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Federal budget

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Albanese’s is an ‘experimental’ government – and it looks like the experiment is failing

Albanese’s is an ‘experimental’ government – and it looks like the experiment is failing

It’s the first federal government I’ve seen that has sought to build most of its political and policy mandate after winning office rather than before it.

  • by Shaun Carney

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Households bank on tax cuts and anti-inflation budget plans

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
When politicians fire up on ‘security’, my bulldust detector goes to DEFCON 1

When politicians fire up on ‘security’, my bulldust detector goes to DEFCON 1

Using “security” as a justification for a policy initiative opens the door to interventions that are, in the words of former Treasury secretary Dr Ken Henry, “frankly, bad”.

  • by Ross Gittins
RBA inflation outlook ups pressure on Chalmers ahead of budget

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
Chalmers’ challenge: Hard-headed budget discipline
Editorial
Opinion

Chalmers’ challenge: Hard-headed budget discipline

Australia’s debt-laden households need the treasurer to keep federal spending in check.

  • The Herald's View
Reserve Bank delivers a hospital pass of problems to Chalmers

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
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No scorched earth: Chalmers promises budget spending as economy slows

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
Completion bonuses on the cards in university overhaul

Completion bonuses on the cards in university overhaul

Education Minister Jason Clare’s vision for getting more disadvantaged students into universities will be outlined in next week’s budget.

  • by Natassia Chrysanthos
Student incomes to receive further government boost as Labor goes after youth vote

Student incomes to receive further government boost as Labor goes after youth vote

Education Minister Jason Clare also warned any intimidation on university campuses was “intolerable”.

  • by Angus Thompson and Matthew Knott
An extra $25 billion not enough to guarantee more budget surpluses

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
Labor wipes $3b off student loans as cost-of-living relief measure

Labor wipes $3b off student loans as cost-of-living relief measure

Facing blowback over its agenda to help financially insecure Millennials, Labor has revealed a major change to the calculation of student loan indexation.

  • by Paul Sakkal