Federal Budget

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%.

Senate deal to reduce deficit by $1bn

Govt strikes agreement on company R&D benefits to reduce expenditure by $1bn: report.

Risks to G20 growth plan: Abbott

Many of Australia's commitments unlikely to pass Senate, Prime Minister concedes.

Wages offer new hit to budget

Falling wage growth likely to see individual tax payments fail to meet forecasts.

MYEFO is Hockey's chance to set the record straight

3 comments
Forget the political blame game. The Treasurer should use MYEFO to fully inform the public about the budget and the need for tax reforms.

Putin delivers another vicious blow to Australia

7 comments
The latest Russian gas deal is a huge setback for Australia's LNG industry but the Abbott government still doesn't fully understand what this means for the country.

Hockey confirms budget pain ahead

Treasurer says revised forecasts likely after MYEFO tipped to show budget $10bn worse off.

Budget to blow out $52bn over four years

Slowing economy compounds multiple deficits, according to consulting firm Macroeconomics.

MYEFO to reveal $10bn budget hit

Macroeconomics tips federal deficits will extend well into second decade: report.

Why we shouldn’t hate the GST

19 comments
Australia faces a tough choice between eroded public services or an increase in the tax base. To achieve the latter, a GST increase is the clear winner.

Deloitte warns on budget task

by AAP
Economist Chris Richardson says Senate is underestimating 'huge' budget challenge.

Government, ALP to hold RET talks

by AAP
Government, Labor to deal on renewable energy target, Industry Minister holds target at 20% real.

Palmer hints at direct action deal

by AAP
Clive Palmer says he's had 'very productive' talks on direct action climate plan with government.

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