Federal Budget

Cut spending to fix budget: Costello

Peter Costello will urge Scott Morrison to focus on spending cuts rather than tax reform.

Deficits fuel $600bn debt nightmare

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Coalition’s struggle to reduce spending to be reflected in another budget blowout today.

Budget set for $7bn of cuts

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More than $7 billion in spending cuts at the heart of federal budget update tomorrow.

Bowen warns on revenue problem

by AAP
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Shadow treasurer says govt's budget update will paint a 'damning picture'.

Growth won't fix budget: Costello

by AAP
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Former treasurer says growth of 3 per cent required for budget surplus, lower jobless rate.

Corporate tax cut would cost $27bn

by AAP
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Australia Institute says lowering company tax to 25% would slash revenue by billions over decade.

Budget faces $38bn blowout: Deloitte

by AAP
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Slowing Chinese economy key to a $38bn hit to Australia's budget over four years.

Budget faces $38bn blowout: Deloitte

by AAP
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Vast majority of blowout due to Chinese slowdown, says economist Chris Richardson.

No ‘slash and burn’ on budget

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PM vows there will be no major cuts to public spending in upcoming budget update.

Budget shuffle massages deficit

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Major June financial shuffle pulled forward billions of spending into 2014-15.

Hockey’s act of budget defiance

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Joe Hockey defied Tony Abbott over health and education funding to the states in 2014 budget.

How to fix our dysfunctional federal budget

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Perverse budgetary practices are paralysing our ability to conduct real reform – and the problem is set to get worse.

Bankers urge deficit focus in MYEFO

by AAP
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Australia's banks implore treasurer to outline a clear plan to repair federal budget in MYEFO.

Tax changes must be fair: Turnbull

by AAP
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Prime Minister wants to hear new ideas for tax reform, say changes 'absolutely' must be fair.

Govt to explore impact investing

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Government commits to discussion paper on social impact bonds following Murray Inquiry.

PBO warns on budget pressures

by AAP
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Demand for more govt services would reduce any surplus beyond next four years, officer says.

Aust spending 'at recessionary levels'

by AAP
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Latest business outlook from Deloitte paints worrying picture for federal budget.

Spending cuts, lower taxes will boost growth

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The idea that slashing government spending will induce a recession is flawed.

ALP rejects talk of budget blowout

by AAP
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​Labor dismisses govt's claim ALP policies will see budget will blow out by $57 billion.

ALP ‘faces $57bn hit to budget’

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Coalition steps up its attack on Labor over more than $10bn in new spending measures.

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