Finance Minister Katy Gallagher’s spending audit has found $50 billion in savings and redirected spending over the last two budgets. Economists say more needs to be done.
The treasurer wants to unleash huge public investment in new industries to cement Labor’s “made in Australia” plan. That sets up the Coalition attack.
Anthony Albanese’s Future Made in Australia will be the centrepiece of the May budget. The treasurer will reveal the five key tests for how it will work.
As he prepares to hand down his third budget,the treasurer explains why the economy’s soft,and why he’s not craving the prime ministership.
In a world of rising geopolitical tensions,Australia is tightening up its foreign investment laws in lockstep with many other Western nations.
Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the developed world as inflation surged,OECD data shows.
Matt Berriman resigned from the peak body,citing frustration with the federal government. It will intensify scrutiny on Labor’s dedication to mental health.
Rugby league legend Wally Lewis took his traumatic fight to Canberra. All levels of sport are crying for change.
Jim Chalmers is on track to deliver successive budget surpluses,but a slowing economy may force the nation’s finances back into the red.
After a series of meetings with world economic leaders,Treasurer Jim Chalmers has been forced to change tack on next month’s budget.
The first threat,the treasurer will say,is rising global tensions,as he looks to repair the nation’s finances and reform the economy.