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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…

Push for new tax as banks bail from towns

A federal levy which could allow people to continue banking at post offices could be a solution to an ongoing branch closure crisis as banks desert cities and regional hubs across Australia.A Senate inquiry examining bank closures across…

Fatal RBA move that doomed us all

A few short weeks later financial markets are fast reappraising the appointment. Market pricing and scuttlebutt are concerned that Bullock’s promotion was political and Treasurer Jim Chalmers has an undue influence over monetary policy.Bad…

300 families ruined by building collapse

Devastated customers of a collapsed building firm are calling out the state government for being “unfair” because other victims of the construction industry crisis have been compensated, but not them.In March this year, Australia’s 13th…

New split emerges over Indigenous Voice

Politicians are split on whether the wording of the proposed constitutional amendment to enshrine the Indigenous Voice should be changed before the referendum.The parliamentary committee investigating the Voice to parliament and the…

Adorable moment during budget

An adorable moment between Jim Chalmers and his young daughter has been captured during budget night. The Treasurer was under immense pressure on Tuesday as he handed down the government’s second budget in under a year. The budget will see…

How to cash in on budget promises

Millions of Australians will receive a boost from the federal government toward medical care, bills and welfare payments after Treasurer Jim Chalmers handed down his first budget. Amid the forecast that the budget will be back in the black…