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The Latest Breaking News from Jim Chalmers

This bold budget has grasped the nettle of tax and housing – but it may not be enough to move the needle for younger Australians

Jim Chalmers, determined not to miss his reform moment more than four years into government, has backed the largest change to Australia’s sclerotic tax system since the Howard era

The Guardian - AU

Albanese government uses its political dominance to implement a ‘Labor’ agenda

The tilt of this budget was, when you think about it, predictable.

The Conversation

Bleak outlook for national economy if Iran war drags on

Higher budget spending won't help the Reserve Bank, economists warn, as a prolonged war in the Middle East is forecast to push inflation above seven per cent.

AAP

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Tax relief for workers and pain for investors in budget

Australians who earn a wage will get $250 in tax relief as part of Labor's budget, but investors and wealthy families could be left worse off.

AAP

Afternoon Update: One Nation casts shadow over budget; soldier dies in training incident; and coexisting with dingoes

Treasurer Jim Chalmers says ‘… the tax system is not working for a lot of Australians’ before handing down his fifth budget

The Guardian - AU

Last-minute budget pitch to 'level field' for young

Labor has made a pre-budget pitch to young Australians on social media as the government shakes up the tax system to help more people buy homes.

AAP

Morning Mail: budget’s $45bn bottom-line improvement, Starmer’s make-or-break moment, Trump’s ceasefire threat

Jim Chalmers aims for better budget bottom line amid speculation about major reforms; Muslim group complains to electoral commission

The Guardian - AU

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How the federal budget became unlocked – and allowed the digital world in

As Treasurer Jim Chalmers prepares to hand down another federal budget, attention is once again turning to one of Canberra’s most tightly controlled democratic traditions: the budget lock-up.

The Conversation

In this year’s budget, Chalmers has to keep a lid on spending – or risk stoking inflation

Crafting a federal budget is never easy. Tonight’s budget is harder than most.

The Conversation

Calls for options in budget to ease pressure on parents

Parents are hoping the federal budget will include more choice, transparency and reform when it comes to child care by providing more subsidy options.

AAP

Is the Howard era over? Albanese and Chalmers are betting the budget it is

With baby boomers outnumbered on the electoral roll, Labor are finally emerging from their shell to address intergenerational unfairness

The Guardian - AU

Budget contains $45bn bottom-line improvement over four years as Jim Chalmers promises ‘spending restraint’

Anthony Albanese says ‘very wide-ranging budget’ will have a focus on housing, productivity and fuel security

The Guardian - AU

What To Expect From Tomorrow’s 26/27 Australian Federal Budget

The Albanese government hands down the 2026 federal budget tomorrow night. Here’s a simple guide to the key changes amidst the jargon.

Pedestrian.tv

'Need to do more': Labor to lift lid on housing reform

Australians are under financial pressure and the government cannot "just sit back", the prime minister says, as his treasurer prepares to hand down the budget.

AAP

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AAP

Budget boost to tackle growing ranks of homeless youth

Helping homeless young Australians to find a place to live is the aim of a $60 million federal budget measure to even the odds of renting a room.

The Guardian - AU

What we know so far about tax, housing, fuel and broken promises in the federal budget

The long sell for Labor’s budget package means we know a lot about what to expect on Tuesday night

The Guardian - AU

Budget to include extra $2bn for infrastructure – as it happened

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AAP

Super shake-up wins support as budget savings spruiked

Changes to the superannuation performance test will unlock more investment opportunities, the sector says, but concerns are raised over the scheme's integrity.

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The Conversation

Grattan on Friday: The Farrer result will set off a willy willy. The budget already has

The run-up to a budget always sees a degree of chaos. But this year it has looked like one of those willy willies that blow up in outback Australia when the wind stirs a storm of dust.

AAP

What Avril Lavigne can teach Chalmers ahead of budget

The best thing the federal government can do to boost productivity in the budget is to make things less complicated for businesses, a top economist says.

The Guardian - AU

Ask your questions about the 2026 Australian federal budget

Got a burning question about capital gains, NDIS, Medicare or EV tax breaks? Use the form to send your question in and our team will get the answer on Tuesday

AAP

Oil crisis not over: warnings of diesel over $4 a litre

With the Strait of Hormuz still shut and stockpiles running down, economists warn fuel prices could spike above levels previously seen during this oil crisis.

AAP

Treasurer warned on household handouts ahead of budget

Millions of Australians could receive an income offset in the budget, but the Reserve Bank is cautioning against the federal government increasing spending.

The Conversation

Next week’s budget to reduce electric vehicle FBT concession

Next week’s budget will contain cutbacks to the concessional treatment of electric vehicles (EVs) that will save the government $1.7 billion over the budget period.

The Guardian - AU

Labor extends EV tax break to encourage cheaper vehicles amid soaring fuel prices

As the cost of the scheme blows out, the government has announced the full discount will be retained for another year, after which it will only apply to EVs costing less than $75,000

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