Federal Budget

PBO warns of downside risks to budget

by AAP
Parliamentary Budget Office casts doubt on prospects for balanced budget in five years.

Govt eyes deal to reinstate some FoFA reforms

Finance Minister Mathias Corman outlines amendments can be remade into new FoFA policy.

Vic Labor jeopardises $3bn funding: Abbott

Victoria will lose $3bn earmarked for roads if it dumps East-West Link, says PM.

PM to dump GP co-payment: report

Govt tipped to water down PPL scheme, abandon controversial $7 Medicare charge.

Abbott, Lambie to hold budget talks

by AAP
PM to meet with controversial senator today to discuss passage of government bills.

Go easy on budget in near term: OECD

by AAP
OECD warns Australian government not to make "heavy-handed" budget cuts.

Minister wouldn't trust ASC to build canoe

by AAP
Defence Minister says he wouldn't trust Australian shipbuilder ASC to build a canoe.

ABC boss could face inquiry into cuts

by AAP
ABC's Scott will be asked to tell parliamentary committee how cuts will affect the it.

PM admits to ABC, SBS no cuts comment

by AAP
PM Tony Abbott concedes he made the "no cuts" to ABC and SBS comment but argues now necessary.

Parkinson warns on GST focus

by AAP
Outgoing Treasury boss says it is a mistake to focus on GST when discussing tax reform.

Medibank listing may ease budget angst

by AAP
Larger-than-expected proceeds to go into government's asset recycling fund.

Pyne pounces on Senate rift

Coalition in final push to get budget savings through fractured Senate in next fortnight.

Defence personnel not worse off: Johnston

by AAP
Defence Minister argues soldiers aren't worse off under Coalition government.

Govt car industry cuts set to stall

by AAP
Government's planned cuts to car industry assistance may stall in Senate.

No special treatment promised to ABC: PM

by AAP
PM argues government "fundamentally kept faith" over ABC and SBS.

Medibank proceeds won't be siphoned: Cormann

by AAP
Government won't be siphoning off proceeds from Medibank Private sale to pay down debt.

Senate to veto another $900m in cuts

More budget woes for govt as Labor, crossbench senators to block $900m in auto cuts.

Budget deficit heads for $40bn

Treasurer says export diversification required as Citi forecasts ballooning deficit.

ABC budget cuts: Mark Scott says jobs to go, aims to save content

ABC confirms jobs to go but content protected where possible.

ABC budget cut by $250m over five years

by AAP
Turnbull says ABC faces a 4.6% budget loss, while SBS faces cuts of $25.2m, or 1.7%.