Cost of Living

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.

‘The Qantas group continues to take action to mitigate the impact of the conflict in the Middle East, including sustained high fuel costs,’ the company said.

Resources Minister Courtney Houssos said current global events make this work more important than ever.

The Victorian government has rejected the proposal, arguing public sector pay should be set independently.

Expressions of interest for voluntary redundancies will close just before the May budget.

The Reserve Bank of Australia is due to make a decision on interest rates on May 5.

The Coalition said if work starts now, 60 days of fuel security could be achieved by 2030, up from the current amount of 49 days.

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.

‘The Qantas group continues to take action to mitigate the impact of the conflict in the Middle East, including sustained high fuel costs,’ the company said.

Resources Minister Courtney Houssos said current global events make this work more important than ever.

The Victorian government has rejected the proposal, arguing public sector pay should be set independently.

Expressions of interest for voluntary redundancies will close just before the May budget.

The Reserve Bank of Australia is due to make a decision on interest rates on May 5.

The Coalition said if work starts now, 60 days of fuel security could be achieved by 2030, up from the current amount of 49 days.