On 18th December 2024, Treasurer Jim Chalmers and Finance Minister Katy Gallagher released the Albanese Government’s mid-year budget update. The complete Mid-Year Economic and Fiscal Outlook (MYEFO) budget document can be accessed here. The MYEFO reflects the Government’s focus on maintaining fiscal discipline while addressing cost-of-living pressures and investing in Australia’s long-term economic resilience. With $14.6bn in additional… Continue reading Mid-Year Economic and Fiscal Outlook (2024-25)
Tag: Economy
Labor’s Building Early Education Fund
On Wednesday, 11th December, 2024, the Albanese Government announced their $1 billion investment into establishing the Building Early Education Fund. The Fund will build early childhood education and care centres across Australia, giving more families access to quality Early Childhood Education and Care (ECEC) in the regions and outer suburbs. Announced as part of a $1.47 billion… Continue reading Labor’s Building Early Education Fund
2024-25 Federal Budget
2024-25 Federal Budget 17 May 2024 Introduction On Tuesday 14 May 2024, Treasurer the Hon Dr Jim Chalmers MP delivered the 2024-25 Federal Budget. The 2024-25 Federal Budget is the third Budget of the Albanese Labor Government and is forecast to deliver a second straight surplus, expected to be $9.3 billion this year. In his… Continue reading 2024-25 Federal Budget
Albanese Government’s $3.5b Housing Plan
On Wednesday 16 August at the national cabinet meeting in Brisbane, the Albanese Labor Government unveiled their fast-tracked $3.5b housing plan. Working with the states and local councils to increase housing supply, the plan a funding boost to construct 1.2 million homes over the next five years. This comes just months after Labor’s announcement in… Continue reading Albanese Government’s $3.5b Housing Plan
SA 2023-2024 State Budget
2023 – 24 South Australian State Budget Introduction On Thursday 15 June, South Australian Treasurer the Hon Stephen Mulligan MP delivered the 2023-24 South Australian Budget. This is the second Budget of the Malinauskas Government and aims to deliver on the government’s commitment to housing, health and cost-of-living relief while laying strong foundations for the… Continue reading SA 2023-2024 State Budget