There were mixed results for the Albanese government from polls take in the wake of its first budget.
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Articles on Jim Chalmers
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Dealing with the crisis, driven by the Ukraine war, is now Labor’s problem, and that gave Dutton something substantial to latch onto.
Michelle with Chalmers, Taylor and Wood
In this podcast, we talk to Chalmers, shadow treasurer Angus Taylor, and the head of the Grattan Institute Danielle Wood about power prices, tax pressures and spending reforms
The Albanese government’s first budget contains many measures that may contribute to wellbeing, but that’s not the same as being a wellbeing budget.
It’s easy to spot the similarities in how this first Labor budget and its Coalition predecessors approached transport projects. Their eye-watering spending isn’t supported by proper assessments.
The budget earmarked worthwhile climate measures, but many are piecemeal. Amid record-breaking extreme weather in Australia, federal spending on climate action still falls well short.
We sifted through the budget papers so you don’t have to. Here are the main takeaways at a glance.
Frightened by the prospect of an inflation rate approaching 8%, Chalmers has pumped very little into the economy, funding most of their extra spending by cutting Coalition programs.
Chalmers promised the budget would be “workmanlike”, not “flashy”, and he’s kept his word. Almost all of it had been pre-issued by the government, including measures and numbers.
It’s not just the numbers that have changed in Jim Chalmers’ first budget. There is an emphasis on climate change and wellbeing, too.
Jim Chalmers’ first budget has kept spending tight, but it contains alarming news for households.
Over the forward estimates, the budget bottom line is estimated to be $42 billion better than what was expected in March.
Delivered against a background of rising inflation, increasing interest rates and huge global uncertainties, Labor’s first budget will also contain $33 billion in extra funding for pensions and payments.
With cost blow-outs and global economic strife looming, the economic challenge for the Albanese government is great.
By sticking to a tax-cut plan made in 2018, the Albanese government must choose between debt and services.
Shaping up as an outspoken protagonist in the current “gas wars”, Industry Minister Ed Husic this week launched a barrage of criticism at the producers.
The treasurer’s Tuesday’s appearances were his first after receiving a major rebuff when Anthony Albanese at the weekend quashed any prospect of rejigging the Stage 3 tax cuts in the budget.
the government on Monday will point to 28 major defence projects running a total of more than 97 years late, as it highlights pressures it faces on the budget
Stage 3 has long been built into both federal budget planning and market expectations. Drawing on the British experience is more a convenient argument than a meaningful parallel.
The Australian government will temporarily suspend data-sharing regulations so Optus can work with banks and agencies to prevent identity theft.
Top contributors
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Professorial Fellow, University of Canberra
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Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Emerita Professor, Department of Politics and International Relations, University of Adelaide
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Professor, School of Politics Economics & Society, Faculty of Business Government & Law, University of Canberra
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Professor, School of Economics, The University of Queensland
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Research economist, The University of Melbourne
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Transport and Cities Program Director, Grattan Institute
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Professor, Australian Studies Institute, Australian National University
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Lecturer in Economics, Monash University
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Associate Professor of Finance, RMIT University
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Senior Lecturer (Law), Southern Cross University
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Senior lecturer in Economics / Institute for Climate Risk and Response, UNSW Sydney
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Professor, University of Canberra
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Research Director, Institute for Sustainable Futures, University of Technology Sydney
