Tag #Australian Budget

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smh.com.au
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Australia's Budget Conundrum: Balancing Productivity and Debt

Australian Treasurer Jim Chalmers faces the challenge of boosting economic productivity while simultaneously controlling government debt, necessitating finding additional tax revenue and reducing spending, potentially through regulatory reform and addressing wasteful spending.

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56% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
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Coalition Budget Plan: Short-Term Deficit Increase, Long-Term Improvement Projected

The Coalition's election plan forecasts a $7.9 billion increase in federal budget deficits over the next two years, followed by a $13.9 billion improvement over the next four years, achieved through reduced government spending and a hiring freeze impacting 41,000 public servants.

Progress

56% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
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Australian Budget Neglects Retirees Amidst Family-Focused Spending

The 2023 Australian budget offered limited benefits to retirees and pre-retirees, focusing instead on families and younger workers, despite older Australians comprising over 50% of voters; key measures include a deeming rate freeze benefiting 450,000 pensioners and a short-term fuel excise cut.

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60% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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Australia's Looming \$1.2 Trillion Debt Crisis

Australia's budget is in dire straits, with projected deficits and a \$1.2 trillion debt looming; despite past promises of fiscal responsibility, both Labor and Coalition governments have failed to adhere to budget rules, leaving the country vulnerable.

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52% Bias Score

Reduced Inequality
theguardian.com
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Social Media Influencers Cover Australian Budget, Sparking Debate

The Australian Labor Party invited social media content creators to cover the 2024 budget, offering travel assistance to some, sparking debate about the role of new media in political communication and concerns from some traditional media outlets.

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56% Bias Score

Quality Education
smh.com.au
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Australian Budget 2025: $17 Billion in Tax Cuts and Cost-of-Living Relief

Australia's 2025 federal budget includes $1.8 billion for energy bill rebates, $2.6 billion for aged care worker pay rises, $19 billion in student loan debt cuts, and $17 billion in tax cuts, averaging $2548 per taxpayer, aiming to address cost-of-living concerns ahead of the May election.

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44% Bias Score

No Poverty
smh.com.au
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Australia's Persistent Budget Deficit: A Looming Fiscal Crisis

Australia's structural budget deficit is projected to persist until 2036, driven by increased spending and relatively low taxation compared to OECD averages, necessitating revenue increases and tax reform to achieve fiscal sustainability.

Progress

60% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
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Australia's Improved Budget Outlook: Fact vs. Ideology

Australia's budget shows a significant improvement compared to earlier projections, mainly due to unexpectedly high tax revenue from booming mining profits and low unemployment. This contrasts with criticisms portraying government spending as "out of control", while the country's public debt is rela...

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56% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
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Australia's Budget: Small Tax Cut Masks Decade-Long Deficit

Australia's 2024-25 budget includes a small tax cut, but projects a deficit for the next decade despite economic improvement; the government's expansionary fiscal policy aims to boost the economy ahead of the May 3 election.

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36% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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2025 Australian Budget: Tax Cuts and Mixed Impacts

The 2025 Australian budget, released March 25th, features two 1% tax cuts, increased funding for nurses and schools, and varying impacts across different demographics, influencing the upcoming election.

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48% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Australia's Budget Prioritizes Tax Cuts Over Welfare

The Australian government's budget includes a \$7.7 billion tax cut for low-income earners, prioritizing political strategy over increasing social welfare payments, despite the potential to alleviate poverty more effectively.

Progress

56% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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Australia's Pre-Election Spending Surge: $35 Billion Increase

Australia's government will increase spending by $35 billion before the election, driven by tax cuts and investments in healthcare, infrastructure, and social programs, bringing government spending to 27% of the economy, the highest since 1985-86 excluding pandemic years, while the opposition critic...

Progress

60% Bias Score

Reduced Inequality

Showing 1 to 12 of 32 results