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The Latest Breaking News from Jim Chalmers

No, the budget does not make further interest rate rises more likely

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

The Conversation

Michael Pascoe: Still waiting for the real budget boot to drop

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

The New Daily

Instead of winning plaudits, why did Jim Chalmers’ budget surplus leave pundits nonplussed?

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

The Guardian - AU

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The day after the night before - Chalmers and Taylor on the budget

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…

The Conversation

Jim Chalmers accuses Coalition of ‘downward envy’ as Dutton refuses to commit to jobseeker increase in budget

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

The Guardian - AU

Afternoon Update: Budget reactions; US child shot playing hide-and-seek; and Air New Zealand’s new bunk beds

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

The Guardian - AU

How Australia’s newspapers reacted to the 2023 federal budget

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

The Guardian - AU

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Chalmers defends budget’s ‘meaningful’ help amid split on interest rate risks

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

The New Daily

Economists say federal budget unlikely to have much effect on interest rates

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

The Guardian - AU

Federal budget 2023: Billionaire Andrew Forrest a likely budget winner with green hydrogen subsidies

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.

ABC News

Coalition may support Labor’s cost of living measures

Cost of living measures helping struggling Australians with soaring energy and health costs in Labor's second budget may be supported by the coalition.

The New Daily

Australian government rejects concerns budget may worsen inflation

Australia's Labor government said on Wednesday the billions in cost-of-living relief unveiled in the federal budget for families and businesses will not worsen inflationary pressures and put more pressure on the central bank to lift rates further.

Reuters

Albanese says Sally Rugg case not behind $159m budget boost for MPs’ electorate staff

PM cites increased workload for staff of all political stripes while treasurer points to ‘well-publicised court cases’ as motivation

The Guardian - AU

Who is eligible for the $500 energy bill relief payment? It depends on where you live

The federal government had to negotiate different agreements with each state and territory, so it's a little complicated. Let's look at how much you might get slashed off your bill, depending on where you live.

ABC News

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The Guardian - AU

PM maintains ‘we’re the party of aspiration’ – as it happened

This blog is now closed.

The Guardian - AU

Morning Mail: Trump sexually abused writer, jury finds; Chalmers’ cost-of-living budget

Advice columnist E Jean Carroll was attacked by former president but not raped, jury decides, awarding her $5m; treasurer walks fine line in budget

ABC News

Federal budget 2023: Albanese defends JobSeeker increase after budget revealed — as it happened

Treasurer Jim Chalmers has delivered his post-budget address at the National Press Club. Look back on Wednesday's updates.

ABC News

Federal budget 2023: Does a budget focused on the cost of living mean inflation and interest rates could get worse?

Treasurer Jim Chalmers is adamant that his budget will not make inflation worse and force the Reserve Bank's hand on interest rates — but economists are divided, with some saying it paves the way for a rate hike in the coming months.

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The New Daily

Alan Kohler: A beautiful, lucky, meaningless budget

Jim Chalmers has produced a budget document that beautifully navigates the difficult terrain of economics and politics.

The New Daily

Federal budget 2023: The winners and losers in Treasurer’s cost-of-living budget

Treasurer Jim Chalmers pledged billions in new spending to help families navigate the cost-of-living crisis in his second budget.

Pedestrian.tv

JobSeeker Rent Assistance Are Increasing From ‘Jack Shit’ To ‘Diddly Squat’ So Thanks, Labor

Treasurer Jim Chalmers has dropped Labor’s first fully-fledged budget after a ‘lil one last October and guess what? Renters and folks who receive Centrelink payments were shafted. Who’d have thunk it!The TL;DR is that Aussies on JobSeeker will cop an extra $40 a fortnight, so single folks with no children will…

ABC News

What's in the federal budget for women?

Since it came to power, Labor has repeatedly vowed to deliver a "strong budget" for women. So what's in Jim Chalmers and Katy Gallagher's second budget for women?

ABC News

What's in the federal budget to help ease the housing affordability crisis?

More than one million low-income renters will soon get an increase to their Commonwealth Rental Assistance payment under a new measure announced in the budget.

The Guardian - AU

Australia budget 2023: six graphs that explain this one-off surplus

From the one-time surplus to the budget’s impact on inflation, here’s what you need to know

The Guardian - AU

Households offered $1bn help in budget to install energy saving measures

Low-cost loans for double glazing, solar panels and other improvements should benefit more than 100,000 households, while $2bn is set aside for hydrogen projects

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