Motorists will receive an extended discount on fuel but the savings will be lower as the government weighs budget costs against higher bowser prices.
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.
Australians believing the economy wasn't working for them forced the federal government to change its stance and implement controversial tax reforms.
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.
Future generations will be left with a "multibillion-dollar debt bomb" if the coalition repeals proposed tax changes, the treasurer warns.
The government is selling controversial investment tax changes as an attempt to rebalance the playing field between young and old Australians.
Liberals leader Angus Taylor has declared his party the only one capable of replacing the Labor government during a key federal council meeting address.
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.
Tax changes in the federal budget are already helping to level the playing field, according to the housing minister.
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.
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.
Labor luminary Paul Keating has been panned as "out of touch" with the modern realities of owning a business after backing controversial tax changes.
Tasmania will spend more on servicing debt in 2026/27 than on police, fire and emergency services, showing the scale of the state's borrowing challenge.
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.
The government has conceded its budget is unlikely to win immediate support from voters as Labor and Liberals taking aim at each others' policies.
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.
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.
Opposition Leader Angus Taylor has unveiled a raft of economic policies aimed at winning back voter support and countering the rise of One Nation.
A new $250 a year tax offset gives the government an option to return bracket creep directly to working Australians, Treasurer Jim Chalmers says.
An extra $114 billion in federal government spending will be directed off-budget as the treasurer claims a "historically responsible" fiscal update.
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.
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.
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.
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.
More than $1 billion in cost-of-living relief will be shared in Western Australia as the state capitalises on an iron ore uplift to bank another budget surplus.
The NT budget offers no "lollies and sweets" but it cements the government's tough-on-crime approach, its architects say.
Expected changes to negative gearing or capital gains tax would not break an election promise because they would be for the right reasons, Jim Chalmers says.
The upcoming federal budget is widely tipped to pare back incentives for property investors as the prime minister promises to tackle intergenerational inequity.
Health, defence and welfare commitments are among fiscal pressures weighing on the federal budget as Treasurer Jim Chalmers vows to put a lid on spending.
Huge enforcement gaps between jurisdictions mean illicit cigarettes and tobacco products are still too easy to access, experts warn.
The treasurer is playing down talk of an improvement to the federal budget bottom line after economists tipped an Iran war-driven revenue boon.
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