Australia's left-leaning government will cut income tax, slash student debt and hasten defence spending under an annual budget released Tuesday, courting voters as it readies to fight a tight general ...

Australia’s national debt will “rise rapidly” over coming years unless the Labor government is prepared to overhaul a sclerotic tax system to boost revenue or cut spending to reflect its more ...

(Bloomberg) -- As Australians prepare to head to the polls, the government unveiled its 2025-26 federal budget, which promises further relief for all taxpayers, as well as some incentives for families ...

All of a sudden, the planets have aligned.  Something both sides of Australian politics have been able to shunt off into the ‘politically too hard’ basket for much of a generation is now eminently ...

(Bloomberg) -- Australian Treasurer Jim Chalmers will need to find a way of wooing voters while keeping spending under control when he hands down his pre-election budget in parliament on Tuesday. The ...

The budget forecasts that Net Overseas Migration (NOM) will decline by 75,000 in 2025/26, and by a further 35,000 in 2026/27 – a projection that is especially significant for Australia’s international ...

SYDNEY--Australian Treasurer Jim Chalmers unveiled the Labor government's 2025-26 budget on Tuesday, focusing attention on a further round of tax cuts and the extension of cost-of-living relief for ...

SYDNEY—The big threat to the Australian government’s 2025-2026 budget isn’t that key measures might fail to pass parliament, or that pre-election spending sweeteners could keep interest rates higher ...

Every annual Australian government budget is a political charade, full of misleading claims of “record” social spending and false promises, mostly to be delivered in many years’ time. But the Albanese ...

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SYDNEY, March 23 (Reuters) - Australia's government said on Sunday that a federal budget this week would include an A$1.8 billion extension to a scheme to reduce energy bills, ahead of what is ...