Fast-tracked processing of passport applications available to Australian travellers from July 1

Fast-tracked processing of passport applications available to Australian travellers from July 1

Australians will soon be able to pay less to have their passport applications fast-tracked under a new system. Treasurer Jim Chalmers unveiled the changes as part of the 2024 Federal Budget on Tuesday night. WATCH THE VIDEO ABOVE: 2024 Federal Budget delivered Currently, an eligible applicant can pay a priority processing fee of $252 to … Read more

2024 Budget winners and losers: Who came out best and who was left wanting

2024 Budget winners and losers: Who came out best and who was left wanting

Addressing cost-of-living pressures was at the forefront leading into the federal budget. Treasurer Jim Chalmers handed down his third budget on Tuesday night, describing it as a budget that helped struggling Australians while investing in the country’s future. Cost-of-living relief and inflation were the hot topics, as the government promised measures to ease pressures while … Read more

Federal budget: Power bill shock sparks rebates of $300 to every Australian home

Federal budget: Power bill shock sparks rebates of 0 to every Australian home

Every Australian household and more than one million small businesses will receive $300 off their power bills, as the federal government tries to ease bill shock fuelled by Russia’s invasion of Ukraine. The package is part of cost-of-living measures in Tuesday’s federal budget, with the government planning to spend $3.5 billion in the 2024/25 financial … Read more

University graduate gives her verdict on whether HECS indexation overhaul goes far enough

University graduate gives her verdict on whether HECS indexation overhaul goes far enough

When university graduate Nariman Dein started studying, she felt privileged to access Australia’s student loan system. Bright-eyed and eager to jump into university after finishing high school, Dein said the messaging around Australia’s university fee program, HECS-HELP, was it was “basically like free university”. “I was told you don’t have to worry about it because … Read more

Federal budget: More than $11 billion promised to help housing crisis

Federal budget: More than  billion promised to help housing crisis

Renters under pressure will be given a helping hand, as Australia’s housing woes played a key focus in the federal budget. The government has committed $1.9 billion to increase the maximum rates of Commonwealth Rent Assistance by 10 per cent. Under the supplement, welfare recipients who rent receive up to $250 a fortnight. The increase … Read more

Workers set to see five-year stretch of pay packet growth in real terms, government predicts

Workers set to see five-year stretch of pay packet growth in real terms, government predicts

Workers will see their pay packets grow in real terms for at least the next five years, flying in the face of ingrained inflation fears, the federal government predicts. Continuing strength in the Australian labour market is expected to result in a four per cent rise in wages growth in the 2023/24 financial year, outstripping … Read more

2024 Budget explained: From tax cuts to HECS changes and power bill relief. Your five-minute guide

2024 Budget explained: From tax cuts to HECS changes and power bill relief. Your five-minute guide

Australian households will benefit from a new power bill relief payment unveiled in the federal budget, as the government focuses on helping those struggling under cost-of-living pressure. In the lead-up to the federal budget, Treasurer Jim Chalmers hammered home his commitment to providing “responsible relief” that eased pressure on Australian households while decreasing inflation. This … Read more

From housing relief to HECS help: Here’s what we know about the 2024 Federal Budget

From housing relief to HECS help: Here’s what we know about the 2024 Federal Budget

Treasurer Jim Chalmers is preparing to hand down his third federal budget on Tuesday, as he promises more cost-of-living relief while managing inflationary pressures. Speaking to 7NEWS on Sunday, the treasurer confirmed it would be a budget for “mums and middle Australia … families and pensioners and students and young people”. “It will be a … Read more

WA Budget: New $400 electricity credit included in state government’s cost-of-living assistance package

WA Budget: New 0 electricity credit included in state government’s cost-of-living assistance package

The WA government will stump up an extra $762 million to help families battling with the soaring cost of living. Handing down its eighth budget, the Labor government said it was delivering a record assistance package to reduce the cost of electricity, education and transport. Premier Roger Cook said the budget looked after Western Australians … Read more

Victorian Budget 2024: Melbourne Airport Rail among projects scrapped or pushed back by state government amid rising debt

Victorian Budget 2024: Melbourne Airport Rail among projects scrapped or pushed back by state government amid rising debt

Passengers will have to wait until 2033 to take a train to Melbourne Airport, as the Victorian government takes an axe to major project spending to curb spiralling debt. Unveiling his 10th state budget on Tuesday, Treasurer Tim Pallas revealed Melbourne Airport Rail was set to be completed at least four years later than its … Read more