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The Latest Breaking News from Jim Chalmers

A Zara dress, the Jim Reaper and a communist state: how Australia’s media interpreted the budget

The Murdoch papers sharpened their sickles and hammered Jim Chalmers’ budget for ‘the most radical redistribution of wealth since the Whitlam era’

The Guardian - AU

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

Australian spy plane to aid Hormuz shipping mission

A defensive effort to safeguard shipping in the Strait of Hormuz will be aided by an Australian E-7A Wedgetail as part of a global mission.

AAP

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Morning Mail: Chalmers sells budget as ‘road to reform’, Starmer fights on in UK, why the gothic look is back

Jim Chalmers delivers ambitious program for tax change and intergenerational fairness

The Guardian - AU

Labor tucks away $77b war chest for further tax cuts

A new $250 a year tax offset gives the government an option to return bracket creep directly to working Australians, Treasurer Jim Chalmers says.

AAP

Budget spending stokes fears of further rate rise pain

An extra $114 billion in federal government spending will be directed off-budget as the treasurer claims a "historically responsible" fiscal update.

AAP

What the budget means for your generation – gen Z, millennial, gen X or boomer

Jim Chalmers has sold the budget as a historic shift in favour of intergenerational fairness. Four Guardian Australia staff members assess what it means for their age group

The Guardian - AU

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Budget capital gains tax changes and negative gearing reform explained

Negative gearing, capital gains tax and family trusts are all facing a big shake-up in the name of intergenerational fairness. How will it all work?

The Guardian - AU

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.

AAP

Get ready for a budget slowdown. But Chalmers insists we won’t see a recession

Treasurer Jim Chalmers has called his budget “ambitious in the face of adversity”.

The Conversation

Budget 2026 brings a small tax handout to workers and a crackdown on tax breaks and trusts

All working Australians will receive a permanent $250 “tax offset” from next year in Treasurer Jim Chalmers fifth budget, which also cracks down on tax breaks for housing investors and trusts.

The Conversation

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 Guardian - AU

This bold budget has grasped the nettle of tax and housing – but it may not be enough to move the needle for younger Australians

Jim Chalmers, determined not to miss his reform moment more than four years into government, has backed the largest change to Australia’s sclerotic tax system since the Howard era

The Guardian - AU

Albanese government uses its political dominance to implement a ‘Labor’ agenda

The tilt of this budget was, when you think about it, predictable.

The Conversation

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AAP

Bleak outlook for national economy if Iran war drags on

Higher budget spending won't help the Reserve Bank, economists warn, as a prolonged war in the Middle East is forecast to push inflation above seven per cent.

AAP

Tax relief for workers and pain for investors in budget

Australians who earn a wage will get $250 in tax relief as part of Labor's budget, but investors and wealthy families could be left worse off.

The Guardian - AU

Afternoon Update: One Nation casts shadow over budget; soldier dies in training incident; and coexisting with dingoes

Treasurer Jim Chalmers says ‘… the tax system is not working for a lot of Australians’ before handing down his fifth budget

AAP

Last-minute budget pitch to 'level field' for young

Labor has made a pre-budget pitch to young Australians on social media as the government shakes up the tax system to help more people buy homes.

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The Guardian - AU

Morning Mail: budget’s $45bn bottom-line improvement, Starmer’s make-or-break moment, Trump’s ceasefire threat

Jim Chalmers aims for better budget bottom line amid speculation about major reforms; Muslim group complains to electoral commission

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.

AAP

Calls for options in budget to ease pressure on parents

Parents are hoping the federal budget will include more choice, transparency and reform when it comes to child care by providing more subsidy options.

The Guardian - AU

Is the Howard era over? Albanese and Chalmers are betting the budget it is

With baby boomers outnumbered on the electoral roll, Labor are finally emerging from their shell to address intergenerational unfairness

The Guardian - AU

Budget contains $45bn bottom-line improvement over four years as Jim Chalmers promises ‘spending restraint’

Anthony Albanese says ‘very wide-ranging budget’ will have a focus on housing, productivity and fuel security

Pedestrian.tv

What To Expect From Tomorrow’s 26/27 Australian Federal Budget

The Albanese government hands down the 2026 federal budget tomorrow night. Here’s a simple guide to the key changes amidst the jargon.

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