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The Latest Breaking News from Federal Budget

Tobacco excise revenue has tanked amid a booming black market. That’s a diabolical problem for the government

Tuesday night’s federal budget revealed a sharp drop in what was once a major source of revenue for the government – the tobacco excise.

The Conversation

From mental health to threatened species: the glaring omissions in the 2025 federal budget

University students, renters and people on welfare missed out on a piece of the pie, while the arts sector and preventative health measures were also overlooked

The Guardian - AU

The 2025 federal budget fails the millions of voters who want action on Australia’s struggling environment

Commentators have branded last night’s federal budget as an attempt to win over typical Australian voters concerned about the cost of living, ahead of what is expected to be a tightly fought federal election.

The Conversation

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Disaster response storm brewing over federal finances

Spending on climate adaptation and resilience continues to fall short even as the federal budget reveals spending on disaster response payments is blowing out.

AAP

Budget fails on new money for violence against women

Anti-family violence groups working with men to put an end to the issue have slammed the lack of new funding for measures in the federal budget.

AAP

Is this the right budget for these economic times? We asked 5 experts

Treasurer Jim Chalmers has described the income tax cuts in this week’s federal budget as a “top-up”. They will amount to roughly one cup of coffee a week for every taxpayer in the first year.

The Conversation

'This is the time': calls to prioritise rural health

While the federal budget confirmed sweeping reforms to Medicare and billions in health funding, it's unclear how much will reach the bush, medical groups say.

AAP

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No respite from tax burden on younger workers in budget

Young income earners will be increasingly called upon to fund rising public spending unless structural tax reforms are made in the next term of government.

AAP

Australian federal budget tax cuts: how much will your household receive?

Tax cuts are the major highlight of what Labor’s 2025 budget is doing for households

The Guardian - AU

Tax Cuts & Cheaper Healthcare: 9 Major Takeaways From The 2025 Federal Budget

If you're looking for a handy guide about the 2025 Federal Budget and how it affects young Aussies, we've got you covered.

Pedestrian.tv

Non-compete clauses to be banned for workers including hairdressers and those in childcare in 2025 federal budget

More than 3 million employees earning less than $175,000 a year to benefit from policy, which will make it easier for low-paid workers to switch jobs

The Guardian - AU

Business leaders blast big change coming for workers

Workers looking to switch jobs or start their own companies will soon be better protected, but business leaders are less than impressed with the budget measure.

AAP

Federal budget 2025: here’s what we know so far

The federal budget will be handed down by Treasurer Jim Chalmers at 7:30PM AEDT on Tuesday March 25.

The Conversation

3-Min Explainer: What Is A Federal Budget & Why Should You Care About The 2025 One?

You asked, we delivered — here's your handy guide to this week's 'surprise' budget night.

Pedestrian.tv

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The Conversation

This week’s federal budget will focus on cost-of-living measures – and a more uncertain global economy

Treasurer Jim Chalmers will bring down the federal budget on Tuesday.

The Guardian - AU

Households guaranteed $150 energy bill rebate as Coalition matches Labor budget pledge

Shadow treasurer says opposition will not ‘stand in the way’ but calls measure ‘Band-Aid to a bullet wound’ of high power prices

The Guardian - AU

Expect a lot of talk about Australia’s deficit, but remember the golden rule: budgets are always about choices

The world trade system, and our ability to trust our biggest defence ally, is all gone to hell. What will Labor prioritise in the 2025 federal budget in such an uncertain global environment?

AAP

Treasurer to tighten belt in 'few surprises' budget

Treasurer Jim Chalmers has hosed down speculation of a major upgrade to forecast revenue and warned of "few surprises" on budget night.

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The Independent UK

Team Trump is spending $200 million on ad campaign so migrants deport themselves - as the federal budget is hacked

The department has fired more than 400 federal staffers in the last month

International Business Times UK

DOGE's Latest Victim: Children Who Rely On Free Food In School As USDA Cancels Local Food Purchasing

Federal budget cuts, spearheaded by DOGE, are poised to eliminate vital food programs for schools and childcare facilities.

MarketBeat

Axon: Long-Term Outlook Is Strong Despite Federal Budget Worries

Federal budget cut worries hit Axon Enterprise shares hard. Can this stock, with a $129 billion total addressable market, rise above these fears?

The Conversation

Canada’s productivity strategy needs to centre workers

As Canada moves into 2025, its productivity still lags, despite efforts by the federal government to address the issue in the 2024 federal budget.

Reason

Elon Musk Implausibly Claims 'Competence and Caring' Can Cut the Federal Budget Deficit in Half

The DOGE director wildly exaggerates what can be accomplished by tackling "waste, fraud, and abuse" in government spending without new legislation.

Fortune

He’s not making any cents: Trump says to eliminate the penny

President Donald Trump promised to penny-pinch the federal budget if reelected. Turns out he meant that literally.

The Independent UK

Republicans look to add taxes on college scholarships to help pay for Trump’s tax cuts

Alook at possible federal budget cuts that would affect higher education under the Trump administration

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