Tax relief for workers and pain for investors in 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.
The policies shaping our future
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.
Changes to negative gearing, capital gains tax and family trusts are expected to be unveiled in the Federal Budget.
Just what treasurer Jim Chalmers has in store for the economy could well influence any further interest rate moves.
A Western Australian family of five with three school-aged children will receive up to $950 cash in cost-of-living relief from the state budget.
Extra billions of dollars will be poured into a suburban rail loop as part of Treasurer Jim Chalmers' fifth federal budget.
Higher rates and affordability pressures are threatening to push the housing market into a decline, with prices in the two biggest cities already on the slide.
Lenders must watch out for customers because the corporate regulator won't take a backward step as households face hardship, the outgoing ASIC chair will warn.