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Latest news: State Budget and Tax

'Choked on my Weeties': Pallas dismisses Vic debt sum

'Choked on my Weeties': Pallas dismisses Vic debt sum

Treasurer Tim Pallas is confident a credit rating downgrade isn't on the horizon for Victoria despite a major global agency's debt forecast.

Treasurer issues challenge over offshore gas tax change

Treasurer issues challenge over offshore gas tax change

Treasurer issues challenge over offshore gas tax change

Treasurer issues challenge over offshore gas tax change

The treasurer has challenged the opposition and the Greens to pass new laws taxing offshore gas companies and bringing forward revenue to boost the budget.

Investor delight as Star casino gets $310m tax break

Investor delight as Star casino gets $310m tax break

Investor delight as Star casino gets $310m tax break

Investor delight as Star casino gets $310m tax break

A decision to delay a tax hike on Sydney's biggest casino to ward off closure has raised questions about NSW's priorities amid a cost-of-living crisis.

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Public service super pay delay to add $882m in net debt

Public service super pay delay to add $882m in net debt

The Victorian government has been accused of accounting tricks after an analysis forecast net debt would rise $882m over delaying superannuation payments.

Victorians to pay the country's most property taxes

Victorians to pay the country's most property taxes

An independent report has laid bare the extent to which both the Victorian and NSW state budgets depend on property taxes.

Wellcamp report finds failings on transparency, value

Wellcamp report finds failings on transparency, value

An audit report criticises the Queensland government's transparency on the cost and value of its Wellcamp quarantine facility but the premier remains defiant.

Specialist school among 60 facing 'unfair' Vic tax

Specialist school among 60 facing 'unfair' Vic tax

A school for children with language and learning difficulties is among 60 Victorian non-government schools set to lose their payroll tax exemption.

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Watered down Victorian schools tax to cost budget $100m

Watered down Victorian schools tax to cost budget $100m

Watered down Victorian schools tax to cost budget $100m

Watered down Victorian schools tax to cost budget $100m

Fewer Victorian non-government schools will be stripped of their longstanding payroll tax exemption than first thought, ripping $100 million from the budget.

Don't expect many happy returns from the tax office

Don't expect many happy returns from the tax office

Don't expect many happy returns from the tax office

Don't expect many happy returns from the tax office

Australians may be hanging out for the new financial year as cost-of-living pressures bite, but there are reasons to expect a smaller tax return this year.

ACT budget shows population, economy are set for growth

ACT budget shows population, economy are set for growth

ACT budget shows population, economy are set for growth

ACT budget shows population, economy are set for growth

The latest ACT budget shows the national capital is on track to become the fastest-growing state or territory in the country.

'Tough choices' for NSW amid per-capita recession worry

'Tough choices' for NSW amid per-capita recession worry

'Tough choices' for NSW amid per-capita recession worry

'Tough choices' for NSW amid per-capita recession worry

NSW families are being warned about tough decisions that must be made on government spending as inflation bites the country's largest employer.

NSW financial woes to be laid bare as budget looms

NSW financial woes to be laid bare as budget looms

NSW financial woes to be laid bare as budget looms

NSW financial woes to be laid bare as budget looms

NSW Treasurer Daniel Mookhey will deliver an economic statement to parliament, updating the state's finances after deferring the budget until September.

Push to redirect Vic COVID-19 debt taxes, future fund

Push to redirect Vic COVID-19 debt taxes, future fund

Push to redirect Vic COVID-19 debt taxes, future fund

Push to redirect Vic COVID-19 debt taxes, future fund

The Victorian Greens will move changes to tax legislation to convert controversial COVID-19 debt levies and a $7.9 billion fund to address poverty and housing.

SA woos interstate companies with tax-friendly budget

SA woos interstate companies with tax-friendly budget

SA woos interstate companies with tax-friendly budget

SA woos interstate companies with tax-friendly budget

The South Australian government will try to lure more companies from interstate by spruiking its tax-friendly budget, cheaper housing and better commuting.

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Housing and health at the heart of SA budget

The SA government is pouring nearly half a billion dollars into new affordable homes, public housing and to assist first home buyers.

LNP attacks consultants, vows public service changes

Queensland's opposition leader has vowed to empower the public service and end the government's "obsession" with consultants as he made the LNP's budget reply.

Steep rate rises cleared for NSW councils

Some NSW councils will be able to increase rates this year by more than a third as many local governments struggle with financial pressures.

Local council loses High Court bid over GST

A council headed by an ex-Howard government minister has lost a High Court bid to have "notional GST" paid by local government bodies declared unconstitutional.

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Qld leads the way as state basks in budget surplus

Australian states and territories are being urged to follow Queensland's lead as the state basks in a historic $12.3 billion budget surplus.

Coal royalties fuel cost of living relief in Qld budget

Soaring coal and gas prices have helped fuel a record surplus of $12.3 billion in Queensland, to be largely channelled into relieving pressure on living costs.

Treasurer tells miners to respect those doing in tough

The mining lobby should "show some respect" to people doing it tough and not complain about paying a little more tax, Queensland's treasurer says.

Qld budget to fund 500 social homes by mid-2025

Queensland's budget will include over $320 million for social homes with the government saying it's "pulling every lever" to address the housing shortage.

Banks warned against interest rate buffer exceptions

The financial watchdog has urged banks to stick to minimum serviceability standards at a time of rising interest rates and red-hot inflation.

Budget boost for Qld regional maternity services

Maternity services in regional Queensland will be bolstered with a $42 million investment in the state budget to be handed down next week.

Schools ramp up pressure on Vic government to dump tax

Pressure is mounting on the Victorian government to dump a proposed tax on "high-fee" Victorian private schools, despite vowing to raise the threshold.

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