Meanwhile treasurer says next week’s budget will save more than it spends. Follow today’s news live
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Budget won’t extend fuel excise cut beyond Jone, treasurer says
Jim Chalmers says next Tuesday’s budget will not extend the 26 cent fuel tax cut beyond June.
The budget will be calibrated for the conditions, but it will also still be consistent with our ambitions.
The election began a year of delivery, and the budget will begin a year of more ambitious reform, reform which is made more not less, urgent by global inflation and global economic uncertainty.
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Source link : https://www.theguardian.com/australia-news/live/2026/may/04/australia-news-live-jim-chalmers-budget-inflation-labor-cost-of-living-interest-rates-bondi-shooting-royal-commission-antisemitism-ntwnfb
Author : Stephanie Convery
Publish date : 2026-05-03 23:33:00
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