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The Latest Breaking News from Angus Taylor

Labor leaves door open for jobseeker recipients to work more hours before losing payments

Treasurer says government won’t rule out adopting Peter Dutton’s proposal for social security recipients to be able to earn more before being penalised

The Guardian - AU

Deeming vows to stay in Liberal party – as it happened

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The Guardian - AU

Michael Pascoe: Still waiting for the real budget boot to drop

There’s some interesting stuff, some good things, some “spinning”, and there are certainly things to be disappointed about in the budget.

The New Daily

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Jim Chalmers accuses Coalition of ‘downward envy’ as Dutton refuses to commit to jobseeker increase in budget

Angus Taylor repeats claims budget may have increased chances Reserve Bank will further increase interest rates

The Guardian - AU

Coalition may support Labor’s cost of living measures

Cost of living measures helping struggling Australians with soaring energy and health costs in Labor's second budget may be supported by the coalition.

The New Daily

Prime minister flags future changes to JobSeeker and other support payments

Prime Minister Anthony Albanese is defending an increase to government support payments, but says "reform is never done" and JobSeeker may be revisited in future budgets, as social advocates say less than $3 a day extra is "insulting".

ABC News

Increase in JobSeeker and rent assistance confirmed ahead of tonight's federal budget

The government has confirmed that tonight's federal budget will include an increase to the JobSeeker base rate, rent assistance, Austudy and Youth Allowance.

ABC News

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‘Proud’ Treasurer points to biggest budget turnaround ‘on record’

A "very proud" Treasurer Jim Chalmers says the budget he will unveil within hours will show "the biggest budget turnaround on record".

The New Daily

Treasurer delivers budget speech – as it happened

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The Guardian - AU

Paul Bongiorno: Prepare for another tax and spend budget

The rituals of the budget are as predictable as they are frustrating, including the mantra that all Labor governments do is tax and spend.

The New Daily

Federal budget tax windfall mostly pocketed to wipe out deficit, Treasurer says

Federal Treasurer Jim Chalmers says he has let most of the money from higher commodity prices and low unemployment "flow through" to the bottom line ahead of unveiling tomorrow's budget.

ABC News

Relief on the way from soaring power bills

Millions of people are in line for energy bill relief in the budget as the government promises hundreds of dollars in savings

The New Daily

Chalmers confirms millions to receive up to $500 in energy rebates in Tuesday budget

Amount received will depend on location, treasurer says, but no comment on calls to increase jobseeker base rate

The Guardian - AU

Tasmania pushing to fast-track new AFL stadium; Chalmers slip hints at budget surplus – as it happened

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The Guardian - AU

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The Conversation

Grattan on Friday: The government invited ambit claims for the budget and now it will be judged against them

Budgets are for stakeholders and interest groups like Christmas is for kids. They’re preceded by a multitude of letters to “Santa”, aka the treasurer, in the run-up.

AAP

Treasurer appoints two new Reserve Bank board members

Former workplace umpire Iain Ross and corporate director Elana Rubin have been appointed to the board of the Reserve Bank of Australia.

The New Daily

RBA overhaul to put board members in spotlight

A major overhaul of the Reserve Bank will see a new board for setting interest rates that's more accountable and holds fewer meetings.

The Guardian - AU

ACTU will not push for spot on RBA board as review released – as it happened

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The New Daily

Massive overhaul of Reserve Bank to change how rates are set

The Reserve Bank of Australia is facing a major overhaul that would change how interest rates are set after a review into its future.

AAP

Reserve Bank renovation to split responsibility

Two separate boards will be responsible for governance and interest rates in a major overhaul in response to a review of the Reserve Bank of Australia.

The Guardian - AU

RBA to have separate rate-setting panel but inflation target expected to remain

First full review for decades recommends raft of changes including splitting the board into two to enable more focus on how interest rates are decided

The Conversation

Reserve Bank to have two boards after overhaul by inquiry

The long-awaited independent review of the Reserve Bank commissioned by Treasurer Jim Chalmers will be released on Thursday, with the treasurer already flagging in-principle agreement with all its recommendations.

AAP

Treasurer calls for bipartisan support on RBA reform

The treasurer wants the opposition and crossbenchers to look "beyond party politics" on upcoming reforms to Australia's central bank.

The New Daily

Low-income tax offset to wind down as planned

The treasurer has defended the government's decision to push ahead with the phase-out of the tax offset for low- and middle-income earners.

AAP

Super tax break reform could boost budget: report

A new report by the Grattan Institute says there is plenty of scope to overhaul superannuation tax concessions in the federal budget.

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