Labor’s social spending budget blows out by $26b
The Albanese government’s spending on aged care, disability, medicines and childcare – where it will campaign – is $26 ...
World Socialist Web Site24d
Australian budget crisis deepens even before Trump escalates economic war against China
Australian Treasurer Jim Chalmers ... s discipline in returning 78 percent of tax upgrades to the budget since the PEFO [the 2022 Pre-election Economic and Fiscal Outlook], restraining real ...
Rachel Reeves or Liz Truss: Who really ‘crashed the economy’?
Amid UK bond market turmoil, how does Reeves' budget compare to Truss' - and who is really responsible for 'crashing the ...
'High spending, high tax government': Cost of living crisis to persist until 2030, opposition warns
New analysis has shown Australians may not see any meaningful recovery in living standards until at least 2030 as the cost of living crisis has dragged on.
BusinessMirror25d
Australia sees wider budget deficits ahead as election looms
Australia’s budget is expected to slip deeper into deficit in the years ahead due to rising government spending and a weakening in key trade partner China, a mid-year fiscal update showed ...
Reuters26d
Australia's government spends its way to bigger budget deficits
SYDNEY, Dec 18 (Reuters) - Australia's government on Wednesday trimmed its likely budget deficit for the current fiscal year, but flagged bigger shortfalls ahead due to "unavoidable spending" on ...