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The Latest Breaking News from Federal Budget

Australian govt pledges $10 billion in budget to ease cost of living

Australia's centre-left Labor government said on Monday it would include A$14.6 billion ($9.84 billion) over four years in the federal budget for cost of living relief for families and businesses, which it promised would not stoke inflation.

Reuters

Federal budget: White Pages listings, payments to tax havens and the weird contracts within

The federal government spends about $650 billion a year. Where some of it goes will surprise you.

ABC News

Budget 2023-24: What we know so far, before Treasurer Jim Chalmers’ speech

Treasurer Jim Chalmer’s second federal budget will be unveiled on Tuesday, with cost of living relief at the top of the agenda.

The New Daily

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Millions to receive up to $500 in energy bill relief at federal budget, as Treasurer flags broader cost of living support

In this week's federal budget, up to $500 in assistance will go to millions of households to help pay energy bills as part of a wide-ranging cost of living package.

ABC News

Budget and data to shed light on economy

New Treasury growth forecasts, to be included in the federal budget, and other data due this week are likely to shed light on the economy

The New Daily

Dementia Australia calls for five-year funding commitment ahead of federal budget release

Dementia Australia says a growing number of people with dementia, which is soon expected to become the country's leading cause of death, means more funding and government support is needed.

ABC News

Deloitte Budget Monitor predicts significant shift in national debt ahead of federal budget

Multi-billion-dollar tax revenue and high commodity prices will likely result in a far healthier federal budget than initially predicted, according to Deloitte's annual Budget Monitor.

ABC News

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Australia being unable to afford greater environmental protection is a government myth that refuses to die

Redirecting massive defence spending and implementing a windfalls gains tax in the 2023 federal budget could go a long way to saving our environment

The Guardian - AU

Tobacco tax hiked to stamp out vaping and smoking

Revenue from a federal budget hike in tobacco taxes will go towards programs to reduce smoking rates and vaping.

The New Daily

New emergency warning service would allow instant texts in 'critical' disaster situations under $10 million federal budget upgrade

The new system would let the government instantly message all mobiles in a defined area — stopping them from being overlooked or dismissed by those in danger.

ABC News

Importers, exporters tipped to face price hikes to help fund biosecurity services

Importers and farmers are being warned to expect changes to the cost of importing and exporting from Australia, as the government seeks a new way to fund biosecurity services to keep pests and diseases out.

ABC News

Growing calls for national abortion fund in upcoming federal budget

The federal government is facing growing calls to provide greater access to contraception, and free medical and surgical abortions at all public hospitals.

ABC News

PM unveils $2bn federal budget boost for healthcare

Anthony Albanese has announced a $2.2 billion healthcare package to support workers, boost nurse numbers and improved after-hours care.

The New Daily

Albanese faces growing pressure to lift JobSeeker payment

Pressure to increase welfare payment rates is ramping up as more than 300 advocates, politicians and notable Australians join the fight.

The New Daily

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The Guardian - AU

Federal budget to allocate $4bn for long-range missiles and Australian production of key weapons

Defence minister says army’s artillery range will ‘grow from 40km to in excess of 500km’

Reason

The House GOP Debt Ceiling Plan Would Restore Spending Caps. Good.

The most important part of the Limit, Grow, Save Act is the limits.

Tribune News Service

Editorial: Rural Kansas and Missouri need food stamps. GOP can’t say hunger’s just a city thing

Republicans in the U.S. House of Representatives want to make big cuts to the federal budget as a condition of raising the national debt ceiling. Where do they want to start? Food stamps, of course. And that could have a big impact on Kansas and Missouri.

The New Daily

Global uncertainty to cast shadow over federal budget

Treasurer Jim Chalmers has warned the upcoming federal budget will come at a time of some of the lowest global growth in decades.

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AAP

Global uncertainty casting a shadow over federal budget

Treasurer Jim Chalmers has warned that the upcoming federal budget is being put together against a backdrop of difficult global economic conditions.

AAP

Calls for cyber security boost in federal budget

A technology industry peak body wants more cyber security measures to be made available to small and medium businesses as part of the federal budget.

The Conversation

The Canadian government should make the grocery rebate permanent to combat the affordability crisis

One of the most anticipated measures of the 2023 Canadian federal budget is the grocery rebate. The rebate is designed to provide relief to millions of Canadians who are struggling with rising grocery prices and food insecurity.

The Guardian - AU

National Gallery of Australia among institutions to receive $535m to avert funding crisis

National gallery, library and museum among organisations to be thrown financial lifeline after years of underfunding

The New Daily

‘Unfair and unsustainable’: How Australia could save up to $13.5 billion curbing super tax breaks

The federal budget could save up to $13.5 billion a year by curbing superannuation tax breaks that disproportionately benefit the richest Australians,

The Conversation

Federal budget 2023: Long-term investments are needed to fix Canada’s infrastructure gap

The federal government’s 2023 budget unveiled investments in infrastructure, with a narrative highlighting resilient and sustainable communities, and pointing to Ottawa’s progress and investments to date.

The Conversation

Federal budget 2023: Grocery rebate is the right direction on food insecurity, but there's a long road ahead

With grocery prices at an all-time high, Canadians were paying close attention to the 2023 federal budget and what relief it might bring.

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