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Australian budget

  • China’s Faltering Economy Hits Australia’s Bottom Line
    China’s Faltering Economy Hits Australia’s Bottom Line
    China's imports have fallen 3.9 percent in defiance of analysts' predictions. That's going to impact Australia's company tax receipts and the entire budget.
    December 15, 2024BY Rex Widerstrom
  • Budget to Slump Nearly $50 Billion, Deloitte Predicts
    Budget to Slump Nearly $50 Billion, Deloitte Predicts
    Australia's federal budget will go from a budget surplus achieved in 2023/24 to a bigger than expected deficit.
    November 25, 2024BY Rex Widerstrom
  • Amnesty Criticises Australia’s Lack of Focus on Youth Crime Initiatives
    Amnesty Criticises Australia’s Lack of Focus on Youth Crime Initiatives
    Amnesty International has criticised the Albanese government's apparent lack of funding for youth crime prevention in the federal ...
    May 18, 2024BY Crystal-Rose Jones
  • Dutton Hits the Right Notes in Budget Reply
    Dutton Hits the Right Notes in Budget Reply
    His job in a budget-in-reply speech is to hold the government to account, not to govern himself. The ...
    May 17, 2024BY Graham Young
  • Budget 2024: Retailers Say Budget Could Have Done More for Small Business
    Budget 2024: Retailers Say Budget Could Have Done More for Small Business
    The Institute of Public Accountants also said that the budget lacks genuine tax reform and targeted red tape ...
    May 16, 2024BY Celene Ignacio
  • Budget 2024: Opposition Promises to Cut Migrant Intake by 25 Percent for Two Years
    Budget 2024: Opposition Promises to Cut Migrant Intake by 25 Percent for Two Years
    Opposition Leader Peter Dutton played to the Coalition's strengths in his reply to Tuesday's Budget, emphasising issues such ...
    May 16, 2024BY Rex Widerstrom
  • Budget 2024: Healthcare Bodies Say Budget a ‘Missed Opportunity’ to Fix System Issues
    Budget 2024: Healthcare Bodies Say Budget a ‘Missed Opportunity’ to Fix System Issues
    The Australian Medical Association said that the government should have prioritised improved funding arrangements for general practice.
    May 16, 2024BY Celene Ignacio
  • Farmers Walk out of Agriculture Minister’s Speech Over Live Export Ban
    Farmers Walk out of Agriculture Minister’s Speech Over Live Export Ban
    Angry farmers have turned their backs on MP Murray Watts as he gave his post-budget speech.
    May 15, 2024BY Crystal-Rose Jones
  • Budget 2024: 110,000 New Residents in 5 Years: Queensland to Lead the Country in Net Migration
    Budget 2024: 110,000 New Residents in 5 Years: Queensland to Lead the Country in Net Migration
    Queensland's net interstate migration is forecasted to soar by 110,000 by 2027-28 at the expense of NSW and ...
    May 15, 2024BY Alfred Bui
  • Budget 2024: $76 Million for Global Climate Change Efforts, Including Bid for UN COP31
    Budget 2024: $76 Million for Global Climate Change Efforts, Including Bid for UN COP31
    The Australian government delivered its federal budget on May 14 evening, which outlines the plan for the nation ...
    May 14, 2024BY Monica O’Shea
  • A Triple ‘F’ Rating for This Federal Budget
    A Triple ‘F’ Rating for This Federal Budget
    Is this the future of Australia? Fat, flaccid, and foolish?
    May 14, 2024BY Graham Young
  • Budget 2024: Interest Payments on Government Debt to Soar by 57 Percent in 4 Years
    Budget 2024: Interest Payments on Government Debt to Soar by 57 Percent in 4 Years
    Total interest payments will soar from $22.7 billion in the 2023-24 financial year to $35.6 billion in 2027-28.
    May 14, 2024BY Alfred Bui
  • Budget 2024: Labor to Spend $468 Million to Get NDIS ‘Back on Track’
    Budget 2024: Labor to Spend $468 Million to Get NDIS ‘Back on Track’
    The government are undertaking reforms to 'moderate this additional growth' and 'return the NDIS to its original intent,' ...
    May 14, 2024BY Nina Nguyen
  • Budget 2024: Billions Poured into Making Australia a ‘Renewable Energy Superpower’
    Budget 2024: Billions Poured into Making Australia a ‘Renewable Energy Superpower’
    A range of green energy initiatives will be funded followed the release of the official budget by Australian ...
    May 14, 2024BY Crystal-Rose Jones
  • Budget 2024: $500 Million to Map the Entire Continent of Australia for Critical Minerals
    Budget 2024: $500 Million to Map the Entire Continent of Australia for Critical Minerals
    The process to map the entire continent will take 35 years.
    May 14, 2024BY Rex Widerstrom
  • Budget 2024: Government to Fund Aged Care Worker Pay Increase
    Budget 2024: Government to Fund Aged Care Worker Pay Increase
    A boost to aged care workers' salaries is among the $2.2 billion in announcements made for the sector ...
    May 14, 2024BY Crystal-Rose Jones
  • Budget 2024: Tax Cuts, $300 Household Energy Rebates Unveiled as Centrepieces
    Budget 2024: Tax Cuts, $300 Household Energy Rebates Unveiled as Centrepieces
    The opposition, however, argues the budget 'does nothing to help Australians get ahead and to restore their standard ...
    May 14, 2024BY Nina Nguyen
  • Opinion: Suppressing Fire Before an Early Election Call
    Opinion: Suppressing Fire Before an Early Election Call
    This year’s Budget paves the way for an earlier election, should its assumptions prove accurate.
    May 14, 2024BY Kevin Andrews
  • Budget 2024: Australians to Enjoy Short-Term Gain for Long-Term Pain Under Budget
    Budget 2024: Australians to Enjoy Short-Term Gain for Long-Term Pain Under Budget
    The Labor government is set to spend $215 billion more than it earns over the next five years.
    May 14, 2024BY Rex Widerstrom
  • Budget 2024: Government Pledges to Build 1.2 Million New Homes in Five Years
    Budget 2024: Government Pledges to Build 1.2 Million New Homes in Five Years
    About $6.2 billion will go into the initiative.
    May 14, 2024BY Crystal-Rose Jones
  • Budget 2024: Australia Reports 2nd Surplus on the Back of Strong Commodity Prices
    Budget 2024: Australia Reports 2nd Surplus on the Back of Strong Commodity Prices
    While the figure is well below the $22.1 billion surplus in 2022-23, it marks the first back-to-back surplus ...
    May 13, 2024BY Alfred Bui
  • Budget 2024: Labor to Expand Paid Parental Leave to Encourage Australians to Have More Children
    Budget 2024: Labor to Expand Paid Parental Leave to Encourage Australians to Have More Children
    The government also wants to pay superannuation guarantee on paid parental leave to help parents who choose to ...
    May 13, 2024BY Celene Ignacio
  • Budget 2024: Labor to Invest $288 Million into Rolling out the National Digital ID
    Budget 2024: Labor to Invest $288 Million into Rolling out the National Digital ID
    The digital ID system will make cybersecurity 'simpler, safer, and more secure,' says Finance Minister Katy Gallagher.
    May 13, 2024BY Nina Nguyen
  • Prioritising Economic Security in a ‘Fragmenting’ World: Treasurer
    Prioritising Economic Security in a ‘Fragmenting’ World: Treasurer
    Jim Chalmers says the May 14 budget will place a 'real emphasis on economic security' amidst multiple concerns ...
    April 17, 2024BY Rex Widerstrom
  • Australia Likely to See $20 Billion Budget Surplus, Despite Deficit: Mid-Year Outlook
    Australia Likely to See $20 Billion Budget Surplus, Despite Deficit: Mid-Year Outlook
    The government says it has banked 92 percent of revenue improvements since the May budget.
    December 12, 2023BY Rex Widerstrom
  • Inflation Not Coming From the Kremlin, but From Canberra: Shadow Treasurer
    Inflation Not Coming From the Kremlin, but From Canberra: Shadow Treasurer
    Shadow Treasurer Angus Taylor says the federal government needs to stop making excuses for Australia's inflation crisis and ...
    May 19, 2023BY Victoria Kelly-Clark
  • Inflation, Supply Chain Problems Coming Soon: Truckers Warn New Tax Regime Will Have Consequences
    Inflation, Supply Chain Problems Coming Soon: Truckers Warn New Tax Regime Will Have Consequences
    Truckers are the latest group to hit back at the federal Australian Labor government after it raised a ...
    May 10, 2023BY Daniel Y. Teng
TOP NEWS
  • The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
    NEW By Sheramy Tsai
    The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
  • Senate Panel Advances Bill to Make Hospitals Compete on Price
    NEW By Lawrence Wilson
    Senate Panel Advances Bill to Make Hospitals Compete on Price
  • House Adopts Budget Blueprint for $95 Billion Reconciliation Package
    1hr By Jackson Richman
    House Adopts Budget Blueprint for $95 Billion Reconciliation Package
  • House Passes Congressional Stock Trading Ban
    2hr By Jackson Richman and Nathan Worcester
    House Passes Congressional Stock Trading Ban
  • US Reaches Nuclear Deal With Saudi Arabia
    2hr By Emel Akan
    US Reaches Nuclear Deal With Saudi Arabia
  • House Passes Defense Policy Bill That Attaches SAVE America Act
    2hr By Jackson Richman
    House Passes Defense Policy Bill That Attaches SAVE America Act
  • Allergy Medication Recalled Over Possible ‘Life-Threatening’ Risks
    2hr By Jack Phillips
    Allergy Medication Recalled Over Possible ‘Life-Threatening’ Risks
  • US, Ukraine Sign Agreement for Drone Testing
    3hr By Jill McLaughlin
    US, Ukraine Sign Agreement for Drone Testing
  • White House Says NJ Noncitizen Voter Error Suggests Need for SAVE America Act
    3hr By Jack Phillips
    White House Says NJ Noncitizen Voter Error Suggests Need for SAVE America Act
  • Doctor Urges Medical Community to Take Action Against China’s Forced Organ Harvesting
    4hr By Frank Fang
    Doctor Urges Medical Community to Take Action Against China’s Forced Organ Harvesting
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