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The Latest Breaking News from Federal Budget

Afternoon Update: Tim Wilson calls budget an ‘earthquake’; NRL star’s shock MND diagnosis; and a whale’s 15,000km odyssey

The shadow treasurer claims Labor’s federal budget will require a ‘substantial clean-up job’

The Guardian - AU

Rates revelation: why RBA dissenter voted against hike

The lone Reserve Bank board member who voted against lifting the cash rate in May was less concerned about inflation expectations than the bank's economists.

AAP

Businesses need more than generic chatbots to benefit from AI. Will this budget help?

This month’s federal budget made a familiar promise: artificial intelligence (AI) will help lift Australia’s productivity.

The Conversation

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

Australian shares flat as housing-tax changes, global risks cap volatile week

Australia's federal budget on Tuesday proposed curbing negative gearing to encourage investment in new housing, raising concerns about slower mortgage demand.

The Economic Times

The Women’s Budget Statement Was Full Of Promises We’d Heard Before

Experts say the 2026/27 Federal Budget includes some wins for women, but much of the Women’s Budget Statement relies on existing policies.

Pedestrian.tv

Wharf termite repairs worm way into budget

The federal budget has carved out $10 million to tackle 'termites of the sea', as the Australian National Maritime Museum grapples with shipworms.

AAP

What do the federal budget’s housing measures do for Australia’s ‘forever renters’?

The reforms are ‘bold first steps’ towards structural change, but won’t really affect the outlook for long-term renters, academic says

The Guardian - AU

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Middle ring could be 'hollowed out' by tax overhaul

Tax changes in the federal budget will likely shift property investors to new houses in the outer suburbs and inner-city apartments, economists say.

AAP

The federal budget will keep scientific research alive. But it’s unlikely to expand it

In March, a major independent report commissioned by the federal government declared Australia’s research and innovation system was “broken”. The report, titled Ambitious Australia, recommended how to fix it.

The Conversation

Dental funding in this week’s budget is just tinkering around the edges. We need so much more

This week’s federal budget was meant to help tackle the cost-of-living crisis.

The Conversation

Electric transport is no longer niche. This year’s budget shows it’s the future

Last night’s federal budget suggests an important step in Australia’s transition to cleaner energy and electric transport may be underway.

The Conversation

Up, up and you pay: tourists to be slugged extra tax

The federal budget has hit tourists with a tax hike to travel overseas, imposing a $10 hike to exit fees.

AAP

Will this budget really make housing fairer for more Australians? It’s a good start

The 2026 federal budget was delivered after a year of building expectations for bold reform.

The Conversation

Rural leaders see budget shortfalls for health, roads

The federal budget was billed as the most ambitious and important in decades, but rural Australians say critical gaps outside the cities did not get a look-in.

AAP

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AAP

Business sector urges Canberra to tackle red-tape cuts

A powerful alliance of business groups has given the federal budget a tick but says Labor needs to take bigger steps to rid the sector of costly red tape.

AAP

Targets and tests firm up for migrants under budget

A push for fewer, more skilled migrants and a more robust migration system has been outlined in the 2026/27 federal budget.

AAP

Aussies reliant on crucial medicines to save on scripts

More life-saving medications will be subsidised by the government as the federal budget outlines extra funding for price-controlled drugs.

Pedestrian.tv

How Does The 26/27 Federal Budget Affect Efforts Against Climate Change?

The 2026–27 Federal Budget pledges new funding for household clean energy. Here’s how it helps — and harms — Australia’s climate efforts.

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The Guardian - AU

Federal budget 2026 winners and losers: rich families, overseas travellers and illegal tobacco – summary

Taxpayers and first home buyers are the winners in Labor’s 2026 budget, while rich families could be among the losers. Find out who is better off and who is worse off in Chalmers’ budget

The Conversation

At a glance: budget 2026

The federal budget takes some big swings, with reforms to capital gains tax and negative gearing. There are also major spends on health, fuel and infrastructure.

AAP

Small businesses win as popular supports made permanent

Two supports for small businesses will be made permanent as part of a $3.5 billion tax relief package outlined in the federal budget.

The Guardian - AU

Budget 2026 Australia: Jim Chalmers goes for broke in federal budget facing twin threats of housing pain and Iran war disaster

Labor’s ambitious and politically risky tax reform aims to help first home buyers and foster intergenerational fairness

The Economic Times

Global Markets | Australian shares fall for third day as banks weigh ahead of federal budget

Australia's stock market saw a decline for the third consecutive day. Banks led the losses as investors anticipated a federal budget focused on spending cuts and reforms. The market reacted to the Reserve Bank of Australia's recent interest rate hike due to persistent inflation. While some sectors like infrastructure and…

The Conversation

How the federal budget became unlocked – and allowed the digital world in

As Treasurer Jim Chalmers prepares to hand down another federal budget, attention is once again turning to one of Canberra’s most tightly controlled democratic traditions: the budget lock-up.

The Conversation

In this year’s budget, Chalmers has to keep a lid on spending – or risk stoking inflation

Crafting a federal budget is never easy. Tonight’s budget is harder than most.

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