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Today’s Headlines

PM Edition, Tuesday October 25, 2022

Good evening, Canberra. Jim Chalmers has just delivered the new Labor government's first budget. Here's everything you need to know.

'Hard times': Chalmers sets his sights on budget repair

Jim Chalmers says "restraint is the name of the game" for the October budget.

At a glance: key measures in the budget

From housing to defence to health and the environment, here are the key measures in each portfolio.

Accord to tackle housing crisis, sets million home target

A million new "well located" homes will be built before the end of the decade, Treasurer Jim Chalmers says.

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Secret plan for Canberra national security precinct

The Albanese government's first budget has revealed details of a highly secretive proposal under development since 2020.

The federal budget's winners and losers

Families, home buyers and veterans are among those scoring big in Labor's "sensible" budget aimed at delivering relief amid challenging times.

How the budget impacts the public service

The government is growing public service staffing to its highest level in a decade.

Labor is now setting its own agenda

Analysis: After picking off low-hanging Morrison government fruit, Labor is now setting its own agenda and timelines, writes Karen Barlow.

Where the 'Barnaby and Bridget money' gets reallocated

Labor has scrapped more than $9 billion in regional infrastructure funding, choosing instead to invest heavily in a new batch of projects.

Chalmers' mantra: whatever you do, don't fuel inflation

Analysis: Labor has largely paid for its election spending promises by hacking into Coalition programs and spending announced in the March budget that hasn't yet taken place, writes Peter Martin.

Big change coming to ABC and SBS funding

The ABC and SBS will be better protected against political interference and arbitrary funding cuts under a big change outlined in the federal budget.

Labor takes the axe to coalition spending

Here are the major savings Labor has made in tonight's budget.

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