Households bank on tax cuts and anti-inflation budget plans
Tax cuts, worth on average $1888, and a further round of cost-of-living measures will be at the heart of Jim Chalmers’ third budget.
- by Shane Wright
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Updated
Interest rates
RBA inflation outlook ups pressure on Chalmers ahead of budget
The Reserve Bank revealed it expects price pressures to grow through the rest of the year, which may require another lift in official interest rates.
- by Rachel Clun and Shane Wright
Analysis
Interest rates
Reserve Bank delivers a hospital pass of problems to Chalmers
Jim Chalmers, a Brisbane Broncos fanatic, will wonder what hit him after the Reserve Bank signalled higher interest rates for longer.
- by Shane Wright
No scorched earth: Chalmers promises budget spending as economy slows
Treasurer Jim Chalmers is poised to deliver a second successive budget surplus, but deficits in coming years to support the economy.
- by Shane Wright
‘Lifters, not leaners’: Analysing 123 years of Australia’s budget speeches
We’ve used artificial intelligence to analyse one million words from 124 budget speeches from 40 treasurers since 1901. Here’s what we found.
- by Shane Wright, Matt Malishev and The Visual Stories Team
An extra $25 billion not enough to guarantee more budget surpluses
Jim Chalmers will deliver his third budget on May 14. Extra tax, which has bolstered the past two budgets, won’t be enough to offset extra spending.
- by Shane Wright
Exclusive
Inflation
Businesses struggle as cash-strapped customers dump spending plans
The cost-of-living crisis that is hitting consumers is now being felt by small and medium-sized businesses as shoppers try to make savings.
- by Shane Wright
Home buyers’ inflation pain almost double the official rate
When the ABS factored interest rates into its cost-of-living index, working people paying off mortgages endured the worst inflation.
- by Shane Wright
China investors in the cold as Chalmers makes security a test for budget largesse
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.
- by Shane Wright
$1 billion for Australian project to build first useful quantum computer
Anthony Albanese will on Tuesday announce the investment to bring a cutting-edge computing company to Australia.
- by Shane Wright
Non-compete clauses in the gun as way to boost wages and economy
Treasurer Jim Chalmers has signalled tough action on non-compete clauses after the United States decided to ban so-called “wage handcuffs” on staff.
- by Shane Wright