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The Latest Breaking News from Jim Chalmers

Coalition energises race for votes with gas and petrol

The coalition have pledged gas investment to bring down power prices as they position themselves as stronger leaders for the nation ahead of the election.

AAP

Grattan on Friday: an ‘arms race’ of promises as prime minister set to call election

Oops. Anthony Albanese’s own department pre-empted its boss on Thursday. Some unfortunate official, pressing the wrong button, posted on X that the government was in “caretaker” mode, although the prime minister had not yet called the election.

The Conversation

Cheaper power bills pledge as Dutton spurs gas supply

Opposition Leader Peter Dutton's budget reply has outlined an alternative vision to drive down energy costs and ease pressure on household budgets.

AAP

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Labor’s budget tax cuts make good economic sense – and have backed Dutton and Taylor into a political corner

The tax cuts announced in Jim Chalmers’ fourth budget have left the opposition leader and shadow treasurer with limited options

The Guardian - AU

Politics with Michelle Grattan: Jim Chalmers and Angus Taylor on tax top-ups and budget bottom lines

As the election starter’s gun is about to be fired, Tuesday’s budget announced modest income tax cuts as the government’s latest cost-of-living measure. The Coalition has opposed the tax relief, with Peter Dutton’s Thursday budget reply to put forward his policy counters on the cost of living.

The Conversation

Raising cigarette taxes and tobacco wars have created a ‘serious’ budget problem. What can Labor do about it?

Growing illicit tobacco trade is undercutting the legal market, leaving government coffers short of funds to pay for major policies

The Guardian - AU

Afternoon Update: budget tax cuts pass lower house; easing inflation boosts rate cut hopes; and a dachshund on the run

Labor’s legislation passes the lower house without Coalition support

The Guardian - AU

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State chugs on with rail loop despite no budget top-up

The federal treasurer won't budget a "big number" to fill a funding hole in a massive rail line project, but the state's premier vows to push on regardless.

AAP

Australia’s easing inflation rate a boost for mortgage holders eyeing next rate cut – and Labor’s election hopes

CPI figures have economists predicting one to three RBA cash rate cuts in 2025 – the question is whether one will occur before federal election

The Guardian - AU

Is this the right budget for these economic times? We asked 5 experts

Treasurer Jim Chalmers has described the income tax cuts in this week’s federal budget as a “top-up”. They will amount to roughly one cup of coffee a week for every taxpayer in the first year.

The Conversation

Morning Mail: Coalition won’t back tax cuts, Black Sea truce agreed, a Perth power play

Treasurer springs surprise with tax cuts and puts opposition on the defensive; Russia and Ukraine will ‘eliminate the use of force’ in area

The Guardian - AU

Battle lines drawn over tax cuts as election looms

Universal $5 a week tax cuts are being raced through parliament as debate around cost of living intensifies ahead of the federal election.

AAP

No respite from tax burden on younger workers in budget

Young income earners will be increasingly called upon to fund rising public spending unless structural tax reforms are made in the next term of government.

AAP

Australian federal budget tax cuts: how much will your household receive?

Tax cuts are the major highlight of what Labor’s 2025 budget is doing for households

The Guardian - AU

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Pedestrian.tv

Tax Cuts & Cheaper Healthcare: 9 Major Takeaways From The 2025 Federal Budget

If you're looking for a handy guide about the 2025 Federal Budget and how it affects young Aussies, we've got you covered.

The Guardian - AU

Non-compete clauses to be banned for workers including hairdressers and those in childcare in 2025 federal budget

More than 3 million employees earning less than $175,000 a year to benefit from policy, which will make it easier for low-paid workers to switch jobs

The Conversation

Albanese government bids for votes with ‘top-up’ tax cuts for all

Tax cuts are the centrepiece of the Albanese government’s cost-of-living budget bid for re-election in May. The surprise tax measures mean taxpayers will receive an extra tax cut of up to A$268 from July 1 next year and up to $536 every year from July 1 2027.

AAP

Budget fundamentals smashed as storms cloud outlook

Australia's federal budget is forecast to eclipse $1 trillion in debt for the first time in 2025/26, as global challenges threaten the nation's coffers.

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The Conversation

Tax cuts are coming, but not soon, in a cautious budget

Today’s budget is a cautious and responsible response to the cost-of-living pressures facing voters.

AAP

Taxpayers to get $10 a week cut in pre-election budget

All taxpayers will get two rounds of cuts but only starting from July 2026, as Treasurer Jim Chalmers makes the case for a second Labor term.

The Guardian - AU

Morning Mail: Chalmers upbeat on debt, White House war chat blunder, green hydrogen’s uncertain future

Treasurer claims credit for improved fiscal position as he prepares to hand down budget; more than 1,000 arrests amid Istanbul demonstrations

The Guardian - AU

Chalmers delivers 2025 budget speech – as it happened

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AAP

'Optimism' in budget as Australia seen turning a corner

The cost of living will be centre stage in the government's budget as many continue to do it tough, but a cabinet minister says there is reason to have hope.

The Guardian - AU

Chalmers is handing down the federal budget – here’s what we know so far

There will be energy bill relief and a cap on the price of medicines at the treasurer’s big reveal on Tuesday, but Australia is heading back into deficit

The Conversation

Federal budget 2025: here’s what we know so far

The federal budget will be handed down by Treasurer Jim Chalmers at 7:30PM AEDT on Tuesday March 25.

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