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Harvey Norman boss Gerry Harvey has launched a scathing attack on the Federal Budget, claiming it ‘won’t make a bloody difference because we’re playing politics’.
The federal Opposition says production tax credits for critical minerals miners and green hydrogen production is ‘billions for billionaires’.
Economists say the Treasurer’s cost-of-living measures make it more likely the RBA will need to keep rates on hold and too much new spending was included, blowing out the future budget deficit
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US aviation authorities say "a privately owned 757 contacted a parked and unoccupied corporate jet" in Florida over the weekend.
Jim Chalmers carried a relaxed smile as he strode toward the ministerial entrance of Parliament House on Tuesday morning, ready to hand down a Federal Budget that could define both him and the nation.
Treasurer Jim Chalmers has defended his Budget on Sunrise as he dodged Nat Barr’s questions and said millionaires are getting help because it is the ‘easiest way’.
The numbers have been crunched in the Federal Budget and it falls to Jim Chalmers to convince the public his cost-of-living strategy will hit the spot.
NICK BRUINING: While the Treasurer is optimistically spruiking the minimal inflationary effects of his Budget, money markets will determine what we end up paying for our money in the form of interest rates.
UP LATE: Ben Harvey reveals the one page of the Federal Budget Jim Chalmers doesn’t want you to see, decoding the bottom line and explaining why high-fiving tax cuts is a ploy to gloss over Australia’s debt.
Australia’s border protection operations have been bolstered with half a billion dollars in additional investment, after coming under fire amid an influx of attempted boat arrivals.
Programs aimed at stamping out anti-Semitism and Islamophobia in schools will get a boost in the Federal Budget.
The Albanese Government is pumping almost $300 million into expanding digital IDs and ‘exploratory work’ on central bank digital currencies.
There will be no interest rate cuts this year, one of the world’s leading credit agencies says, due to immense spending pressures in Treasurer Jim Chalmers’ Federal Budget.
Tax incentives worth billions of dollars will turbocharge critical minerals processing and green hydrogen production under the centrepiece of Anthony Albanese’s flagship Future Made in Australia plan.
The Federal Government will tip $6.2 billion of new investment into housing as it grapples with an escalating crisis crippling the sector that is likely to worsen.