The Latest Breaking News from Budget

The State Cabinet is meeting on Friday amid expectations on a decision to implement the five pre-poll ‘guarantees’ given by the Congress. While the Finance Department on Wednesday provided multiple options to implement these guarantees through a presentation to the Council of Ministers, the final contours would be known on…

New budget analysis finds the Australian Defence Force is receiving less "core funding" than before the last election, with parliament this week set to also scrutinise recent controversial overseas military spending decisions.

There is also anger after Taoiseach, Leo Varadkar told the Dáil there will be pension increases as part of October’s Budget

Taoiseach Leo Varadkar promised the increase will be in the next budget

“I can absolutely assure the Deputy of one thing: there will be a further increase in the weekly pension"

Today's Reserve Bank rates decision is heralded by economists as its most important since Covid. An anticipated OCR hike will put new pressure on mortgaged homeowners in election year. Jonathan Milne reports.

This week on the Raw Politics podcast: Labour rebrands as 'The Chris Hipkins Government', Christopher Luxon faces a tired old rumour mill - and a Budget that makes small points well.

The Govt is committed to a target of getting investment to 2% of GDP as a way to “help build a high-skill, knowledge-based and more productive economy”. This is not a Budget to get us there.

A rapid, last-minute amendment to laws governing the levies paid by fossil gas field operators was passed through Parliament on Thursday night.