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Friday, May 24, 2024

Latest news: Federal budget

PM backs budget despite lukewarm polling response

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

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

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’

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

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

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

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

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

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

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

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

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

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

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?

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.

Treasurer Jim Chalmers plays down second surplus prospect

Jim Chalmers says his budget won't fan inflation and lead to more interest rate rises but some leading economic experts are not convinced.