Australia's Mid-Year Budget Shows $12.6bn Deficit
Treasurer Jim Chalmers unveils a mid-year budget update with a $12.6bn deficit. Discover the spending cuts, economic forecasts, and political implications for Australia's future.
Category : Search result: Australia budget deficit
Deloitte: Australia Faces 'Decade of Deficits' Without Tax Reform
A new report warns Australia faces budget deficits 'as far as the eye can see' without bold tax reforms, including an inheritance tax. Read the key proposals.
Putin Visits India to Strengthen Strategic Ties
Russian President Vladimir Putin arrives in New Delhi for a state visit aimed at bolstering defence and economic cooperation with India, amid Western pressure over Ukraine. Read the full analysis.
Macron in China for trade and Ukraine talks with Xi
French President Emmanuel Macron begins a three-day state visit to China, aiming to rebalance trade ties and seek Beijing's influence on Russia regarding the Ukraine war. Follow the latest diplomatic developments.
Chicago Proposes $1.25 Package Fee in Budget Battle
Chicago lawmakers propose a $1.25 delivery fee and doubled rubbish charges to tackle a $1.15bn deficit, clashing with the mayor over migrant spending. Discover the budget battle details.
OBR Chair Resigns as Fiscal Forecasts Spark Political Row
Richard Hughes, chair of the Office for Budget Responsibility, has resigned. The move follows intense scrutiny of the watchdog's economic forecasts and exposes the government's delicate balancing act between political promises and market demands.
Swinney: Reeves 'misled public' over UK finances
Scotland's First Minister John Swinney claims Chancellor Rachel Reeves misled the public on the fiscal situation ahead of the Budget. Labour ministers deny the allegations.
Reeves' £26bn Tax Hike Based on False Deficit Claim
Chancellor Rachel Reeves claimed a £20-30bn deficit to justify a £26bn tax raid. OBR data shows a £4.2bn surplus. Questions mount over her integrity and economic trust.
Starmer backs Reeves amid Budget deficit controversy
Keir Starmer supports Rachel Reeves' Budget decisions despite OBR scrutiny over deficit claims. Chancellor faces allegations of misleading voters about fiscal black hole.
Reeves faces budget row over OBR deficit claims
Chancellor Rachel Reeves defends budget amid controversy over deficit statements. OBR revelations spark opposition calls for investigation. Follow latest developments.
Starmer backs Budget as Reeves faces scrutiny
Keir Starmer supports the Budget while Rachel Reeves faces scrutiny over pre-Budget deficit claims. Opposition calls for FCA investigation into fiscal forecasts.
Budget Leak Causes Market Chaos, Tax Hikes Revealed
Chancellor Rachel Reeves faces Budget leak crisis revealing tax increases for one in four workers by 2030, sparking financial market turmoil and political fallout.
UK government borrowing soars ahead of budget
UK public finances show higher-than-expected borrowing of £17.4bn in October, creating a major challenge for Chancellor Rachel Reeves' upcoming budget statement. Read the full analysis.
Russia's wartime economy slows, taxes rise
Russia's wartime economy slows, forcing the Kremlin to raise VAT and other consumer taxes. Discover the impact on ordinary Russians and the budget deficit.
Trump lifts tariffs on Australian beef imports
The Australian government welcomes the removal of US tariffs on beef and agricultural exports, a decision reversing Trump's earlier policy amid inflation concerns.
Doctor's No-Food-Ban Diet Plan for Weight Loss
Leading obesity expert Dr Spencer Nadolsky reveals why he bans no foods for patients. Discover his calorie-deficit strategy and the Mediterranean diet's role in sustainable weight management.
Romania protests: Thousands rally against austerity
Thousands protest in Bucharest demanding higher wages and tax cuts as the government enforces austerity to tackle the EU's high budget deficit. Read the full story.
Australia's Hidden Culinary Gems Revealed
Discover Australia's best-kept culinary secrets with the revolutionary Detour guide, featuring hidden bars, authentic local eateries, and unforgettable food experiences across Sydney, Melbourne and beyond.
Australia's Best Value Fruit: November Mango Deals
Discover why mangoes are the ultimate supermarket bargain this November, alongside other seasonal stars like cherries and stone fruit that won't break the bank.
Canada's deficit soars in pre-emptive Trump tariff defence
Mark Carney's government unveils massive spending package, adding tens of billions to deficit in pre-emptive strike against potential Trump tariffs. Analysis of Canada's economic defence strategy.
Badenoch Attacks Labour's Economic Plans
Business Secretary Kemi Badenoch launches scathing attack against Labour's economic plans, claiming they've forgotten their role in recent financial turmoil as political battle over budget intensifies.
Farage's Tax Reforms Create £40bn Budget Hole
Reform UK's manifesto pledges would create massive budget shortfall requiring severe spending cuts or tax rises elsewhere, according to IFS analysis of Nigel Farage's economic plans.
Britain Bottom of Global Nature Connection Ranking
Groundbreaking research reveals Britain sits at the bottom of a global ranking measuring people's connection to nature, with serious implications for wellbeing and environmental action.
Australia's Boomer Wealth Gap: Young Pay the Price
A startling generational wealth gap is tearing at Australia's social fabric as young Australians struggle under housing costs and stagnant wages while baby boomers enjoy unprecedented prosperity.
UK Among Nations With Weakest Nature Connection
Groundbreaking global study exposes which populations feel most disconnected from nature, with UK residents showing alarmingly low levels of environmental engagement.
Labour to give OBR veto power over budgets
Shadow Chancellor Rachel Reeves announces radical plan to give Office for Budget Responsibility unprecedented veto power over government budgets, marking significant break from Conservative economic approach.
Southampton Boat Show faces brutal budget uncertainty
The prestigious Southampton International Boat Show faces unprecedented challenges as government budget delays create a 'brutal' atmosphere, leaving marine businesses feeling 'very attacked' and threatening the future of this cornerstone UK marine event.
Britain among world's least nature-connected nations
Shocking new research shows Britain has one of the lowest levels of nature connection globally, while Nepal tops the chart. Discover why urban living and modern lifestyles are creating a nature deficit.
American's Australian nightmare: Homeless, jailed, spider attacks
An American man's quest for an Australian adventure inspired by Steve Irwin turned into a harrowing tale of homelessness, spider attacks, and double imprisonment. Discover how his dream life Down Under became a cautionary story.
Revealed: Lobbyists' secret role in Labour budget
Exclusive investigation reveals how corporate lobbyists gained unprecedented access to shape Labour's first budget, raising serious questions about who really benefits from Britain's economic decisions.
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