Interest rate rises to delay Vic, NSW surplus returns
Higher borrowing costs would slow budgets returning to surplus in Australia's two most populous states, an independent credit agency has warned.
Higher borrowing costs would slow budgets returning to surplus in Australia's two most populous states, an independent credit agency has warned.
The premier and the man who wants his job both insist they are the best qualified to handle the NSW budget in a pitch to voters in Sydney's west.
The Victorian government has cancelled registrations for more than 200 vehicles as part of its low-emission vehicle road user charge being fought in court.
The treasurer says a change to super tax concessions above $3 million is a modest budget repair measure amid opposition attacks over the higher rate.
BHP's decision to sell two Queensland coal mines has riled unions and renewed calls from the resource industry for a review of the state's royalty rates.
A complete rebuild of Brisbane's Gabba stadium and a new 17,000 seat arena in the city will form the cornerstone's of Queensland's Olympic infrastructure.
NSW finance minister Damien Tudehope has quit his portfolio over a share scandal and another MP has been demoted while a Labor election hopeful has withdrawn.
Premier Dominic Perrottet insists the Warragamba Dam wall will be raised in the next four years, despite no funding being allocated in the NSW budget.
The High Court is set to rule on whether Victoria's electric vehicle tax is constitutional in a case that could decide what levies states can impose.
The NSW treasurer and his challenger have traded barbs over privatisation, energy bills and infrastructure projects, in the lead up to next month's election.
The Sunshine State is the country's best-performing state economy for the first time in more than a decade of CommSec rankings.
The casino company says it wasn't consulted about a tax-hike plan on its business that NSW Treasurer Matt Kean talked up over the weekend.
Queensland will seek compensation for capping domestic coal prices, as exporters warn the state's own higher royalty charges are "killing the golden goose".
Coal miners are gearing up for a "slow burn" campaign against the Queensland government's royalty hikes after launching a series of attack ads.
First home buyers in Victoria and Queensland could enter the market sooner by looking over the border after NSW introduced significant property tax changes.
The Queensland government says medical practices aren't being slugged with more payroll tax or targeted by compliance authorities.
Anthony Albanese has defended his decision to not offer immediate cost of living relief in the budget, saying it would only add to rampant inflation.
Dominic Perrottet says NSW has been stiffed of infrastructure funding after money was taken away from several projects.
Labor has taken a big step towards budget repair but the harder work of serious tax reform has been deferred until further down the track.
Jim Chalmers has begun the task of budget repair, even as households face power price spikes and lower real wages due to rising inflation.
While lobby groups are heartened by the government's plan to build a million houses across the next five years, critics have described it as a 'con job'.
The Queensland government has more than doubled its predicted 2021/22 budget surplus to $4.3 billion on the back of higher-than-expected tax receipts.
Tasmania and Queensland have the best economic momentum in the country as NSW and Victoria slide down the rankings.
Flooding in NSW, Victoria and Tasmania will add almost 10 per cent to the price of fruit and vegetables at the supermarket.
Headwinds facing the global economy require a coordinated international response, Jim Chalmers has told at a meeting of central bank and economic officials.
Lifting the Medicare levy to funnel more funds into the strained public healthcare system is not on the Albanese government's agenda.
Tax cuts due in mid-2024 have become a flashpoint for the upcoming budget as Australia faces economic headwinds.
Pressure is mounting to change or scrap costly tax cuts baked in by the former government as Labor prepares to hand down its budget in less than three weeks.
The Victorian government will spend up to $560 million to upgrade Monash Medical Centre in Melbourne's southeast as the healthcare system struggles with demand.
The NSW government will block moves by Queensland to access data it needs to impose land taxes on property investors who live south of the border.
Jim Chalmers has revealed government finances were better than expected for the previous financial year but foreshadowed tough decisions in his first budget.