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The Latest Breaking News from Josh Frydenberg

Federal budget 2022: Here’s what’s in it for you

Treasurer Josh Frydenberg has handed down a budget he says will deliver “targeted and responsible” relief to those affected by the rising cost of living.

The New Daily

Federal budget 2022: Josh Frydenberg promises cash splash for households with billions on offer

Extra tax cut for 10 million low and middle income workers worth up to $420 – while fuel excise will be slashed for next six months

The Guardian - AU

Cheaper petrol, cash handouts in Morrison government's vote-buying budget

The Morrison government’s election budget halves petrol excise for six months and gives handouts to taxpayers, pensioners and welfare recipients in a cash splash aimed at clawing back votes.

The Conversation

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Flood recovery to exceed $6 billion

Disaster support for flood-affected communities is likely to exceed $6 billion, with $1.29 billion paid out to individuals, according to the treasurer.

AAP

Australian Treasurer woos voters with relief for rising costs

- Australia's centre-right government pledged billions in fuel tax cuts, cash give-aways and public works spending on Tuesday as it looks to claw back voter support ahead of what is tipped to be a tough election in May amid a surge in living costs.

Reuters

Skills push as jobless rate nears 50yr low

The Morrison government hopes to skill up the workforce with apprenticeship and training incentives, as the unemployment rate heads for a 50 year low.

AAP

Record spend to 'turbocharge' regions

The federal government says its budget spending on regional Australia sets a new record, with funding for roads, rail, energy, health and connectivity.

AAP

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Budget tax breaks for small businesses investing in technology and skills

The government is increasing tax breaks for small and medium businesses investing in new technology and skills, but will not extend temporary full expensing of investments.

ABC News

Pre-election budget conjures up big spend

Josh Frydenberg has produced a budget with smaller deficits - albeit still a long way from surplus - alongside generous spending ahead of the federal election.

AAP

Cheaper fuel and one-off cost-of-living payments in federal government's pre-election budget

A halving of the tax paid on fuel and a one-off cost-of-living payment headline a big spending pre-election budget the Coalition hopes will secure it a fourth term in power.

ABC News

Federal budget: $100m to kickstart Newcastle hydrogen hub

The Coalition will help seed a 'transformational' energy project which will help the Hunter economy transition away from coal.

Newcastle Herald

Treasurer delivers budget speech – as it happened

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The Guardian - AU

The Loop: One-off cash payment revealed ahead of budget announcement, Russian oligarch's suspected poisoning, Will Smith apologises to Chris Rock

Stay in The Loop with this quick wrap-up of today's news.

ABC News

Budget 2022: Paid parental leave boost and cash payments for pensioners while climate change spending to fall

Federal government spending on climate change will be cut by 35 per cent over the next four years. Look back on 2022 budget night in our live blog.

ABC News

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Reuters

Australia govt splashes cash to soothe voters' cost-of-living angst

Australia's government is aiming to use billions in budget goodies to offset cost of living pressures for disgruntled voters ahead of an election in May, but the consumer mood may already be too dark for the ploy to gain much traction.

Pedestrian.tv

The 2022 Budget Will Be Revealed Tonight So Will The Govt Make Anything In Our Lives Cheaper?

The 2022 budget will be unveiled on Tuesday so do economists predict the government do anything to help lower the cost of living right now?

The Independent UK

Australia to increase spending on defense and security

Australia's Treasurer Josh Frydenberg says the government's upcoming budget will increase spending on defense and national security while reducing household expenses

ABC News

The Loop: Fuel tax cut expected in the budget, evacuations for flood-hit areas, Phil Collins quits and why 536 might be the worst year ever

Here's your TL;DR for this morning's news.

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The Conversation

This budget, amid talk of deficits, consider the lessons we ought to have learned

A decade ago, and years before Treasurer Josh Frydenberg promised a budget that was “back in the black”, Prime Minister Julia Gillard promised the same thing.

The New Daily

Paul Bongiorno: Morrison and Frydenberg’s best last chance looms

The expectations of Scott Morrison and Treasurer Josh Frydenberg repeating their escape from the political pickle they are in with the budget are low.

The New Daily

Michael Pascoe: Morrison’s gone, cynical Frydenberg trying to save the furniture

Scott Morrison is gone. Anthony Albanese will win the election. Josh Frydenberg is fighting to save some of the furniture. There, it’s been said.

AAP

Pre-election cash splash underpins budget

Australians will get one-off cash handouts and tax breaks and pay less for fuel under a raft of pre-election sweeteners announced in the federal budget.

AAP

Smaller deficits even as treasurer spends

Treasurer Josh Frydenberg has banked the windfall from strong economic growth, low unemployment and a spike in commodity prices.

ABC News

Cost-of-living package the centrepiece of Josh Frydenberg's fourth budget

Josh Frydenberg's fourth federal budget will forecast an improved bottom line, with deficits expected to shrink by tens of billions of dollars, and unemployment predicted to reach 50-year lows.

AAP

Federal budget shows 3.75pct jobless rate

The federal budget will forecast the unemployment rate falling to 3.75 per cent later this year, well below what was expected just a few months ago.

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