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The Latest Breaking News from Federal Budget

GPs, bulk-billing and MyMedicare: The budget measures that may change how you see a doctor

Tuesday's federal budget included a $5.7 billion boost for general practice, but that's not all the budget had in store for primary health care. Let's take a look at everything that's been announced and what it could mean for you and your health.

ABC News

Watch: Budget reply, Hayne sentencing, Deeming expelled

Watch: Opposition Leader Peter Dutton has used his Federal Budget reply speech to claim an increase in migration will only stoke inflation, and proposed

The New Daily

‘Insidious’ budget change will hit grocery prices, truck groups say

Farmers and trucking companies will face rising fees after this week's federal budget and may be forced to pass them on to consumers, groups warn.

The New Daily

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Peter Dutton proposes letting JobSeeker recipients work more without affecting payments instead of $40 increase

Opposition Leader Peter Dutton says JobSeeker recipients should be allowed to work more hours without it eating into their payments, as he responds to the federal budget.

ABC News

Gulf of Carpentaria towns fear another flood as urgent funding pleas ignored in federal budget

Leaders in one of the country's most disadvantaged communities fear their towns will die if bridges are not raised before the next wet season.

ABC News

Food banks worried more people will go to bed hungry after missing out on budget funding

Food charities are struggling to keep their pantries stocked with more hungry mouths to feed than ever before, but there was no joy in this week's federal budget.

ABC News

Watch: Budget debate heats up, Housing fund fallout, Wiggles NRL move

Watch: Peter Dutton is preparing his Federal Budget reply speech, but not before taking another swipe at Labor's 'inflationary' Budget. Meanwhile, a

The New Daily

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Indigenous groups say ‘mixed bag’ federal budget gives boost to health but neglects legal services

Senator Lidia Thorpe accuses Labor of splashing money on ‘toothless’ voice to parliament at expense of other services

The Guardian - AU

Budget signals important role for Hunter in ambitious renewable energy agenda

Professor Roberta Ryan says the federal budget will support the Hunter across three key transformative challenges.

Newcastle Herald

Federal budget boost could be a 'game-changer' for Australian film sector, industry says

The federal government's plan to attract more international film and television productions to Australia is being applauded by the sector.

ABC News

Federal budget projects a shift in aged care, which promises to save Australia billions

Older Australians are increasingly opting to receive care at home, rather than in residential aged care, a shift that the federal government projects will save billions of dollars.

ABC News

Australia’s first national space mission up in the air after federal budget cuts

Industry says the Albanese government is ‘defunding space programs without explanation’

The Guardian - AU

Minister stands by training package for early childhood educators

Federal Minister for Early Childhood Education Dr Anne Aly has stood by the government's training package for educators in this year's budget.

Newcastle Herald

How Australia’s newspapers reacted to the 2023 federal budget

Cartoons of treasurer Jim Chalmers dominated front pages, while the budget works ‘a Chalm’ for the voter featured on the Daily Telegraph

The Guardian - AU

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ABC News

Federal budget 2023: Fee hikes on international travel, overseas parcels, imports to fund $1b biosecurity boost

Taxpayers, importers, and farmers are all being asked to pay more to keep economically devastating pests and diseases out of Australia in the 2023 budget.

The Conversation

Budget's energy bill relief and home retrofit funding is a good start, but dwarfed by the scale of the task

The quality and performance of our housing have big impacts on the environment, cost of living and our health and wellbeing. The 2023-24 federal budget’s announcement of $1.6 billion for energy-saving upgrades to housing recognises the broad importance of retrofitting Australian homes.

The Conversation

Amid a STEM crisis, here's what the 2023 budget promises for Australian science and innovation

Australian innovation has the capacity to protect us – our environment, our digital world, our borders and our health. All of these are focuses of this year’s federal budget.

The Guardian - AU

Economists say federal budget unlikely to have much effect on interest rates

While the 2023 budget is unlikely to budge the RBA, experts are watching for inflationary pressure from a population boom and energy prices

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The Conversation

The aged-care budget delivers for workers but meeting our future needs will require bold funding reforms

The 2023-24 federal budget takes a step in the right direction for aged care, with a much-needed pay boost for workers in the sector.

Reuters

Australian government rejects concerns budget may worsen inflation

Australia's Labor government said on Wednesday the billions in cost-of-living relief unveiled in the federal budget for families and businesses will not worsen inflationary pressures and put more pressure on the central bank to lift rates further.

The New Daily

Urgent warning amid spike in budget scam texts

Scammers are using the federal budget to target financially stressed Australians, with a wave of deceitful texts prompting a warning.

ABC News

ASX follows Wall Street lower, United States threatens to hit debt ceiling soon

The Australian share market slips, weighed down by financial and energy stocks, as both sides of US politics fail to resolve their debt ceiling stand-off.

ABC News

Federal budget 2023: Does a budget focused on the cost of living mean inflation and interest rates could get worse?

Treasurer Jim Chalmers is adamant that his budget will not make inflation worse and force the Reserve Bank's hand on interest rates — but economists are divided, with some saying it paves the way for a rate hike in the coming months.

Newcastle Herald

'A sigh of relief': Hunter leaders share their views on the budget

Slashing cost-of-living pressures is a central feature of Labor's Federal Budget announcement which politicians and Hunter leaders have lauded as a win for locals.

Reason

Biden Falsely Bragged About Lowering the Budget Deficit. Now, It Is Predictably Rising Again.

Last year, Biden was trying to take credit for "the largest drop ever" in the federal budget deficit. Now, the deficit is almost three times as large as it was a year ago.

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