States in harmony on GST forecasts, discord on carve-up
Several state treasurers are calling on commonwealth officials to tell them how much GST they can expect for the next four years.
state budget and tax
‘He is a tool’: GST war escalates as states trade barbs
The Victorian and NSW treasurers have come face to face as the Labor-run states publicly butt heads over the latest controversial carve-up of GST.
PM denies ‘favourites’ in under-fire GST carve-up
A GST carve-up system lambasted by a state treasurer as "absurd" does not play favourites despite repeat claims of unfairness, the prime minister insists.
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state budget and tax
NSW, Queensland biggest losers in ‘absurd’ GST carve-up
Victoria and Western Australia are multi-billion-dollar winners in the latest carve-up of the Goods and Services Tax , which NSW has slammed as "absurd".
NSW loses $1.65 billion in GST revenue carve-up
NSW will be $1.65 billion worse off after its share of GST revenue was slashed from 92.4 per cent to 86.7 per cent - the largest single-year drop in 24 years.
‘Novel’ claim to have GST money cover Qld debt to NSW
NSW has threatened to withhold funding from Queensland if the state does not pay outstanding bills for COVID-19 hotel quarantine measures.
First homebuyer shared equity scheme clears lower house
A shared equity scheme allowing first homebuyers to buy a property with a two per cent deposit has passed the House of Representatives.
Aussies to keep more of what they earn as tax cuts pass
Low and middle income earners are guaranteed bigger tax cuts after changes championed by Prime Minister Anthony Albanese cleared federal parliament.
Tax brawl firms up as parties push for more relief
The coalition has flagged a tax policy that would let people keep more of what they earn if elected as it prepares to support Labor's revamped reforms.
Property investors won’t lose tax deductions: Treasurer
Treasurer Jim Chalmers says property investors will continue to enjoy their tax breaks, while ruling out the prospect of changes to negative gearing.
Tax cuts all but assured as coalition backs changes
Households struggling with living costs can breathe a sigh of relief, with the coalition agreeing to back Anthony Albanese's reworked tax cuts.
Dutton signals support for Labor’s changes to tax cuts
Australians in need of greater assistance are soon expected to get some relief, with signs the coalition is unlikely to oppose reworked tax cuts.
Alarm sounded over long-term effects of tax cuts
Concerns are being raised new tax cuts will put a dent in the pocket of Australians in the long-term as the issue of bracket creep remains.
‘Walloped’: NSW treasurer blames feds for budget strain
NSW Treasurer Daniel Mookhey has delivered a budget update his opponents have branded the "nightmare before Christmas".
Vic debt up $6 billion in 6 months, heading to $177.8b
Victoria's net debt is now expected to reach more than $177.8 billion by 2027 due to infrastructure spending, which is $6.4b more than predicted six months ago.
Cost of living relief lightens Queensland budget update
Queensland Treasurer Cameron Dick has spruiked further cost-of-living measures on the back off a balanced budget sheet in his mid-year budget update.
Funding deals struck with states on GST, health, NDIS
Anthony Albanese has negotiated deals with states and territories on extra health funding, the GST carve-up and the National Disability Insurance Scheme.
Chalmers open to talks with states on GST
Ahead of a treasurers' meeting, Jim Chalmers says he will work with the states to ensure they get a fair share of goods and services tax revenue.
Coal fires up Queensland’s budget surplus
Net debt has shrunk and the budget surplus has boomed, a report into the Queensland government's finances has revealed.
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High Court rules against electric vehicle charges
The High Court has ruled the Victorian government unlawfully imposed electric, hydrogen and plug-in hybrid vehicle owners a fee for each kilometre they travel.
High Court rules against state electric vehicle charges
The High Court has ruled the Victorian government unlawfully charged electric, hydrogen and plug-in hybrid vehicle owners a fee for each kilometre they travel.
We haven’t forgotten about COVID-19 hotel bills: NSW
NSW has resorted to taking money from the bank accounts of Australians to recoup hotel quarantine bills as talks continue over Queensland's $105 million debt.
Tax on empty homes and vacant land to free up housing
A little-known tax will be broadened to push Victorian landowners to build on or sell empty blocks as the government seeks to boost housing supply.
Public sector reforms may spell budget blues for NSW
NSW Treasurer Daniel Mookhey's budget figures could be in jeopardy, with interest rate rises impacting inflation in the year ahead.
NSW budget targets pre-school ‘drought’ in funding lift
Spending on public pre-schools, increased sexual assault services and major transport projects will be unveiled in the NSW budget.
NSW budget readies for rainy day with surplus surprise
A surplus will bring little comfort to many people who are not eligible for cost-of-living relief as the NSW government insists on prudent principles.
Reactions to NSW state budget and its surprise surplus
The NSW Labor government has delivered its first state budget since 2010, revealing a surprise surplus and promising to funnel spending into essential services.
‘Won’t be fixed overnight’: NSW Labor’s budget warning
NSW residents will soon be handed the first Labor state budget in more than a decade, with promises of short-term relief and long-term reforms.
Certainty for temporary health workers in NSW budget
Temporary frontline workers at risk of being let go from their positions will be made permanent under a NSW budget measure to improve hospital staffing levels.
Regions benefit with budget boosts to health, education
The NSW government will redirect education funding to pay for higher teacher salaries as it pledges extra schools and campus upgrades in regional areas.
Major upgrade to ageing hospitals in $3b NSW govt blitz
Western Sydney's stretched health services and hospitals will receive a significant boost as part of a major budget investment by the NSW government.