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The Latest Breaking News from Jim Chalmers

Budget sneak peek predicts higher wages and tax breaks – but no increase for Australians on jobseeker

Government dampens hopes for an increase to jobseeker, despite pressure from economists, social justice groups and equality advocates

The Guardian - AU

Is ‘from the river to the sea’ violent?

Albanese and Frydenberg’s discussion on the controversial chant, no road charges for EV users, and a Western Sydney council has banned same-sex parenting books.

Crikey

Treasurer worried about home building pipeline

Not nearly enough houses are being built to meet growing demand but the federal government is still confident it can meet its 1.2 million homes target.

AAP

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What’s in the budget? Here’s what we know so far

Jim Chalmers hopes for a second surplus, but says there’s no need to fear ‘scorched earth austerity’.

Crikey

Neoliberals want an austerity budget, but the economy doesn’t need savage cuts

There’s pressure on Labor to produce a contractionary budget next week. But the economy is already weak as rate rises inflict a huge toll.

Crikey

Penny Wong and Palestinian PM discuss recognition of statehood – as it happened

This blog is now closed.

The Guardian - AU

Australia's housing woes to be focus in federal budget

The plight of struggling renters will be addressed in the upcoming federal budget, Treasurer Jim Chalmers says.

AAP

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Federal budget to include new funding for stage 2B of light rail

Government also questioned on future of Canberra stadium.

The Canberra Times

Tax revenue surge as treasurer tempers expectations

Labor won't receive as much tax revenue compared with previous years, but a surplus still remains within reach for the federal budget.

AAP

'Under the pump': expenses help for battling families

Cost-of-living support will be a key focus in the Albanese government's third federal budget, which will be handed down next week.

AAP

‘Placement poverty’ to be tackled in Labor budget with new payments for student teachers and nurses

Midwives and social workers will also be given a $320 weekly payment for undertaking mandatory work placements at university

The Guardian - AU

Global body warns Australia on interest rates, NDIS

Services inflation, the Chinese economy and household consumption are sources of uncertainty hanging over the OECD's economic growth forecasts for Australia.

AAP

Rent, debt, food, petrol: The mighty task of tackling cost of living, by the numbers

Across rent, education, food and petrol, Crikey breaks down the surging cost of living crisis ahead of Jim Chalmers’ third Labor budget.

Crikey

Australia And India Bilateral Relationship Strengthened In Recent Years

Australia and India are enhancing economic and military ties amidst espionage concerns, reflecting evolving geopolitical dynamics in the Indo-Pacific region.

Top News

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The Guardian - AU

Australia expelled two Indian intelligence operatives in 2020 as part of ‘nest of spies’, reports claim

Asio director general Mike Burgess had referred to expulsion of foreign operatives in 2021 speech but did not name country behind threat

The Guardian - AU

Labor to fast-track foreign investment to help fund future industrial policy

Treasurer Jim Chalmers will set a target of 30 days to clear cases as he seeks money for build-to-rent and energy transition

Crikey

Albo lied: Women’s rally organiser

Anthony Albanese is being accused of lying about being told he couldn’t speak at an anti-domestic violence rally, four teenagers arrested on terror charges related to the Wakeley stabbing, and more Australians are going to bulk-billing doctors.

AAP

Spending habits under a microscope ahead of budget

Higher interest rates, cost of living pressures and an increasing tax burden have kept a lid on Australian consumer spending and left retail sales weak.

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AAP

Treasurer faces 'hard truths' in global industrial race

The federal budget provides the "perfect lever to pull" for Australia to win back jobs and investment in the global race to secure clean energy supply chains.

AAP

Community alliance slams 'harm' from employment service

Community organisations, unions and First Nations groups have demanded the government meet its commitments to support the unemployed and disadvantaged.

AAP

Calls to cap student debt indexation after latest rise

University student debt will rise by 4.7 per cent from June, sparking calls for indexation to be capped.

AAP

Borrowers warned not to count on 2024 rates relief

Hotter-than-expected inflation data has likely pushed back the start date for interest rate cuts, a move that will keep pressure on mortgage holder budgets.

Crikey

Many Australians face losing their homes right now. Here’s how the government should help

If it’s a good idea for companies, why not for Australians at risk of losing their homes?

Crikey

How often does Jim Chalmers mention his surplus? (And other important budget numbers)

We break down the global trends that will inform Labor’s next budget, to be handed down next month.

AAP

Financial help for uni students on placement floated

Struggling university students undertaking unpaid placements may receive financial help in the budget, as the union warns of worsening workforce shortages.

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