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‘Not sugar hits’: cost-of-living package under fire

A state government launching a post-budget sell has come under fire over a cost of living package that critics say doesn't make a difference to families.

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Premier threatens to name and shame energy retailers

Cost-of-living rhetoric is ramping up ahead of a state budget as leaders deliver warnings to energy companies.

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Fight and flight: tax inquiry fuming just a smokescreen

Fears startup founders will pack up and move their businesses overseas due to tax changes are unfounded, a parliamentary inquiry hearing has been told.

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Better but ‘not perfect’ tax reform wins expert support

Senators are being told to drown out the cries of vested interests and pass tax changes some economists say will make the economy fairer for working people.

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Minister accuses states of exaggerating NDIS criticism

State and territory ministers have hit out at looming reforms to the National Disability Insurance Scheme, but the minister in charge says they're posturing.

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Big bank changes RBA rate call as cost pressures ease

Slowing economic activity and softer price growth could convince the Reserve Bank to keep rates on hold, with inflation pressures weaker than initially feared.

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Budget relief for families but debt burden soars

South Australians will share in a $500 million package to ease the cost of living as the government insists a $53 billion debt won't spiral out of control.

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‘Likely he’s lying’: treasurer points finger at rival

Future generations will be left with a "multibillion-dollar debt bomb" if the coalition repeals proposed tax changes, the treasurer warns.

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‘Huge mistake’: how Howard spurred Boomer investors

The share of property investors older than 60 has more than doubled since the capital gains discount was introduced, Reserve Bank of Australia research shows.

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Treasury chief defends Labor’s beleaguered budget

Controversial budget changes would have cut the lifetime tax benefits for the top one per cent of earners by $400,000 if implemented in 2000, Treasury says.

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Labor happy with softer housing market since budget

Tax changes in the federal budget are already helping to level the playing field, according to the housing minister.

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Investor tax cut call as opponents fight Labor plan

A Labor plan to reduce investor incentives has been branded a "productivity tax" as opponents call for lower taxes for those with money to put aside.

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Concerns, doubts over Tasmania budget cuts

Rating agency S&P Global says Tasmania's budget repair carries "high execution risk," doubting the government will follow through on $1.47 billion in cuts.

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‘Out of touch’: businesses blast ex-PM’s budget backing

Labor luminary Paul Keating has been panned as "out of touch" with the modern realities of owning a business after backing controversial tax changes.

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Treasurer blames ‘misinformation’ for war on tax change

Critics of the government's capital gains tax changes are being accused by the treasurer of overstating how much extra tax small businesses will have to pay.

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Labor defends budget tax changes despite critical polls

Labor insists it's taking the right approach to tax reform despite a majority of Australians saying the latest budget will leave them worse off.

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Budget brawl escalates over rival tax cut proposals

The government has conceded its budget is unlikely to win immediate support from voters as Labor and Liberals taking aim at each others' policies.

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Coalition migrant cuts plan triggers ire of uni sector

The universities sector, which relies heavily on fee-paying foreign students, says coalition plans to cut immigration would hurt the economy and cost jobs.

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‘Where the bloody hell are ya?’: NZ’s budget sledge

New Zealand is campaigning for Australian talent off the back of major tax reforms in the budget, with the Kiwi government also whacking the broken promise.

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Coalition’s bracket creep plan to cost tens of billions

The coalition's economic plan for Australia would hand back more money to workers by indexing tax rates to inflation at a cost of tens of billions of dollars.

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Middle ring could be ‘hollowed out’ by tax overhaul

Tax changes in the federal budget will likely shift property investors to new houses in the outer suburbs and inner-city apartments, economists say.

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Taylor faces ‘strategic error’ in seizing on migration

Angus Taylor is set to face one of his biggest challenges as opposition leader when he hands down his budget reply amid a growing challenge from One Nation.

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Tax, migration and NDIS in coalition’s economic sights

Opposition Leader Angus Taylor has unveiled a raft of economic policies aimed at winning back voter support and countering the rise of One Nation.

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Green groups warn climate courage missing from budget

Budget announcements for green industry and nature protection fall short as climate costs mount and opportunities to extract more fossil fuel income go missed.

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Labor tucks away $77b war chest for further tax cuts

A new $250 a year tax offset gives the government an option to return bracket creep directly to working Australians, Treasurer Jim Chalmers says.

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Budget spending stokes fears of further rate rise pain

An extra $114 billion in federal government spending will be directed off-budget as the treasurer claims a "historically responsible" fiscal update.

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Tax relief for workers and pain for investors in budget

Australians who earn a wage will get $250 in tax relief as part of Labor's budget, but investors and wealthy families could be left worse off.

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Bleak outlook for national economy if Iran war drags on

Higher budget spending won't help the Reserve Bank, economists warn, as a prolonged war in the Middle East is forecast to push inflation above seven per cent.

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Last-minute budget pitch to ‘level field’ for young

Labor has made a pre-budget pitch to young Australians on social media as the government shakes up the tax system to help more people buy homes.

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‘Need to do more’: Labor to lift lid on housing reform

Australians are under financial pressure and the government cannot "just sit back", the prime minister says, as his treasurer prepares to hand down the budget.

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Budget builds up to shift for ‘broken’ housing market

An extra $2 billion will be pledged in the budget to build sewerage and roads for new homes as the treasurer frames housing policy as a remedy to populism.