Federal budget articles
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Australia's housing woes to be focus in federal budget
Australians struggling to afford a place to live can expect new measures in next week’s budget to address an escalating housing crisis. Treasurer Jim Chalmers has confirmed there will be a focus on housing in his third budget. “Renters are under pressure, in particular, and that’s why you can expect to see new initiatives in […]
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Four radical reforms to shrink our federal budget
It was exactly 50 years ago that the liberal post-Watergate Congress, dominated by Democratic big spenders, passed a new set of budget rules called the Budget Reform and Impoundment Control Act.
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Macklem says he doesn't think federal budget will have much of an impact on inflation
OTTAWA - Bank of Canada governor Tiff Macklem said he doesn't think the federal budget tabled last month will have much of an effect on inflation. Macklem was testifying at a Senate committee alongside senior deputy governor Carolyn Rogers on Wednesday following the central bank's latest interest rate announcement. The governor said the spending plan hasn't changed the federal government's fiscal track by much, since it's offset by higher revenues. “Since the government's net fiscal plan...