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Latest news: Budgets and Budgeting

'Spendthrift' sandgropers trigger GST allowance critics

'Spendthrift' sandgropers trigger GST allowance critics

The scale of cash handouts in the Western Australian budget has infuriated some economists, who argue they are provocatively inflationary.

Fuel bonus as WA posts eighth straight budget surplus

Fuel bonus as WA posts eighth straight budget surplus

Fuel bonus as WA posts eighth straight budget surplus

Fuel bonus as WA posts eighth straight budget surplus

More than $1 billion in cost-of-living relief will be shared in Western Australia as the state capitalises on an iron ore uplift to bank another budget surplus.

'Living within our means': treasurer defiant on budget

'Living within our means': treasurer defiant on budget

'Living within our means': treasurer defiant on budget

'Living within our means': treasurer defiant on budget

The door has been left ajar for a COVID debt levy to be unwound early as business buckles under the weight of state tax and regulation.

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Budget funding to target online radicalisation threat

Budget funding to target online radicalisation threat

More than $70 million will be spent in the federal budget on setting up a centre for online counter-terrorism work.

End of the free ride: studies call for road user charge

End of the free ride: studies call for road user charge

Two transport groups say fuel excise is no longer running smoothly and the government needs to charge motorists based on how far they drive.

Treasurer hoses down talk of big budget handouts

Treasurer hoses down talk of big budget handouts

The Reserve Bank governor was only talking about hypotheticals when saying extra government spending makes it harder to control inflation, the treasurer argues.

More cops, jail guards as territory budget fights crime

More cops, jail guards as territory budget fights crime

The NT budget offers no "lollies and sweets" but it cements the government's tough-on-crime approach, its architects say.

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Right tax moves matter more than mandates: treasurer

Right tax moves matter more than mandates: treasurer

Right tax moves matter more than mandates: treasurer

Right tax moves matter more than mandates: treasurer

Expected changes to negative gearing or capital gains tax would not break an election promise because they would be for the right reasons, Jim Chalmers says.

Thousands of homes promised in multibillion-dollar plan

Thousands of homes promised in multibillion-dollar plan

Thousands of homes promised in multibillion-dollar plan

Thousands of homes promised in multibillion-dollar plan

Tens of thousands of new homes are expected to be built in one state under a $2 billion government investment that promises to give young buyers a leg up.

Budget to address 'immediate needs' of households: PM

Budget to address 'immediate needs' of households: PM

Budget to address 'immediate needs' of households: PM

Budget to address 'immediate needs' of households: PM

The upcoming federal budget is widely tipped to pare back incentives for property investors as the prime minister promises to tackle intergenerational inequity.

Fiscal restraint to define federal budget as costs rise

Fiscal restraint to define federal budget as costs rise

Fiscal restraint to define federal budget as costs rise

Fiscal restraint to define federal budget as costs rise

Health, defence and welfare commitments are among fiscal pressures weighing on the federal budget as Treasurer Jim Chalmers vows to put a lid on spending.

PM rubbishes budget tax speculation as home prices slow

PM rubbishes budget tax speculation as home prices slow

PM rubbishes budget tax speculation as home prices slow

PM rubbishes budget tax speculation as home prices slow

Sydney's home price premium over Brisbane and Perth continues to narrow as values retreat in Australia's two largest cities.

Hopes of wartime windfall shot down for federal budget

Hopes of wartime windfall shot down for federal budget

Hopes of wartime windfall shot down for federal budget

Hopes of wartime windfall shot down for federal budget

The federal treasurer is being urged not to grandfather tax breaks for asset-holders in the budget as the economic impact of the Iran war worsens.

Worse to come as oil crisis adds fuel to rate-pain fire

Worse to come as oil crisis adds fuel to rate-pain fire

Worse to come as oil crisis adds fuel to rate-pain fire

Worse to come as oil crisis adds fuel to rate-pain fire

A rate hike in May is forecast by analysts after the Iran oil shock pushed the annual headline inflation level to the highest point in almost three years.

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Disability cuts on table as treasurer eyes cost spiral

State officials will be briefed on the federal government's plans to overhaul spending on the NDIS, expected to be announced within days.

NDIS in treasurer's sights as budget outlook darkens

The treasurer is playing down talk of an improvement to the federal budget bottom line after economists tipped an Iran war-driven revenue boon.

Budget tightrope to cut oil dependence, ease inflation

The upcoming budget presents an opportunity to reduce reliance on vulnerable global fuel supply chains but comes at a time of multiple priorities to juggle.

'Pretty severe': warnings for Australia ahead of budget

One of the world's leading economic bodies has warned a global recession could be on the way if the Middle East conflict is not resolved quickly.

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Billions more locked and loaded for defence spending

New figures have revealed more than $10 billion was spent on defence in since 2022 than previously forecast, ahead of a major strategy unveiling.

Reality bites as Gen X defers cost of living

As fuel costs soar, more consumers are choosing to buy now and pay later - and the biggest spenders may come as a surprise.

Spoils of Iran war to deliver Chalmers a budget boost

The federal budget will be billions of dollars better off, even with added spending, because of higher commodity prices and inflation, a top economist says.

Labor MPs break ranks on budget disability reform

Some government MPs are pushing for major NDIS reforms, but advocates say people with disabilities should not be left behind.

Multiple-birth parents tumble through cracks in support

Australian multiple-birth parents say a lack of financial and other support makes an already isolating experience even more challenging.

Treasurer softens up voters for 'hard decisions' on tax

The government will warn of a hit to economic growth and Australia's productivity performance in the upcoming budget, raising the stakes for ambitious reform.

Oil shock further reason for tax reform, spending cuts

An economic downturn might be needed to bring inflation back to target, economists warn, but the government can help with spending cuts and productivity reform.

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Politics Australia Victoria Unrest, Conflicts and War Economy, Business and Finance Western Australia Health Environmental Issue Indigenous People Defence Energy Energy and Resource Environmental Politics Transport Science and Technology Northern Territory Housing and Urban Planning Government Road Transport Renewable Energy

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