Inflation Gloom Prevails Despite Budget Bright Spot

Not nearly good enough: Chalmers' budget trickery can't hide growing loss of control

In 2025-26, Labor lost control of its spending, and its rhetorical tricks can't hide it. It's having very clear impacts on inflation and interest rates, and at the worst possible time.

Chalmers reveals $4.6billion windfall due to higher tax collections

Treasurer Jim Chalmers said Australia's budget bottom line was $6billion better off than it was projected in May, mostly due to higher taxes.

Federal budget billions of dollars better than forecast

Labor is claiming a win, but all eyes are now on the looming Reserve Bank decision.

Treasurer Jim Chalmers touts stronger budget amid darkening economic outlook

The treasurer's jolt of positive fiscal news came a day ahead of a widely expected interest rate rise on Tuesday.

Treasurer to unveil $6 billion improvement to federal budget

Jim Chalmers will today unveil a $6 billion improvement to the federal government's forecast deficit. Follow live.

Inflation gloom prevails despite budget bright spot

Australia's deficit for the past financial year will be smaller than expected, but rising interest rates and stubborn inflation give little cause to celebrate.