But interest rates and inflation have increased. Today, the federal government spends more to pay off its debt each year than ...

Here are seven key budget charts that shed light on the nation’s finances, the economic outlook and what lies ahead.

Dr Chalmers’ budget forecasts spending under the Albanese government hitting 27 per cent of GDP in 2025-26. In comparison with other Labor governments, the Whitlam peak was 24.3 per cent ...

The treasurer says the budget ... significant spending restraint, no more tax cuts, and no economic shocks that would require fiscal stimulus. The projections underscore the federal government ...

How does the federal government allocate the trillions of dollars it spends every year? According to polls, the government spends a lot of money on foreign aid and welfare. But of course those polls ...

Health Secretary Robert F. Kennedy Jr. suggests that laying off thousands of federal workers would tame a massive budget. But ...