Tag #Australian Budget

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Australian Budget Prioritizes Cost-of-Living Relief Amidst Global Uncertainty

Australia's Treasurer Jim Chalmers announced the upcoming budget will prioritize cost-of-living relief with funds allocated for election promises, while tempering expectations for widespread new policies due to slower economic growth and global uncertainty, including a potential US recession and new...

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36% Bias Score

No Poverty
smh.com.au
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Analysis Refutes Claim Albanese Avoided Budget to Hide Deficit Projections

This article challenges the media's narrative that Australian Prime Minister Albanese sought an early election to hide a decade of projected budget deficits, arguing that public indifference to deficits and the mandatory pre-election economic statement render this claim implausible. The author also ...

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52% Bias Score

Reduced Inequality
smh.com.au
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Australia's Budget Deficit Reaches \$26.9 Billion, Exposing Tax System Flaws

Australia's budget shows a \$26.9 billion deficit this year, rising to \$46.9 billion in 2025-26, driven by increased spending in healthcare and aged care, despite efforts to control growth; this creates political challenges for both the government and opposition, revealing flaws in the tax system.

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56% Bias Score

Reduced Inequality
theguardian.com
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Australia's Myefo Report Shows Increased Budget Deficit Projections

Australia's mid-year economic and fiscal outlook (Myefo) reveals slightly larger budget deficits over the next three years than initially projected, primarily due to lower-than-expected company tax revenue from mining exports, highlighting the volatility of revenue streams and the need for broader f...

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52% Bias Score

Reduced Inequality
theguardian.com
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Australia's Budget to Reveal Deficit, Include Cost-of-Living Relief

Australia's Labor government will release its fourth budget next Tuesday, revealing a deficit of approximately \$26.9 billion, but including further cost-of-living relief for households, with details to be announced later, aiming to boost the government's standing before the upcoming election.

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44% Bias Score

No Poverty
dailymail.co.uk
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Australia Faces \$21.8 Billion Budget Deficit, Higher Taxes, and Service Cuts Imminent

Australia's mid-year economic and fiscal outlook reveals a \$21.8 billion budget deficit over four years, driven by increased spending and sluggish growth, necessitating tax increases and service cuts without fiscal reform; a surplus is not projected until 2034/35.

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44% Bias Score

Reduced Inequality
smh.com.au
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Australia's Budget Deficit Blows Out by \$22 Billion

Australia's mid-year budget review reveals a \$22 billion increase in projected deficits over the coming years, driven by increased government spending in areas like aged care and early childhood education, coupled with lower-than-expected tax revenue from sources such as tobacco excise and company ...

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44% Bias Score

Reduced Inequality
theguardian.com
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Australian Government Announces $83m Funding Boost for ABC

Australia's Labor government will provide the Australian Broadcasting Corporation (ABC) with an $83.1 million funding boost over two years, followed by $43 million annually, to secure its independence and stability, as recommended in a report due to be released on Tuesday.

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44% Bias Score

Quality Education

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