JENI O’DOWD: Tuesday’s Federal Budget confirmed what many Australians already suspected: despite mounting pressure on housing, infrastructure and the cost of living, Labor has no intention of slowing migration.
LATIKA M BOURKE: Anthony Albanese and Jim Chalmers are betting their massive majority can succeed where Bill Shorten’s controversial tax agenda once failed.
Sweeping changes to property taxes will likely anger housing investors, with the government bracing for a furore of criticism over The Budget overhaul.
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.
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.
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.