Politics

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Treasurer Jim Chalmers delivers the 2026-27 Federal Budget address in the House of Representatives at Parliament House. NewsWire / Martin Ollman.

Massive majority lets Labor unleash bold Budget backflip

A Budget formed against the backdrop of a massive oil shock from a foreign war, has also given a government accused of standing for nothing a chance to boldly break promises.

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Australia will push ahead with its plan to deliver the Henderson ship building precinct south of Perth with an initial $12 billion allocated in this year’s Federal Budget.

Budget delivers $30m for Henderson defence precinct

Australia will push ahead with its plan to deliver the Henderson ship building precinct south of Perth with an initial $12 billion allocated in this year’s Federal Budget.

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Video
Ben Harvey decodes what Treasurer Jim Chalmers said in his Budget speech … and what he actually meant.

What Treasurer said VS what he meant in Budget speech

Ben Harvey decodes what Treasurer Jim Chalmers said in his Budget speech … and what he actually meant.

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While the government will be keen to push its housing reform package as a good thing, it’s the unintended consequences we really need to think about.

The unintended consequences of Albo’s housing changes

While the government will be keen to push its housing reform package as a good thing, it’s the unintended consequences we really need to think about.

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Feeling prosperous? Dream of becoming rich? Adverse towards higher taxes? This is not your Budget.

Why this Federal Budget is all about soaking the rich

AARON PATRICK: Feeling prosperous? Dream of becoming rich? Adverse towards higher taxes? This is not your Budget.

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It was billed as the Budget that would restore intergenerational equity, but it has left baby boomers and family trust holders seething.

Baby boomers ‘the scapegoats’ in Budget fairness fight

It was billed as the Budget that would restore intergenerational equity, but it has left baby boomers and family trust holders seething.

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Investors will be slugged billions in additional tax while working Australians will receive modest relief under a Budget Treasurer Jim Chalmers is hailing as the ‘most ambitious’ in decades.

Investors slugged billions, workers get modest tax relief

Investors will be slugged billions in additional tax while working Australians will receive modest relief under a Budget Treasurer Jim Chalmers is hailing as the ‘most ambitious’ in decades.

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The Albanese Government will provide $18.2 million over four years to prevent technology failures from marring NAPLAN tests

Albo splashes $18m to stop NAPLAN tech fails

The Albanese Government will provide $18.2 million over four years to prevent technology failures from marring NAPLAN tests

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There are positive and negatives for homeowners in this year’s Federal Budget. Here’s everything you need to know.

What this Budget means if you own a home

There are positive and negatives for homeowners in this year’s Federal Budget. Here’s everything you need to know.

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US President Donald Trump has hinted at retaliation after Iranian drones targeted the US embassy in Saudi Arabia

Where Trump’s war will hit your hip pocket hardest

Aussies will be paying more at the bowser, checkout and building site but the Treasurer is optimistic the Middle East war won’t significantly damage the economy.

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Plumber Arno Cloete pictured at a construction site in Highgate, Perth, on Tuesday. Carwyn Monck

Foreign tradies to be fast-tracked into Australia

The Federal Government will spend $85.2 million fast-tracking migrant tradespeople in hopes it will ease a dire shortage of skilled construction workers.

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Anthony Albanese and Jim Chalmers have backflipped on their 2025 election promise not to change capital gains tax or negative gearing laws.

How changes to CGT and negative gearing will work

The worst kept secret in Australian politics is finally out, with the Albanese Government fessing up to a major overhaul of negative gearing and capital gains tax rules for investors.

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Katy Gallagher, Jim Chalmers, Anthony Albanese, Wrap 2026

Five-minute guide: How the Federal Budget affects you

Jim Chalmers says Australia will avoid a recession but must pursue reform, announcing an expected overhaul of housing taxes and a $250 tax handout for workers.

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Anthony Albanese's green energy dream gets reality check

Albo’s green hydrogen dream gets huge reality check

More than $1 billion of Federal funding earmarked for green hydrogen has been yanked in a major policy U-turn.

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