The Latest Breaking News from Josh Frydenberg

The budget says inflation will fall, even though the economy is strong and the government is giving handouts. Financial markets disagree.

Good morning, early birds. Former PM John Howard has said that Coalition spats are nothing but personal grievances but does think Liberal Party members should choose their own candidates, and over 50,000 mourners gathered last night for Shane Warne’s state funeral. It’s the news you need to know, with Emma…

Labor says the 2022-23 budget is ‘not a plan for Australia’s future’ and promises to focus on health and long-term planning in budget reply

Budget speeches are prone to flourishes and embellishment, with treasurers attempting to present their government's record in the best light. With figures flying thick and fast, RMIT ABC Fact Check sorts fact from spin.

In the 2022 federal budget, Treasurer Josh Frydenberg launched a range of vote-winning initiatives – one of which included a breathtaking A$9.9 billion for cyber security over ten years.

This year’s federal budget is characterised by an avalanche of immediate handouts in response to cost-of-living pressures, some sound initiatives and deferral of more fundamental decisions. This is precisely reflected in how the budget treats energy and climate change.

Treasurer Josh Frydenberg’s cash-splash budget has a firm eye on the upcoming federal election. In the environment portfolio, two spending measures are worth scrutinising closely.

The Morrison government has been signalling for some time that it wants the 2022 federal election to be a so-called “khaki election”: one big on defence and national security.

In a follow up speech to Tuesday night's budget, Treasurer Josh Frydenberg addresses the National Press Club on the government's economic recovery.