The Latest Breaking News from Parliamentary Budget Office

Victoria's Parliamentary Budget Office says the first two stages of the Suburban Rail Loop will cost $200 billion to build and operate by 2084-85. The government put total construction costs for the project at $50 billion.

Wouldn’t you know it? Last Thursday the Parliamentary Budget Office released more than 1,000 pages of costings, for promises in the election we just had.

Government’s election promises will add $6.9bn to deficits over four years, Parliamentary Budget Office says

The Parliamentary Budget Office has released its summary of the budget impact of election promises made by Australia’s major political parties.

The Parliamentary Budget Office has warned that campaign spending could lead to possible inflation in the country.

The election of a record number of independents to the House of Representatives will undoubtedly increase pressure on parliament to change how it operates. Already the newly elected independent member for Goldstein, Zoe Daniel, has called for more resources for two key institutions, the Parliamentary Budget Office (PBO) and the…

Most private schools that took JobKeeper increased their income during the first year of the pandemic, including some of Australia's most exclusive schools.

The last week of campaigns used to be frantic, behind the scenes. In public, right up until the final week, the leaders would make all sorts of promises, many of them expensive, with nary a mention of the spending cuts or tax increases that would be needed to pay for…

Labor has hit back at government claims it is failing to fund its election policies, dismissing the accusation as a scare campaign.

Greens release costings to support 10% levy as part of policy package to increase tax on big companies and super-rich

Opposition Leader Anthony Albanese has once again been forced to clarify comments he has made on the election campaign trail, hampering efforts to refocus the Labor campaign over the Easter long weekend.