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The Latest Breaking News from Labor

Why are we having a fourth budget in two years?

Budgets are typically handed down once a year in May but the last few years have seen the budget timetable thrown out the window and the financial plans delivered at all different times of the year. Here's why.

ABC News

Vic schools, kindies promised almost $1.6b

Victorian Labor has promised almost $1.6 billion for upgrades of government schools and kindergartens, as well as plans for 25 new schools, if re-elected.

AAP

Alan Kohler: Deficits and debt are about politics, not economics

Chalmers' budget has no surpluses, only deficit and debt. His “big national conversation” needs to be about why that’s OK.

The New Daily

From analysis to the latest developments in health,
read the most diverse news in one place.

Canberra universities to get budget funding

They will receive funding for 345 student places.

The Canberra Times

Labor gears up to hand down first budget

Soaring inflation and almost a trillion dollars of debt will set the scene for the Albanese government's first budget.

AAP

Labor’s ‘rorts and waste’ audit to deliver $10bn in savings to federal budget

Government will also shuffle funds and axe Coalition projects to free up $11bn for their own policy priorities

The Guardian - AU

Car parks to get the chop and road upgrades delayed in budget as government tightens belt

Finance Minister Katy Gallagher argues that the projects promised before April's federal election were an attempt to win votes and were not value for money.

ABC News

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Australia will join Biden’s global pledge to cut methane emissions by 30% by 2030, Albanese confirms

Funding of more than $3bn will support agricultural methane reduction, clean tech initiatives and the commercialisation of seaweed feed supplement

The Guardian - AU

Premiers trade barbs on Vic energy plan

An ex-Victorian premier has hit out at plans to bring back a government-owned energy operator he privatised in the 1990s amid economic turmoil.

AAP

Welfare payments to add $33b to budget

Bi-annual adjustments to welfare payments in line with inflation are adding billions to budget spending, the treasurer says.

AAP

Regional Australia a budget battleground

The Labor government has rejected The Nationals' claim it will "rip the guts" out of the regions in its first budget.

AAP

Housing, Indigenous and domestic violence services to receive extra $560m in federal budget

Exclusive: The partial indexation of funding aims to help community organisations cope with rising costs

The Guardian - AU

Mountain bikers warn ACT is being left behind

City Services Minister Chris Steel said ACT Labor committed $1.2m to build the Stromlo to Cotter trail in this term and are working to deliver the commitment as promised.

The Canberra Times

As Jim Chalmers prepares for the challenges ahead, these loyalties will help sustain him

Behind the doctorate, drive and disarming drawl of Jim Chalmers lies a treasure chest of friendships, David Fagan writes.

The New Daily

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The Guardian - AU

Federal budget: no tax break for low- and middle-income workers as economic outlook worsens

Inflation set to peak higher than expected so workers earning less than $126,000 will not get a tax break, worth up to $1,500, beyond 2022

The Guardian - AU

Australian companies to face fines of $50m for data breaches

In wake of Optus and Medibank leaks, serious or repeated breaches of customer information will attract heavy penalties under new legislation

The Guardian - AU

Chalmers offensive: crunch time as treasurer faces first federal budget

A volatile global economy looms as Jim Chalmers assembles the Albanese government’s inaugural budget, where he will be judged on delivering on election promises while exercising restraint

The Guardian - AU

Victoria Greens spruik family ties in election pitch as ageing millennials defy drift to conservatism

Reproductive rights and parenting become hot topics in state election as parties on the left court women and young families

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Newcastle Herald

City to push state for $80-$100m indoor aquatic centre in Newcastle

An indoor swimming pool has been on the city's wishlist for years, however the concept is being pushed again ahead of next year's state election.

AAP

Treasurer prepares 'sensible' first budget

With the global economy stalling and huge pressure to spend more on health and aged care, the first Labor budget in almost a decade has a lot riding on it.

AAP

The man behind Labor's first budget

The treasurer with working class roots is aiming to deliver a "responsible" first budget without leaving the vulnerable behind.

The New Daily

What we know about the ‘bread and butter’ budget from Jim Chalmers

Labor’s first federal budget in more than a decade is now just days away, with Treasurer Jim Chalmers set to deliver “bread and butter”.

AAP

Minns stands by treatment of quitting MP

NSW Labor has defended its sacking of disgruntled MP Tanya Mihailuk after she attacked the party by saying it was not ready to govern.

The Guardian - AU

Lidia Thorpe faces Senate censure and two investigations over relationship with ex-bikie

Liberals say Greens senator is unfit to sit in parliament and will attempt to refer her to privileges committee for investigation

ABC News

Proposed building-dispute reform welcomed, but too late for some Tasmanian consumers

Tasmanians who have defects with their new home builds could soon have access to a tribunal to hear their disputes with builders — but that is of no help to people like the Barber family.

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