‘Impossible’: Labor’s huge housing call as budget looms

‘Impossible’: Labor’s huge housing call as budget looms

Labor has confirmed it will overhaul the tax system but stopped short of revealing a controversial measure poised to be axed by Treasurer Jim Chalmers.

Treasurer hands down the ‘most important budget in decades’

Jim Chalmers is speaking as he warns the war in the Middle East has hurt his fifth federal budget. Follow here for live updates.

Treasurer calls upcoming budget 'most ambitious' one | Midday News Bulletin 12 May 2026

An Australian soldier dies during a training exercise; Federal treasurer Jim Chalmers has described the upcoming budget as the Labor's most ambitious one; and Michael Voss quits as Carlton coach.

Federal budget 2026 live updates: treasurer Jim Chalmers to present budget speech tonight – latest news

Treasurer says housing market ‘isn’t working’ and tax system around it is ‘out of whack’. Follow the latest updates Federal budget 2026: what we know so far See all our Australia budget 2026 coverage Get our breaking news email, free app or daily news podcast ‘Let’s build more houses … not start taxing them’, shadow [...]

Budget 2026: Text of Treasurer Jim Chalmers’ budget speech

This is the most important and ambitious Budget in decades.

Budget 2026: What's left for Chalmers to announce?

Treasurer Jim Chalmers will deliver the federal budget at 7.30 tonight, with speculation surrounding the government's headline announcement.