The real winners and losers from Albanese’s handouts
- All Australian taxpayers will receive tax cuts in July 2026 and July 2027, averaging an extra $50 weekly after this year's cuts are included.
- University students with a HECS debt will see a 20% reduction in their loans, saving a total of $5,520 for the average borrower.
- First-Home buyers will benefit from an expanded Help To Buy scheme, allowing for lower deposits on homes and increased equity contributions from the government.
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The graphs that explain the federal budget
The federal budget has fallen back into deficit after two consecutive years of surplus.The fiscal plan outlined by Treasurer Jim Chalmers tonight featured tax cuts for every taxpayer and heavy investments in health and education.Here are the graphs that explain the 2025-26 federal budget.WINNERS AND LOSERS: Who benefited, and who missed out in this year's budgetEXPLAINED: The surprise tax cut coming for every single Aussie taxpayerTWO-MINUTE GU…
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Leaning Left5Leaning Right5Center1Last UpdatedBias Distribution45% Left, 45% Right
Bias Distribution
- 45% of the sources lean Left, 45% of the sources lean Right
45% Right
L 45%
R 45%
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