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Thursday, December 19, 2024

Latest news: Federal budget

Pre-poll budget offers cash, cheaper fuel

Australians will get one-off cash handouts and tax breaks and pay less for fuel under a raft of pre-election sweeteners announced in the federal budget.

Federal budget 2022/23 at a glance

The key details of the Morrison government's 2022/23 budget and how the various measures impact on Australians.

$51 million for ACT infrastructure in federal budget

The ACT will receive $51 million for infrastructure in this week’s Federal Budget to be invested in projects that are designed to create jobs, keep commuters and freight safe and moving, and drive economic growth.

Federal budget expected to cut fuel excise

Pressure at the fuel pump could be eased slightly if the federal government follows through on an expected temporary slash to the fuel excise.

Lifeline Australia to receive $52 million funding boost in budget

Lifeline Australia will get a multimillion-dollar funding boost in next week's budget, the federal government has announced. 

Endometriosis funding to get record boost ahead of federal election

A $58 million plan to support 800,000 women with endometriosis has been unveiled as part of the upcoming federal budget.

Federal budget improves in stronger-than-expected economy

A stronger-than-expected economy, a falling unemployment rate to historic lows and a commodity price boom as the result of the Russia-Ukraine war have the revenue dollars rolling in for Josh Frydenberg's fourth budget.

Focus now on federal budget as inflation pressures mount

A light economic data calendar will switch the focus to the March 29 federal budget, which is being put together at a time of heated inflation pressures, notably at the petrol pump.

Stemming the housing crisis requires 25,000 social dwellings

Chronic underinvestment in housing has seen national homelessness levels skyrocket, and the next Federal Budget needs 25,000 social dwellings.

Federal budget on 29 March paves way for May election

The Morrison government has rescheduled the federal budget for 29 March, setting the course for an election in May.

Federal boost prompts call for local apprenticeship funding

With the Federal Government this week expanding support for apprentices, Master Builders ACT is calling for increased local funding for apprenticeships ahead of the 2021-22 ACT Budget being delivered next week.   The...

Australia’s COVID-19 spending deemed ‘accountable and transparent’

A new study comparing 120 countries found Australia to be one of only four countries whose COVID spending had “adequate” accountability.

Finally, an ongoing commitment to funding preschool. But the conditions are hazy and ill-defined

The 2021-22 budget includes funding for 15 hours per week of free preschool education for all children in the year before school, but the details are hazy argues Associate Professor Lennie Barblett of Edith Cowan University.

Big-spending ‘recovery budget’ leaves universities out in the cold

The 2021 federal budget has largely ignored the plight of Australian universities.

Federal Budget: Infrastructure and the environment

The 2021–22 Federal Budget provides millions for Canberra infrastructure - but the Greens say other policies threaten the environment.

Federal Budget: Housing

The Budget promises to help first home owners and single parents buy houses - but social services say it does nothing for the poorest people.

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