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Latest news: Budgets and Budgeting

Federal budget targets housing crisis amid backlash

Federal budget targets housing crisis amid backlash

The federal government has announced $11.3 billion to fast-track the delivery of new homes but faced criticism for not extending further support to renters.

Vic toll road given $3.25b boost in federal cash top-up

Vic toll road given $3.25b boost in federal cash top-up

Vic toll road given $3.25b boost in federal cash top-up

Vic toll road given $3.25b boost in federal cash top-up

The federal government will tip $3.25 billion into Victoria's new North East Link toll road, taking its contribution to the overblown project to $5 billion.

Treasurer talks tough as airport rail stoush deepens

Treasurer talks tough as airport rail stoush deepens

Treasurer talks tough as airport rail stoush deepens

Treasurer talks tough as airport rail stoush deepens

A fresh shot has been fired at Melbourne Airport by Victoria's treasurer who suggests the government could partner with a rival if it doesn't deliver projects.

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Hundreds of millions to incentivise clean energy future

Hundreds of millions to incentivise clean energy future

A $566 million commitment is part of Australia's long-term plan to incentivise clean energy investment and turn the nation into a renewables superpower.

Regional cabinet could stop the bush singing for supper

Regional cabinet could stop the bush singing for supper

Health, housing and childcare need investment if regional Australia is to lead the way on new clean energy industries, as rural groups lobby for budget support.

Think tank urges bold clean tech support

Think tank urges bold clean tech support

Electric trucks, utes and vans are part of plans to re-industrialise and join emission-busting supply chains, if the upcoming budget is bold, a think tank says.

Budget billions to flow for neglected Sydney roads

Budget billions to flow for neglected Sydney roads

The federal government has pledged $1.9 billion for road works in Sydney's west after fears the area would lose out due to a infrastructure spending shake-up.

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Defence budget boost as New Zealand looks to 'step up'

Defence budget boost as New Zealand looks to 'step up'

Defence budget boost as New Zealand looks to 'step up'

Defence budget boost as New Zealand looks to 'step up'

Foreign affairs and defence will get a funding boost in the first budget of New Zealand's new government despite campaign pledges to shrink the public service.

Tax revenue surge as treasurer tempers expectations

Tax revenue surge as treasurer tempers expectations

Tax revenue surge as treasurer tempers expectations

Tax revenue surge as treasurer tempers expectations

Labor won't receive as much tax revenue compared with previous years, but a surplus still remains within reach for the federal budget.

Greens urge housing funds for women fleeing violence

Greens urge housing funds for women fleeing violence

Greens urge housing funds for women fleeing violence

Greens urge housing funds for women fleeing violence

The Greens want to ply states and territories with billions in extra funding to pave the way for more social housing for women and children fleeing violence.

Damage from methane adds to pressure for carbon levy

Damage from methane adds to pressure for carbon levy

Damage from methane adds to pressure for carbon levy

Damage from methane adds to pressure for carbon levy

A leading economist has doubled down on calls for a $100 billion a year carbon tax to back new industries and stop pumping out "astounding" levels of methane.

Community alliance slams 'harm' from employment service

Community alliance slams 'harm' from employment service

Community alliance slams 'harm' from employment service

Community alliance slams 'harm' from employment service

Community organisations, unions and First Nations groups have demanded the government meet its commitments to support the unemployed and disadvantaged.

Treasurer faces 'hard truths' in global industrial race

Treasurer faces 'hard truths' in global industrial race

Treasurer faces 'hard truths' in global industrial race

Treasurer faces 'hard truths' in global industrial race

The federal budget provides the "perfect lever to pull" for Australia to win back jobs and investment in the global race to secure clean energy supply chains.

Drop in GST revenue to cost NSW ‘more than COVID’

Drop in GST revenue to cost NSW ‘more than COVID’

Drop in GST revenue to cost NSW ‘more than COVID’

Drop in GST revenue to cost NSW ‘more than COVID’

NSW Treasurer Daniel Mookhey says his state will lose $12 billion in the latest GST carve-up, jeopardising major federal school and hospital funding agreements.

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Government told to 'hold its nerve' on clean tech push

Clean energy groups want the federal government to stay the course on its industrial policy aimed at seizing a once-in-a-century decarbonisation opportunity.

Treasurer admits 'difficult' budget ahead for Qld

The Queensland government will maintain its commitment to cost-of-living relief for households despite the treasurer warning of a difficult budget ahead.

Support critical for Australia to reap battery wealth

Western Australia has warned that taxpayer support for critical minerals will be crucial to overcoming investor reluctance and market distortion.

Budget surplus 'still our goal' despite war, inflation

A budget surplus is "still our goal" but the degree of difficulty has risen with global economic uncertainty hitting tax revenue, Treasurer Jim Chalmers says.

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PM downplays commission criticism on manufacturing push

The chair of the productivity commission has raised concern the Future Made in Australia Act could increase reliance on government funds.

Urgent meeting sought over $550m War Memorial upgrade

As findings of cost blowouts and conflicts of interests swirl around, the government has sought an urgent briefing with the national audit office.

'Making every watt count' in energy performance drive

A national energy performance strategy has been devised for households and businesses to reduce costs and controversy over new power plants and transmission.

US Congress averts shutdown, passes $1.8 trillion bill

The United States Congress has passed a trillion-dollar government funding bill in a move opposed by some Republicans.

No budget 'cash splash' as inflation still main game

Treasurer Jim Chalmers has managed expectations for cost of living relief ahead of the May budget and played down the possibility of a sizeable second surplus.

NSW, Queensland biggest losers in 'absurd' GST carve-up

Victoria and Western Australia are multi-billion-dollar winners in the latest carve-up of the Goods and Services Tax , which NSW has slammed as "absurd".

Businesses to save as government scraps tariffs

Hundreds of nuisance tariffs on everyday items like tools, clothing, dishwashers and more will be scrapped in a move that will save businesses millions.

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Politics Australia New South Wales United States of America Victoria Queensland Economy, Business and Finance Environmental Issue New Zealand International Relations Defence Energy Energy and Resource Transport Social Issue Housing and Urban Planning Government Road Transport Mining Consumers

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