracks open

Nest eggs on the boil as super guarantee cracks open

Nest eggs on the boil as super guarantee cracks open

Nest eggs on the boil as super guarantee cracks open

Award wages, super contributions and energy bills are rising as a new financial year rings changes for households.

Debt forecast has alarm bells ringing for Olympic hosts

Debt forecast has alarm bells ringing for Olympic hosts

Debt forecast has alarm bells ringing for Olympic hosts

Debt forecast has alarm bells ringing for Olympic hosts

A state government's debt is set to reach record heights as it plans an Olympics, with the threat of higher borrowing costs for major infrastructure projects.

Surplus in sight but few sweeteners in 'careful' budget

Surplus in sight but few sweeteners in 'careful' budget

Surplus in sight but few sweeteners in 'careful' budget

Surplus in sight but few sweeteners in 'careful' budget

A nation-first approach to back up housing projects headlines Australia's largest state budget as critics attack surplus projections and support for services.

Opposition rules out deal on superannuation tax change

Opposition rules out deal on superannuation tax change

Opposition rules out deal on superannuation tax change

Opposition rules out deal on superannuation tax change

The coalition has signed off on opposing the government's proposal to increase taxes on super balances above $3 million, labelling it unfair.

New Zealand stuck in red as government chases growth

New Zealand stuck in red as government chases growth

New Zealand stuck in red as government chases growth

New Zealand stuck in red as government chases growth

New Zealand is mired in deficits and debt, with Finance Minister Nicola Willis's second budget showing the nation's economic pain.

Labor rouses true believers as campaign hits full swing

Labor rouses true believers as campaign hits full swing

Labor rouses true believers as campaign hits full swing

Labor rouses true believers as campaign hits full swing

The official launch of Labor's campaign in a key state sets the stage for a down-to-the-wire election battle as the prime minister looks to boost momentum.

Dutton fuels angst over cost of living in mortgage belt

Dutton fuels angst over cost of living in mortgage belt

Dutton fuels angst over cost of living in mortgage belt

Dutton fuels angst over cost of living in mortgage belt

Peter Dutton has used a keynote address to rally voters in the outer suburbs, promising instant cost-of-living relief across a mortgage belt doing it tough.

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Dutton hopes rail pledge will get Libs back on track

A winery has become a curious backdrop for an airport transport pledge as Opposition Leader Peter Dutton makes his pitch to the outer suburbs.

Coalition energises race for votes with gas and petrol

The coalition have pledged gas investment to bring down power prices as they position themselves as stronger leaders for the nation ahead of the election.

Cheaper power bills pledge as Dutton spurs gas supply

Opposition Leader Peter Dutton's budget reply has outlined an alternative vision to drive down energy costs and ease pressure on household budgets.

No respite from tax burden on younger workers in budget

Young income earners will be increasingly called upon to fund rising public spending unless structural tax reforms are made in the next term of government.

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Battle lines drawn over tax cuts as election looms

Universal $5 a week tax cuts are being raced through parliament as debate around cost of living intensifies ahead of the federal election.

State chugs on with rail loop despite no budget top-up

The federal treasurer won't budget a "big number" to fill a funding hole in a massive rail line project, but the state's premier vows to push on regardless.

Budget fails on new money for violence against women

Anti-family violence groups working with men to put an end to the issue have slammed the lack of new funding for measures in the federal budget.

'This is the time': calls to prioritise rural health

While the federal budget confirmed sweeping reforms to Medicare and billions in health funding, it's unclear how much will reach the bush, medical groups say.

Australia pivots foreign aid to Pacific to cover US cut

Australia will shift $119 million of its foreign aid budget to the Pacific and Southeast Asia to plug holes in critical programs left by US cuts.

First homebuyers, renters centrepiece of housing pledge

First homebuyers and renters struggling to find a home are being offered some hope in a budget that bakes in $33 billion in measures to improve affordability.

Budget fundamentals smashed as storms cloud outlook

Australia's federal budget is forecast to eclipse $1 trillion in debt for the first time in 2025/26, as global challenges threaten the nation's coffers.

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