Labor tucks away $77b war chest for further tax cuts
A new $250-a-year tax offset gives the government an option to return bracket creep directly to working Australians, Treasurer Jim Chalmers says.
The policies shaping our future
A new $250-a-year tax offset gives the government an option to return bracket creep directly to working Australians, Treasurer Jim Chalmers says.
There are big changes in Treasurer Jim Chalmers' fifth federal budget, and not everyone will be happy. Here's what you need to know.
Australians are leaving the cities for inland areas as growing house prices shift migration patterns, bringing positive and negative flow-on effects.
A push for fewer, more skilled migrants and a more robust migration system has been outlined in the 2026/27 federal budget.
Extra funding for enabling infrastructure in the budget will offset a shortfall in housing supply due to a controversial tax package, the government says.
Two supports for small businesses will be made permanent as part of a $3.5 billion tax relief package outlined in the federal budget.
Australians who earn a wage will get $250 in tax relief as part of Labor's budget, but investors and wealthy families could be left worse off.
Australia's bottom line will receive a major improvement, as Labor sets its sights on tackling intergenerational inequity through tax and housing reforms.
After unsuccessfully campaigning on negative gearing changes while Labor leader, Bill Shorten says he would welcome a policy shift in the Federal Budget.
Australians are under financial pressure, and the government cannot "just sit back", the prime minister says, as his treasurer prepares to hand down the budget.