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The Latest Breaking News from Federal Budget

Special poll has Labor barely winning majority as One Nation continues to gain

A special Redbridge poll that was mostly taken before the federal budget had Labor winning 76 of the 150 House of Representatives seats (a majority of one), with One Nation on 53 and the Coalition 12.

The Conversation

Auction sales are sliding, banks are tightening loans. But is the budget really the only factor?

To say this year’s federal budget has ruffled some feathers would be an understatement. The Albanese government announced major reforms to two tax breaks long seen as politically untouchable – negative gearing and the capital gains tax discount.

The Conversation

Global Markets: Australia shares end lower as inflation, Iran peace deal concerns weigh

Australian shares declined on Tuesday, breaking a three-day rally, as concerns over persistent inflation and diminished hopes for a U.S.-Iran peace deal weighed on investor sentiment. The banking sector led the losses, with financials dropping 0.7% amid worries about sticky inflation and potential impacts of federal budget tax changes on…

The Economic Times

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Everyone Who Shared Those AI-Generated Pics Of ‘Shareholder’ Albanese Could Face Legal Action

Small business owners pissed about the Budget could face legal repercussions, experts warn.

Pedestrian.tv

FED:Labor happy with softer housing market since budget

Tax changes in the federal budget are already helping to level the playing field, according to the housing minister.

AAP

Rising rents and ‘death taxes’: why wild claims after the budget don’t actually make sense

For policy nerds like me, the week after the federal budget usually brings some much-needed quiet. After months of speculation and drip-fed policy announcements, we’re usually well and truly ready to move on.

The Conversation

How journalism can serve the greater good

In the washup following the federal budget last week, the ABC did a vox pop interview with a voter about a tax change that would leave him worse off. The answer he gave was unexpected. Instead of complaining, he told the reporter that he supported the change because it could…

The Conversation

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This little-known scheme can help first home buyers save thousands more for a deposit, with less tax

Saving for a first home is already hard enough. So when a federal budget change appears to make some popular savings strategies less attractive, it is no surprise people are worried.

The Conversation

Afternoon Update: Tim Wilson calls budget an ‘earthquake’; NRL star’s shock MND diagnosis; and a whale’s 15,000km odyssey

The shadow treasurer claims Labor’s federal budget will require a ‘substantial clean-up job’

The Guardian - AU

Rates revelation: why RBA dissenter voted against hike

The lone Reserve Bank board member who voted against lifting the cash rate in May was less concerned about inflation expectations than the bank's economists.

AAP

Businesses need more than generic chatbots to benefit from AI. Will this budget help?

This month’s federal budget made a familiar promise: artificial intelligence (AI) will help lift Australia’s productivity.

The Conversation

Australian shares flat as housing-tax changes, global risks cap volatile week

Australia's federal budget on Tuesday proposed curbing negative gearing to encourage investment in new housing, raising concerns about slower mortgage demand.

The Economic Times

The Women’s Budget Statement Was Full Of Promises We’d Heard Before

Experts say the 2026/27 Federal Budget includes some wins for women, but much of the Women’s Budget Statement relies on existing policies.

Pedestrian.tv

Wharf termite repairs worm way into budget

The federal budget has carved out $10 million to tackle 'termites of the sea', as the Australian National Maritime Museum grapples with shipworms.

AAP

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The Guardian - AU

What do the federal budget’s housing measures do for Australia’s ‘forever renters’?

The reforms are ‘bold first steps’ towards structural change, but won’t really affect the outlook for long-term renters, academic says

AAP

Middle ring could be 'hollowed out' by tax overhaul

Tax changes in the federal budget will likely shift property investors to new houses in the outer suburbs and inner-city apartments, economists say.

The Conversation

The federal budget will keep scientific research alive. But it’s unlikely to expand it

In March, a major independent report commissioned by the federal government declared Australia’s research and innovation system was “broken”. The report, titled Ambitious Australia, recommended how to fix it.

The Conversation

Dental funding in this week’s budget is just tinkering around the edges. We need so much more

This week’s federal budget was meant to help tackle the cost-of-living crisis.

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The Conversation

Electric transport is no longer niche. This year’s budget shows it’s the future

Last night’s federal budget suggests an important step in Australia’s transition to cleaner energy and electric transport may be underway.

AAP

Up, up and you pay: tourists to be slugged extra tax

The federal budget has hit tourists with a tax hike to travel overseas, imposing a $10 hike to exit fees.

The Conversation

Will this budget really make housing fairer for more Australians? It’s a good start

The 2026 federal budget was delivered after a year of building expectations for bold reform.

AAP

Rural leaders see budget shortfalls for health, roads

The federal budget was billed as the most ambitious and important in decades, but rural Australians say critical gaps outside the cities did not get a look-in.

AAP

Business sector urges Canberra to tackle red-tape cuts

A powerful alliance of business groups has given the federal budget a tick but says Labor needs to take bigger steps to rid the sector of costly red tape.

AAP

Targets and tests firm up for migrants under budget

A push for fewer, more skilled migrants and a more robust migration system has been outlined in the 2026/27 federal budget.

AAP

Aussies reliant on crucial medicines to save on scripts

More life-saving medications will be subsidised by the government as the federal budget outlines extra funding for price-controlled drugs.

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