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Australia Bank Levy to Raise $6.4 Billion Over 4 Years

The Australian government’s new levy on the five largest banks, set to raise A$6.2 billion over the next four years, will be indefinite, Treasurer …

Australia

Federal budget 2017: Winners and losers - Federal Budget 2017 - ABC News

Explore who wins and who loses as a result of Scott Morrison's 2017 budget.<p>Loser: Taxpayers<p>Close<p>Most taxpayers will soon be <b>paying more tax</b>.<p>The …

Finance

Federal budget 2017: the 10 graphs you need to see

After nearly a decade of saying the problem was all on the spending side, the Liberal party has finally admitted that there is a revenue problem • The 2017 budget at a glance<p>What do you do when you are a Liberal party and delivering Liberal party budgets makes you as popular as poison? Deliver one …

Economics

Budget 2017: Foreign property investors hit hard in budget

Foreign buyers of property will be hit with increased taxes and charges of more then $600 million over the next four years in an effort the …

What Australia's Opposition to Budget Has to Say

Australian Shadow Finance Minister Jim Chalmers weighs in on the country's budget. He speaks on "Bloomberg Daybreak: Asia." (Source: Bloomberg)

Australia

Federal budget 2017: Morrison hits banks with $6bn tax rise and promises ‘better days ahead’

• Treasurer funds NDIS and unveils plans to improve housing affordability • High-tax, high-spend budget aims to bury Tony Abbott’s political legacy • Budget summary at a glance: winners and losers<p>Big banks will face a new $6bn levy and most taxpayers will kick in to fund the National Disability …

Australia

The ASX winners and losers from the federal budget

"If they pass on, say, half of it, you could argue it's already been fairly well factored in. The market will have to decide on Wednesday whether …

Health Care

BUDGET 2017: Government's legacy IT overhaul and digital drive

​The government has set aside millions of dollars in funding for legacy ICT modernisation projects in an effort to boost data sharing across agencies …

Smart Cities

Banks and government at war over 'lazy' levy in budget

Relations between the government and the banks are plummeting with Prime Minister Malcolm Turnbull dismissing as nonsense their claims that the new …

Budget 2017: Who fell for the big infrastructure con job?

Wake up, people! Spread over 10 years, the Commonwealth is only offering $7.5 billion a year, much of it already in Hockey's numbers and a fair swag …

Australia

Travel perks go in negative gearing crackdown

Residential property investors face limits on deductions in a negative gearing clampdown that will generate an addional $800 million in tax revenue …

Federal budget 2017: A bold, big spending, big taxing, big borrowing budget

It accepts the repeated urgings of the Reserve Bank, the International Monetary Fund and the Organisation for Economic Co-operation and Development …

Economics

Budget 2017: The fallout from Budget 2017

<i>LIVE</i><p>This page updates automatically<p>We bring you all the reaction in federal parliament and around the country on the day after Treasurer Scott …

Everything you need to know ahead of the Budget

The Federal Government has already made some key announcements about education, housing and welfare that could affect you — but come back at 7.30pm …

Australia Budget 2017: Winners and Losers

Treasurer Scott Morrison on Tuesday announced a A$75 billion plan to build roads, railways and runways across Australia with a budget aimed at …

Australia

Federal Budget 2017-18

The 2017-18 Federal Budget theme is based on principles of fairness, security and opportunity. The Government’s intention was for this to be a …

Federal Budget

Budget 2017: Two super measures aimed at the housing crisis

Treasurer Scott Morrison has pulled superannuation into his housing affordability package, offering concessions to first home buyers and …

Federal budget 2017: Where every dollar comes from, and how it's spent

Close<p>The budget — sliced, diced and visualised.<p>Budget 2017: Full coverage<p><b>Cheat sheet</b>: What you need to know• <b><br>Winners and losers</b>: Who's gained, who …

Australia

Infographic: Budget 2017 at a glance

May 9, 2017 5.54am EDT<p>Authors<p>Partners<p>Republish our articles for free, online or in print, under Creative Commons license.<p>You might also like

Budget 2017: What we already know ahead of the budget

THE countdown to tomorrow's Budget is on, so here's our cheat's guide to everything you should know in advance to sound like an expert on the day.<br>The …

Prosperity or peril: Australian Federal Budget 2017 - 2018

Is trust the new budget currency?<p>Regaining trust, and not a return to budget surplus, was clearly Treasurer Scott Morrison’s key objective for the …

Government to reintroduce tax breaks for first home buyers

First home buyers will receive preferential tax treatment in the budget to enable them to save for a deposit, but caps will be imposed to limit the …

Housing

Federal budget 2017: the bottom line

Federal budget 2017: Don't bet the house on Scott Morrison doing anything on housing affordability - Federal Budget 2017 - ABC News

"Hey Rocky! Watch me pull a rabbit out of my hat."<p>Every afternoon around 4.30pm after school, when the cartoons kicked in, those of us of a certain …

Federal Budget

Budget repair plan relies on big tax hikes, leading economist warns

Australia needs to hold a national tax summit, Bob Gregory says – with all taxes on the table for reform<p>One of Australia’s most respected economists has questioned the Turnbull government’s ability to balance the budget, saying the budget is projecting large tax increases to close the deficit but …

Economics

Voters have every reason to be cynical ahead of an 'accounting con' in federal budget

While acknowledging the undoubted "investment" aspects of some recurrent expenditure, especially in education, health, and welfare, recurrent …

Federal Budget

Budget day and bill hikes

Tuesday, May 09, 2017<p>Budget day and bill hikes<p>It’s budget day, and outlets are scrambling for exclusives ahead of the annual lock-up. The <i>Australian</i> …

Federal budget 2017: What we know so far - Federal Budget 2017 - ABC News

The countdown is on to the budget's release but the Federal Government has already revealed how key sectors such as education, infrastructure and …

Federal Budget

Federal budget 2017 at a glance: the measures revealed so far

Here are the policies that have been announced (or leaked, backgrounded or otherwise made public) before Tuesday’s Australian budget<p>Let us know if we’ve missed something here<p>BIG budget list

Federal Budget

Lower budget deficit to protect AAA rating

The main change from the mid-year review is the likely upward revision of next financial year's nominal growth forecast, which translates into a …

Economy