The Latest Breaking News from Jim Chalmers

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Inflation, as Prime Minister Anthony Albanese has said, is “a tax on the poor”.

There’s some interesting stuff, some good things, some “spinning”, and there are certainly things to be disappointed about in the budget.

There’s a glorious irony that a surplus, after so many deficits, attracted such little attention

Will the budget make inflation worse? Are its boosts to welfare payments just the first step for the Labor government? Could the projected one-off surplus be followed by another one or more? What (if any) of the budget measures will the Coalition oppose? There’s quite a bit about this budget…

Angus Taylor repeats claims budget may have increased chances Reserve Bank will further increase interest rates

Labor’s budget criticised as Coalition and Greens say there is not enough cost-of-living help

Cartoons of treasurer Jim Chalmers dominated front pages, while the budget works ‘a Chalm’ for the voter featured on the Daily Telegraph

Treasurer Jim Chalmers has defended his second budget as offering "meaningful relief to households" – while not contributing to inflation.

While the 2023 budget is unlikely to budge the RBA, experts are watching for inflationary pressure from a population boom and energy prices

The government has injected $2 billion into green hydrogen through the federal budget amid fears Australia is falling behind in the race to become a renewable energy superpower.