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The Latest Breaking News from Federal Budget

Afternoon Update: federal budget hits and misses; controversial statue toppled; and the rise and fall of Ashley Madison

Coalition signals a fight on Future Made in Australia plan while environmentalists label budget ‘one of the worst in recent years’

The Guardian - AU

'Transformative' funding music to the ears of orchestra

The Darwin Symphony Orchestra will be able to pay all of its principal musicians for the first time following a $1 million federal budget funding boost.

AAP

Car pollution cop to police automakers in Australia

A regulator will be established to track vehicle emissions and ensure automakers are meeting pollution targets, federal budget papers have revealed.

AAP

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Budget shows no empathy for the bush: Littleproud

Nationals leader David Littleproud has slammed the federal budget but others are more optimistic about the government's vision for the future of the regions.

AAP

Big miners lead Australian shares higher after budget

Pathology chains have lost ground while major miners made gains following the federal budget, with the ASX200 overall finishing 0.4 per cent higher.

AAP

States query GST carve-up despite 'constructive' budget

The reviews are rolling in for the federal budget, with Australia's two most populous states publicly questioning the support they have received from Canberra.

AAP

'More work to do' to make Australia competitive

Business groups have called for more productivity measures but warned federal budget spending boosts to tackle cost-of-living pressures could fuel inflation.

AAP

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Federal budget 2024 – winners and losers summary

While everyone’s a winner with the energy rebate, which applies to every household, there are certainly some losers

The Guardian - AU

Federal budget ramps up Aukus with $2.6bn earmarked for submarine project in 2024-25

Defence says approved spending for Australia’s acquisition of subs so far totals $13.6bn

The Guardian - AU

Federal budget 2024: $300 energy rebates, cheaper medicines and rent relief in Jim Chalmers’ cost-of-living budget

Treasurer takes gamble on pre-election cost-of-living package that is likely to spark debate about whether the government is doing enough to tame inflation

The Guardian - AU

Internet age limits and online harm targeted in budget

A pilot program to restrict teens' internet use and programs to tackle harmful online content will be funded in the federal budget.

AAP

Rural health still on life support after modest budget

Rural communities say healthcare is at the heart of prosperity in the bush as populations grow. But the federal budget includes very few new health measures.

AAP

Treasurer backs rebates for all in cost-of-living fight

Treasurer Jim Chalmers has defended the use of $300 energy rebates for all households in the federal budget, despite calls to means test the measure.

AAP

Your wish list for the ACT from tonight's federal budget

Here's how readers ranked the projects requested by the ACT government.

The Canberra Times

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AAP

Morrison's replacement takes up mantle in parliament

Liberal MP Simon Kennedy and Greens senator Steph Hodgins-May have officially been sworn in as parliamentarians against the backdrop of the federal budget.

AAP

Households to get energy bill relief, rent help goes up

Energy bill relief and more rent assistance will form part of a cost-of-living package in the federal budget to help Australians struggling to makes ends meet.

The Canberra Times

The ACT government's wishlist for the budget, tell us what you think

The federal budget will be handed down on Tuesday evening.

AAP

Digital IDs to be expanded in fraud crackdown

The federal budget will contain $288 million to boost the use of digital IDs over the next four years.

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AAP

Australian shares finish flat as federal budget looms

The ASX200 finished basically unchanged on the eve of the federal budget and ahead of a readout on US inflation later in the week.

AAP

Government defends faster inflation fall than RBA

Inflation will be back within the Reserve Bank's target range a year earlier than the bank has predicted, based on government budget figures.

AAP

Urgent care clinic funding a 'missed opportunity'

The peak body representing GPs says the federal budget's $8.5b health cash splash doesn't give enough support to doctors, chronic illnesses and mental health.

AAP

Wages, jobs updates to come with budget week

As well as a federal budget, Australia will get its quarterly check-up on worker wages, business surveys and monthly jobs figures.

The Guardian - AU

Chalmers signals inflation focus in budget – as it happened

This blog is now closed.

AAP

Cost of living, net-zero industries focus of May budget

The third federal budget under the Albanese government will be handed down on Tuesday and a number of measures have already been unveiled.

AAP

More tradies to be trained as housing targets loom

As Australia struggles through a housing shortage driven by workforce issues, the government has committed $90 million to training future construction tradies.

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