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Thursday, May 2, 2024

Latest news: Federal budget

Petroleum tax changes to help Australia ‘back on track’

An overhaul of the petroleum resource rent tax will make a meaningful contribution to the budget and help get Australia's finances back on track, Treasurer Jim Chalmers says.

The power budget: Australia on cusp of green economy

Hard-nosed billionaires like green energy champion Andrew Forrest, and his former venture partner Mike Cannon-Brookes, know that Australia's future prosperity will come from sunshine and electrons.

Budget matters amid cost of living crisis across nation

Economic output and similar markers aren't the best measures of wellbeing but momentum is growing to tackle issues that fall between the pages of the budget.

Budget funds to meet record aged care wage rise ruling

More than 250,000 aged care workers are in for a record 15 per cent pay rise under a $11.3 billion boost in the federal budget. 

Treasurer pledges broad cost-of-living relief

Treasurer Jim Chalmers says the Albanese government's second budget will aim to help a broad range of people facing cost-of-living pressures.

Budget to focus on temporary cost-of-living support

There's still hope for a modest payment bump for job seekers as the federal government puts the finishing touches on its cost-of-living budget package.

‘Clogged’ infrastructure pipeline under review

The future of some road and rail projects could be in jeopardy as the federal government vows to review the country's infrastructure pipeline.

NDIS head promises to protect vulnerable amid cost cap

The chair of the agency heading the NDIS has vowed to keep vulnerable people at the heart of the disability program despite funding pressures on the scheme.

Global uncertainty casting a shadow over federal budget

The global economy is suffering the lowest growth rate in almost two decades and casting a shadow over the upcoming federal budget, the treasurer warns.

Government to dig deep to keep unfunded programs afloat

The federal opposition left behind a range of unfunded "zombie measures" that will pile more pressure on already-stretched finances, the treasurer says.

Longer scripts will make GP visits cheaper: doctors

Medicines must be cheaper and easier to access so doctors have more time for their patients, the peak body for GPs says.

Alicia Payne: Getting our nation back on track

I’m proud that there is a lot in the Budget for our Nation’s Capital – investing in its people, our environment, infrastructure, and the public service which serves all Australians.

Fit the Bill: Federal budget, and sage words from the Chairman

In Australia, Treasurer Chalmers and the ACT's very own Katy Gallagher have brought down their first Budget.

Opinion: Senator David Pocock’s view of the Budget

Senator David Pocock (Independent) says we need to gear up for hard conversations and harder decisions ahead of the next federal budget.

Opinion: Two budgets in one year

This is the first time since 1917 two budgets had been presented in a calendar year, Dr John Hawkins noted.

ACTCOSS’s view of the Budget

The ACT Council of Social Service (ACTCOSS) has welcomed the Federal Government’s $560 million investment in community services.

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