Chalmers prioritises budget savings over tax hikes
Treasurer Jim Chalmers detailed a $77 billion budget boost driven by NDIS savings and housing tax reforms to improve affordability.
Treasurer Jim Chalmers detailed a $77 billion budget boost driven by NDIS savings and housing tax reforms to improve affordability.
Australia disclosed a $14.8 billion fuel security and price relief package in tonight’s budget.
The Australian government unveiled a $780 million annual deregulation package to slash financial sector red tape.
The Albanese government unveiled a landmark 2026 Budget productivity package, featuring $10.2 billion in regulatory savings.
Treasurer Jim Chalmers has confirmed a sweeping overhaul of Australia’s tax landscape.
The RBA warns of two years of financial strain as rising fuel prices drive inflation, impacting groceries, construction, and household budgets across Australia.
RBA Governor Michele Bullock defends the hike to 4.35%, warning that the Iran war and oil shocks have "complicated" the inflation fight and increased recession risks.
Australian household spending went up by 1.6% in March, marking an acceleration from the modest gains seen at the start of the year.
New Zealand's annual inflation rate held firm at 3.1% for the March quarter, according to the latest consumer price index data released by Stats NZ.
Australia's unemployment rate held steady at 4.3% in March 2026, according to the Australian Bureau of Statistics.
IMF warns of a potential third global recession this century as Middle East conflict threatens oil supplies.
Australian household spending maintained its upward trajectory in February, climbing 0.3%.