Cost of Living

About 100 million litres of jet fuel will begin arriving in Australia in three shipments from the beginning of June.

The opposition argues it could push 40,000 to 90,000 off private health cover onto the public system.

Modelled on British ultra-low-cost carrier Ryanair, Zinc is proposing to offer the cheapest domestic fares between Sydney, Melbourne and Brisbane.

Prime Minister Anthony Albanese says his latest budget will boost innovation, but Australian businesspeople warn it could discourage investment.

Angus Taylor asked Anthony Albanese whether he would rule out changing his mind about taxing the family home, without receiving a direct answer.

The judgment examined 14 promotions and found most were misleading, with the court suggesting alternative pricing methods may have avoided confusion.

A family of four will pay $320 in departure taxes under the changes.

We’re going to fight, even if it gets through the parliament. We’re going to make life hell for this government,' said Angus Taylor.

The treasurer says the overhaul is aimed at providing future tax relief for workers earning a salary compared to investors.

Australia’s welfare bill is forecast to reach nearly $309 billion in 2026-27, accounting for 37.1 percent of the budget.

Treasury says Labor’s policies will create more housing supply that will put downward pressure on rent.

Federal Treasury estimates 305,000 migrants entered the country in the last financial year 2024-25.

The federal budget also reveals tax breaks for commercial television and radio outlets.

The government says the new rates will make for a ‘level playing field’ between wage and salary earners and those who derive their income in other ways.

Labor is expected to cut the capital gains tax discount and limit negative gearing of investment properties.

Australia has grappled with ongoing high insolvency rates since the pandemic.

The budget also includes record health spending and cost of living measures.

The RBA flagged the Middle East conflict as a key contributor to inflationary pressures, with higher fuel costs already flowing through the economy.

The announcement comes as new data shows housing is becoming less affordable across NSW, including in regional areas.

Australians could be in for a hidden inflation shock even as standard unleaded petrol prices normalise.