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Latest news: Federal budget

Bigger budget surplus not ‘an end in itself’

National AAP -
Treasurer Jim Chalmers says a better-than-expected $15.8 billion budget surplus doesn't mean cost-of-living measures have been forgotten.

PM backs budget despite lukewarm polling response

National AAP -
While voters have delivered a small bounce for Labor in the polls, there has been mixed opinions on the recent federal budget.

$350 million for the ACT in 2024-25 Budget

Local Newstime Media -
The 2024–25 Budget will inject more than $350 million into Canberra, finance minister Senator Katy Gallagher has announced.

Senator Pocock: Budget gets the balance wrong

Local Newstime Media -
Senator Pocock says the federal budget is a missed opportunity that does not adequately respond to the huge challenges facing Australians.

ACT Greens: Federal Budget ‘unsurprising and uninspiring’

Local Newstime Media -
The ACT Greens say the 2024 Federal Budget disappoints, failing to deliver cost-of-living support for those doing it tough.

ACT Chief Minister: Commonwealth Budget delivers for Canberra

Local Newstime Media -
ACT Chief Minister Andrew Barr states the 2024-25 Commonwealth Budget will benefit Canberrans and our city.

Jim Chalmers’ third budget will have a surplus of $9.3 billion for this financial year

National The Conversation -
The third Chalmers’ budget will deliver a surplus of $9.3 billion for this financial year – the second successive surplus of the Albanese government.

ACT Greens call on federal government to fix housing crisis

Local Newstime Media -
The ACT Greens want the Federal Government to waive the housing debt, fund their housing policy, and fix the 'rigged' tax system.

Pocock: Budget must put people first and help Canberra catch up

Local Newstime Media -
Senator David Pocock says the budget must support those suffering from the cost-of-living crisis and invest in health, education and housing.

Federal Budget funding a lifeline for Canberra Symphony Orchestra

Local Newstime Media -
The Canberra Symphony Orchestra has received a critical funding boost from the Federal Government in this week's Budget.

Federal budget targets housing crisis amid backlash

National AAP -
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.

Federal Government: $250 million for Australian Institute of Sport

Local Newstime Media -
The Federal Government will invest $249.7 million in the Australian Institute of Sport in next week's Budget.

Finding savings in budget getting ‘harder’: Labor

National AAP -
The upcoming federal budget may contain more government spending than economists would like as they warn not to place more pressure on inflation.

Albanese spruiks larger-than-expected budget surplus

National AAP -
Anthony Albanese says a larger-than-expected surplus is due to responsible budget management but the opposition says it's "dumb luck".

Dutton ‘scratching around’ for budget ideas: Chalmers

National AAP -
Treasurer Jim Chalmers has come out against an opposition plan to let those on welfare be able to work more hours before payment is stopped.

Federal Labor’s second budget: Prosperity, missed opportunity, or inequality?

Local Nicholas Fuller -
The ACT’s four Federal Labor politicians say the budget delivers for Canberra but Independent Senator David Pocock considers it unambitious and a missed opportunity.
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