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Latest news: State Budget and Tax

Debt piles up as public service faces $3b budget cut

Debt piles up as public service faces $3b budget cut

Taxpayers are set to foot the bill as interest on debt eats a $29-million-a-day hole in a state budget, despite public service job cuts and higher tax revenue.

'Scrap the tax': angry firies, farmers shut down CBD

'Scrap the tax': angry firies, farmers shut down CBD

'Scrap the tax': angry firies, farmers shut down CBD

'Scrap the tax': angry firies, farmers shut down CBD

An expanded tax has united firefighters, farmers and home owners from across one state, with thousands descending on a parliament to protest against the move.

'Wafer-thin' budget surplus won't fix debt problem

'Wafer-thin' budget surplus won't fix debt problem

'Wafer-thin' budget surplus won't fix debt problem

'Wafer-thin' budget surplus won't fix debt problem

One unforeseen event would likely erode a state's long-awaited return to surplus, as its treasurer attempts to tame mounting debt in her first budget.

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Budget sweeteners roll on as debt cloud circles state

Budget sweeteners roll on as debt cloud circles state

Public transport will become free for all children across one state in a major cost-of-living sweetener that will test its strained budget.

Credit watchers keep eagle eye on state budget debut

Credit watchers keep eagle eye on state budget debut

One state's taxpayers could soon be forking out $25 million a day in interest with credit rating agencies looking for fiscal discipline in the upcoming budget.

Firefighters go dark as contentious tax hike ticked off

Firefighters go dark as contentious tax hike ticked off

Regional communities were left without local fire brigades as volunteers downed tools in an apparent protest to an incoming levy.

Emergency services levy set to pass after 'dirty deal'

Emergency services levy set to pass after 'dirty deal'

A $2.1 billion emergency services levy has been altered after a state government buckled to widespread community backlash and crossbench demands.

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NT budget a 'missed chance' to tackle causes of crime

NT budget a 'missed chance' to tackle causes of crime

NT budget a 'missed chance' to tackle causes of crime

NT budget a 'missed chance' to tackle causes of crime

The ongoing mass incarceration of youth offenders in a crime-ridden territory will only fuel repeat offending, the opposition says.

Billion-dollar promise to fix crime woes in Top End

Billion-dollar promise to fix crime woes in Top End

Billion-dollar promise to fix crime woes in Top End

Billion-dollar promise to fix crime woes in Top End

More prison beds and a crackdown on parents who don't send their kids to school are among a territory government's big-ticket budget promises.

Firefighters, farmers in 11th-hour bid to scuttle levy

Firefighters, farmers in 11th-hour bid to scuttle levy

Firefighters, farmers in 11th-hour bid to scuttle levy

Firefighters, farmers in 11th-hour bid to scuttle levy

Protesters have heaped fresh pressure on a state premier and treasurer to dump an expanded emergency services levy ahead of it being put to a final vote.

Train cash splash in budget amid state's tunnel vision

Train cash splash in budget amid state's tunnel vision

Train cash splash in budget amid state's tunnel vision

Train cash splash in budget amid state's tunnel vision

The Victorian government will set aside $727 million to run services through the $15 billion Metro Tunnel as part of a state budget cash injection.

Frugal Kiwi government takes axe to central bank budget

Frugal Kiwi government takes axe to central bank budget

Frugal Kiwi government takes axe to central bank budget

Frugal Kiwi government takes axe to central bank budget

The Reserve Bank of New Zealand is "redesigning" its operations after the government announced funding cuts of 25 per cent from July.

Deal or no deal: Greens leader bristles at Labor claim

Deal or no deal: Greens leader bristles at Labor claim

Deal or no deal: Greens leader bristles at Labor claim

Deal or no deal: Greens leader bristles at Labor claim

The "penny is dropping" for Labor and the coalition that minor parties and independents can't be brushed aside, Greens leader Adam Bandt says.

'Obscene cash grab': firies slam emergency services tax

'Obscene cash grab': firies slam emergency services tax

'Obscene cash grab': firies slam emergency services tax

'Obscene cash grab': firies slam emergency services tax

A levy to cover spiralling emergency service bills has been blasted as a cash grab, with critics queuing up to kill it.

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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.

Labor gets tick on tax cut, Liberal fuel plan sputters

Labor's election tax cuts will provide a "meaningful" boost to the economy, while the coalition's fuel excise cuts have been labelled economically "silly".

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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Labor 'unashamed' in pitch for cost of living vote

The federal budget will deliver help for working people, Anthony Albanese declares, as Labor tries to draw the opposition into revealing its hand.

Public service jobs on line as poll battlelines form

The coalition has doubled down on plans to axe public service jobs if elected as the prime minister goes into bat for Australians working from home.

Pauline Hanson eyes cuts on grog tax, climate spending

Pauline Hanson is taking aim at climate change spending, public servants and First Nations agencies in a bid to address the cost of living.

Cyclone's blow to budget as food, building costs hit

The full impact of the destruction wrought by Cyclone Alfred is being assessed, with grocery and construction prices under pressure.

Feds accept GST recommendation despite state pressure

A controversial GST carve-up will go ahead as a federal minister says his government will not overrule an independent body's recommended funding for states.

Sunshine State dark as mining boom costs GST billions

One state has gone backwards in the latest recommended GST revenue carve-up with billions of dollars flowing to another as its population booms.

US budget deficit hits record $US1.147 trillion

The Treasury Department reports the US deficit in February rose $US11 billion from the same month in 2024.

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