Email

Email

View in browser

Breaking News Alert

Your Federal budget 5-minute guide

Millions of Aussies will welcome tax cuts, bill relief and frozen medicine prices. But others will feel pain with the cost of living blowing out. See what’s in the budget and how i...

More news

Winners and losers in the Federal budget

There’s a tax cut for every taxpayer, but don’t be fooled: there are still winners and losers in this year’s federal budget. See the full breakdown.

Australia’s $1 trillion debt burden despite $9.3bn surplus

Australia’s debt burden will still comfortably sail past one trillion dollars in the next two years, despite the government forecasting a surplus of $9.3bn this year.

NSW short-changed despite win on Western Sydney road funding

Federal funding to NSW is one of the few things that are down in Treasurer Jim Chalmer’s second budget, at the same time as more than 500,000 new migrants are expected to settle in...

$9k worse off: Calculate how much tax you’ll get back

Some Australian households will be more than $9000 worse off when it comes to tax cuts. Use our interactive calculator to see how much you’ll get.

What Jim Chalmers said and what he actually meant

Joe Hildebrand unpacks the budget speech — putting it in plain English to explain how it affects you.

$4250 super boost and child care pay rise

Working Aussie mums are set for a significant boost to their retirement nest egg, and child care workers are up for a raise as the government targets fraud.

Beer, wine and spirits tax rakes in $8bn from drinkers

Alcohol excise is forecast to earn $2.6bn from beer, $3.6bn from spirits and $1.8bn from other alcohol, according to the federal budget.

Chalmers sets stage for early election with $300 bet on Labor

Putting more money into the economy means more inflation. But the Treasurer thinks he has found a way around this fact, or at least a way to hold off reality for a little while

Bikies, drugs and illegal tobacco imports targeted

Bikies and underworld figures involved in organised crime are being targeted to stop cocaine and ice, while illegal tobacco imports that have sparked firebombings are also being hi...

$468m to stop dodgy NDIS therapy rorts and fraud

Millions of dollars will be spent in getting the NDIS back on its feet amid growing evidence of providers taking advantage of participants and taxpayer funding.

Cost of medicines frozen: What you’ll pay

The price of medicines is being frozen — but one group of Aussies won’t face a price hike for a lot longer than everyone else. See how much your medicines will cost.

$6.2bn housing pledge misses mark for homebuyers

The much-championed $6.2bn pledge to address our housing crisis has fallen flat with the bulk of the money going towards infrastructure and not actual homes.

Albo’s $100m army ready for war and Chinese spies

More than $100 million will be spent on preparing Australia for war as the government stops Chinese spies hacking into the country’s systems.

Budget bets billions on big cars over EVs

The Federal Government is betting its bottom line on diesel and petrol cars despite its determined push motorists for green machines.