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The Latest Breaking News from Federal Budget

Treasurer delivers budget speech – as it happened

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The Guardian - AU

ASX edges lower ahead of federal budget, CBA shares recover, Chinese imports slump — as it happened

The ASX finished lower ahead of tonight's federal budget and Commonwealth Bank's CEO has warned of tough times ahead, despite a better-than-expected quarterly profit.

ABC News

Australia’s housing crisis is deepening. Here are 10 policies to get us out of it

As Australia’s housing crisis deepens, governments at all levels are being called on to help. The federal budget will be handed down today, and housing will be a key talking point.

The Conversation

From analysis to the latest developments in health,
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Details of $250m in promised funding for Alice Springs, Central Australia to be revealed in federal budget

Details of tens of millions of dollars in funding to improve safety in the embattled town, announced by the prime minister in February, will be revealed for the first time in the federal budget.

ABC News

Inside the Canberra bubble: what happens in the federal budget media lock-up?

Are you actually locked up? Is it stressful? Do you have internet access? Amy Remeikis answers all your burning budget questions

The Guardian - AU

Budget tipped to go back in black with $4 billion surplus, as debts reduced

The federal budget is predicted to dip into the black which, if it eventuates, will be the first time a surplus is recorded in 15 years.

The New Daily

The gas industry is being hit with jacked-up taxes. What's changing?

Tuesday's federal budget will include changes to a key tax levied on gas exporters, aimed at bringing billions in additional revenue to the budget over the next few years. But some say it still falls too far short.

ABC News

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Australian govt pledges $10 billion in budget to ease cost of living

Australia's centre-left Labor government said on Monday it would include A$14.6 billion ($9.84 billion) over four years in the federal budget for cost of living relief for families and businesses, which it promised would not stoke inflation.

Reuters

Federal budget: White Pages listings, payments to tax havens and the weird contracts within

The federal government spends about $650 billion a year. Where some of it goes will surprise you.

ABC News

Budget 2023-24: What we know so far, before Treasurer Jim Chalmers’ speech

Treasurer Jim Chalmer’s second federal budget will be unveiled on Tuesday, with cost of living relief at the top of the agenda.

The New Daily

Millions to receive up to $500 in energy bill relief at federal budget, as Treasurer flags broader cost of living support

In this week's federal budget, up to $500 in assistance will go to millions of households to help pay energy bills as part of a wide-ranging cost of living package.

ABC News

Budget and data to shed light on economy

New Treasury growth forecasts, to be included in the federal budget, and other data due this week are likely to shed light on the economy

The New Daily

Dementia Australia calls for five-year funding commitment ahead of federal budget release

Dementia Australia says a growing number of people with dementia, which is soon expected to become the country's leading cause of death, means more funding and government support is needed.

ABC News

Deloitte Budget Monitor predicts significant shift in national debt ahead of federal budget

Multi-billion-dollar tax revenue and high commodity prices will likely result in a far healthier federal budget than initially predicted, according to Deloitte's annual Budget Monitor.

ABC News

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Crikey

On welfare, can Albanese rescue his relationship with the past?

The federal budget is likely to include changes to JobSeeker and the parenting payment. But will they be enough?

The Guardian - AU

Australia being unable to afford greater environmental protection is a government myth that refuses to die

Redirecting massive defence spending and implementing a windfalls gains tax in the 2023 federal budget could go a long way to saving our environment

The New Daily

Tobacco tax hiked to stamp out vaping and smoking

Revenue from a federal budget hike in tobacco taxes will go towards programs to reduce smoking rates and vaping.

ABC News

New emergency warning service would allow instant texts in 'critical' disaster situations under $10 million federal budget upgrade

The new system would let the government instantly message all mobiles in a defined area — stopping them from being overlooked or dismissed by those in danger.

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ABC News

Importers, exporters tipped to face price hikes to help fund biosecurity services

Importers and farmers are being warned to expect changes to the cost of importing and exporting from Australia, as the government seeks a new way to fund biosecurity services to keep pests and diseases out.

ABC News

Growing calls for national abortion fund in upcoming federal budget

The federal government is facing growing calls to provide greater access to contraception, and free medical and surgical abortions at all public hospitals.

The New Daily

PM unveils $2bn federal budget boost for healthcare

Anthony Albanese has announced a $2.2 billion healthcare package to support workers, boost nurse numbers and improved after-hours care.

The New Daily

Albanese faces growing pressure to lift JobSeeker payment

Pressure to increase welfare payment rates is ramping up as more than 300 advocates, politicians and notable Australians join the fight.

The Guardian - AU

Federal budget to allocate $4bn for long-range missiles and Australian production of key weapons

Defence minister says army’s artillery range will ‘grow from 40km to in excess of 500km’

Reason

The House GOP Debt Ceiling Plan Would Restore Spending Caps. Good.

The most important part of the Limit, Grow, Save Act is the limits.

Tribune News Service

Editorial: Rural Kansas and Missouri need food stamps. GOP can’t say hunger’s just a city thing

Republicans in the U.S. House of Representatives want to make big cuts to the federal budget as a condition of raising the national debt ceiling. Where do they want to start? Food stamps, of course. And that could have a big impact on Kansas and Missouri.

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