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The Latest Breaking News from Labor

Federal budget sets up Murray-Darling Basin showdown

The government has announced a plan to buy back water from irrigators for the first time in a decade, setting up a showdown between stakeholders in the Murray-Darling Basin.

ABC News

Anthony Albanese considering electricity market intervention as federal budget forecasts surging prices

The federal budget is forecasting a 56 per cent increase in electricity prices and a 44 per cent increase in gas prices in the next 18 months, prompting Prime Minister Anthony Albanese to flag possible market intervention.

ABC News

Mixed response to $350m housing boost

While lobby groups are heartened by the government's plan to build a million houses across the next five years, critics have described it as a 'con job'.

AAP

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Energy rebates ruled out as bills to surge

Treasurer Jim Chalmers says Australia can't afford to give rebates on huge electricity bills, despite some calls for them to be implemented.

AAP

Treasurer says Taylor’s fingerprints ‘all over’ energy policy chaos – as it happened

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The Guardian - AU

Middle Arm industrial precinct, remote homelands and Aboriginal art gallery funding confirmed for NT in federal budget

Funding for a billion-dollar industrial hub on Darwin Harbour and a national Aboriginal art gallery in Alice Springs are among the big-ticket items confirmed for the Northern Territory in Tuesday's federal budget.

ABC News

Morning mail: winners, losers and political fallout from the ‘no surprises’ budget; UK PM assembles cabinet

Wednesday: Treasurer Jim Chalmers warned power prices will rise next year and flagged the need for tax reform. Plus: ‘world’s dirtiest man’ dies

The Guardian - AU

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Students cop cuts, as rorts and zombie plans axed with more than $20 billion saved

Tens of thousands of students will miss out on university fee discounts worth $36 million a year as Labor slashes some budget spending.

The New Daily

Alan Kohler: Jim Chalmers delivers a responsible budget, with no repair and no relief

The last time a new government brought down its first budget, in 2014, it was a disaster for all concerned.

The New Daily

Budget good, but more needed: business

Treasurer Jim Chalmers' first budget has been welcomed by business chiefs, but they say more work is needed to get the economy on a stronger footing.

AAP

Budget breaks promise to families: Libs

The federal opposition has slammed the Albanese government's first budget for not addressing the rising cost of living in the short term.

AAP

Prayer is 'absurd' in politics: Greens MP

The NSW Greens are renewing a push to scrap the reading of Christian prayers in the state's parliament, calling the tradition "absurd" and out of touch.

AAP

Jim Chalmers just handed down his first federal budget, but did he get his facts straight?

Did the Treasurer get his facts straight in Labor's first budget speech in a decade? RMIT ABC Fact Check investigates.

ABC News

Federal budget 2022: Here’s what’s in it for you

Treasurer Jim Chalmers has handed down Labor's first budget since the election, making good on a range of election pledges.

The New Daily

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Labor’s Dropped Its First Federal Budget In A Decade So Here Are 6 Takeaways For Young Aussies

Labor's flagged the budget as "responsible" - but it's still going ahead with those tax cuts.

The Conversation

Everything you need to know about Labor's first budget in 6 charts

This Budget makes hard decisions for hard times.

The Guardian - AU

Budget cuts and Morrison’s pledges: where are the biggest savings coming from?

At least $9bn of regional, environmental and infrastructure spending has been slashed in Labor’s October budget – here are the projects that will miss out

The Guardian - AU

Government to crack down on NDIS provider fraud amid warning scheme will soon cost $50bn annually

Bill Shorten says $126m earmarked in Labor’s October budget will help protect national disability insurance scheme ‘from crooks’

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The Guardian - AU

Labor pledges extra $200m in Australian aid for Ukraine and $500m for veterans in budget

Albanese government unveils big boost to Pacific aid partly offset by axing Coalition’s agriculture visa while sparing defence from major cuts

Newcastle Herald

Budget 2022: Hunter cash locked in for airport, hydrogen

The new government also met its commitment to restore funding to the GP Access After Hours service in the Hunter.

The Guardian - AU

This is a federal budget of no surprises – designed to be sober, to build trust in the hope of better things to come

Labor’s 2022 budget is about a new government starting as it means to continue, then crossing its fingers and hoping continuing like that is actually possible

The Guardian - AU

Labor overhauls Australia’s climate spending in budget and sounds warning on future costs

Climate and environment programs in 2022-23 partly funded by redirecting $746.9m from those promised by Coalition

The New Daily

Chalmers’ budget debut enlivens a ‘safe change’ agenda and lays the groundwork for more

Jim Chalmers promised a “bread-and-butter” budget, but he is unlikely to have disappointed Labor’s faithful by delivering it.

The Guardian - AU

From solar power for renters to detector dogs – 10 budget measures you may have missed

Some unexpected areas secure a slice of Australia’s economic pie in a Labor plan touted largely as a ‘bread-and-butter affair’

The Guardian - AU

Federal budget 2022 summary – winners and losers: who will benefit and who was left behind?

The governor general, Bob Katter, jobseekers, seniors and Double J listeners – everyone has a stake in the federal budget, but some have done better than others

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