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Labor reveals budget improvement as rate hike looms

AUSTRALIA’S budget has finished about $6 billion better off in the 2025/26 financial year, the government will reveal as it braces for a damaging interest rate rise. Treasurer Jim Chalmers and Finance Minister Katy Gallagher will tout their fiscal credentials when they release the final budget outcome on Monday, but they will also face difficult questions about a darkening economic outlook. Senator Gallagher confirmed the improvement to the underlying deficit, which was projected to be $28.3 billion in the May budget. It’s still a good deal worse than the previous year’s

Bad news comes in twos: cash rate and CPI set to rise

Budget figures put some pep in the treasurer’s step

Inflation gloom prevails despite budget bright spot

Weather, bond turmoil to pressure economy, OECD warns

Kochie on government spending: Name, shame and share the pain

Councils fear data centres ‘coming at us’ on prime land

Now it’s homes before lifestyle for Aussies

AUSTRALIANS are willing to cut back their spending in record numbers to afford a property, affirming the ongoing value of home ownership, new data shows. More than 75 per cent of residen

Perth verdict: rent is the cheapest option

THERE are now no Perth suburbs where it is cheaper to buy a house than rent one, according to new research from the REIWA.The research compared the median monthly rental with loan repayment

THE average Aussie will live to their mid-to-late 80s within a few generations, but the nation will have to get its health policies right to make the most of the added years. Treasury

Home buyers deserve ‘a fair go’ with stamp duty

UNCERTAINTY over stamp duty calculations in NSW could have “an adverse effect” on the housing decisions of homebuyers. The Australian Institute of Conveyancers NSW believes t