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estimates period

Budget deficit slashed as tax take soars

The federal budget deficit forecast for this financial year has been slashed to just $1.1bn, all but guaranteeing Jim Chalmers will deliver back-to-back surpluses.In a move designed to ease inflationary pressures, the Mid-Year Economic and…

Albo move sparks fury

Adam Bandt has sensationally accused Anthony Albanese of caring more about missiles and tax cuts for the well-off than Australians struggling with the cost of living. In his address to the National Press club on Wednesday, the Greens leader…

Decision to cost Aussies $18 a day

More than one million Australians are likely to be left disappointed after the government hosed down expectations of a boost to welfare payments in the upcoming budget. A task force set up to provide advice to the Treasurer Jim Chalmers on…