Oh God, has it really come to this? I’ve come to the National Hot Rod and Custom Car Show at the Lincolnshire Showground for a trip down memory lane and I’m now standing in a field in the rain.

The mid-year economic and fiscal outlook shows an improvement in the 2024-25 budget bottom line will give way to deficits totalling $143.9bn to 2027-28 — $22bn more than initially projected.

“He [Chalmers] was there today with his own version of dishonesty.” Former speaker of the House Bronwyn Bishop has taken a stab at Treasurer Jim Chalmers for his “own version of dishonesty”.

Treasurer Jim Chalmers revised down company tax receipts by $6.6 billion for 2024-2025 and by $8.5 billion over the four-year outlook period in the mid-year budget update released on Wednesday.

Add articles to your saved list and come back to them any time. Jim Chalmers has delivered a set of budget numbers covered in red – that’s bad news for Anthony Albanese and also for Peter Dutton.

Treasurer Jim Chalmers used his mid-year fiscal update to reveal a budget awash in red ink, with government spending on everything from aged care to the GST accelerating through 2024-25 and a ...

Has any Treasurer ever had so much bad luck as Unlucky Jim Chalmers? Picture: Martin Ollman This was an utterly bizarre way to announce we’re actually getting the exact opposite. In fact ...

The race to determine the title of “Fastest Street Car in America” is back as HOT ROD Drag Week 2025 Presented by Gear Vendors is set to take over four prestigious tracks, kicking off in the ...

Jim Chalmers is eyeing changes to concessions on high-value superannuation accounts, after it was revealed the tax break will cost the government $55bn this year. The federal Treasurer on Tuesday ...

Treasurer Jim Chalmers was unable to explain why people were staying for longer. "It's coming down slower than was anticipated in the budget really for one reason, and that's because there have ...

Gift 5 articles to anyone you choose each month when you subscribe. Treasurer Jim Chalmers has vowed to keep pursuing higher taxes on superannuation accounts worth more than $3 million ...

Superannuation tax concessions are expected to cost the federal budget more than $55bn this financial year, as Jim Chalmers vows to push ahead and legislate Labor’s tax hike on high-balance nest ...