UK Analysis: Australia's Myefo Shows Narrower Deficit
Treasurer Jim Chalmers delivers Australia's mid-year fiscal update, revealing a £36.8bn deficit and persistent inflation challenges. Key takeaways for the UK observer.
Category : Search result: Australian budget
Myefo reveals £36.8bn deficit as Chalmers battles spending
Treasurer Jim Chalmers unveils a multi-billion pound budget improvement, yet the deficit is set to nearly quadruple. Discover the fiscal challenges and government savings outlined in the midyear update.
Australian Coalition's Housing Policy Launched During Heatwave
Australia's opposition Coalition reveals its housing strategy as the nation battles extreme heat and bushfires. Get the latest on the policy details and the severe weather warnings impacting multiple states.
OBR in Crisis: Is the UK's Budget Watchdog Fit for Purpose?
After leaks and a resignation, the Office for Budget Responsibility faces existential questions. We examine its role, accuracy, and whether it still serves the public interest. Read the full analysis.
UK Must Strategically Invest in Defence AI to Compete
The Autumn Budget pledges £1.5bn and 2.6% GDP for defence, but experts warn AI and autonomy need sustained focus, not just cash, to secure Britain's future. Read the analysis.
SA Opposition Leader Vincent Tarzia Resigns
South Australian Liberal leader Vincent Tarzia has unexpectedly quit, triggering the party's fourth leadership change nationally in under a month. Read the full story on the political shake-up.
East Coast Gas Reserve Plan Expected Next Week
The Albanese government is set to reveal a new east coast gas reservation scheme, facing calls from unions and manufacturers to target exporters and lower prices now. Read the latest.
FCA won't probe Rachel Reeves over pre-budget briefings
The Financial Conduct Authority has rejected calls for an immediate investigation into Chancellor Rachel Reeves over pre-budget briefings but will review a Treasury leak inquiry. Full story on the market manipulation claims.
Treasury inquiry into budget leaks gets underway
The Treasury has launched a formal inquiry into the unprecedented leaks that marred the run-up to Chancellor Rachel Reeves's autumn budget. Discover the fallout and political accusations.
Tom Harwood: The Simple Way to 'Abolish' the OBR
GB News's Tom Harwood argues the Office for Budget Responsibility's power stems from government borrowing. The solution? Run a surplus and render the fiscal watchdog irrelevant.
Australian Senate Probes Fiscal Outlook and Public Sector Cuts
Australian Senate Estimates hearings scrutinise the nation's fiscal outlook, cost-of-living pressures, and controversial public service cuts in Victoria. Get the latest political analysis.
OBR Chief's Departure Eases Pressure on Chancellor Reeves
The surprise resignation of the OBR's chair offers Chancellor Rachel Reeves temporary relief from fiscal scrutiny, but experts warn the underlying economic challenges remain. Discover the implications for UK economic policy.
OBR Chief Resigns Amid Budget Scandal, Pressure on Reeves
OBR chair Richard Hughes resigns after budget document leak. Chancellor Rachel Reeves and PM Keir Starmer defend their economic plans amid growing political pressure. Read the full analysis.
OBR official criticises pre-budget leaks for causing damage
OBR's Prof David Miles tells MPs that pre-budget leaks spread damaging misconceptions, contradicting government briefings and potentially harming economic growth. Read the full hearing details.
Albanese reshuffles cabinet, promotes key allies
Prime Minister Anthony Albanese unveils a significant cabinet reshuffle, promoting allies and shifting key portfolios. Discover the new political landscape and its implications.
Reeves Denies Misleading Public Over Budget Forecasts
Chancellor Rachel Reeves defends her budget tax rises, denying she misled the public over OBR forecasts. Timeline reveals key details of the fiscal standoff.
Starmer Binds Himself to Chancellor Reeves Amid Budget Fallout
Keir Starmer defends Rachel Reeves, revealing he considered an income tax manifesto breach. Analysis shows the budget was driven by political survival, not ambition. Read the full story.
Reeves Accused of Misleading on OBR Forecasts
Chancellor Rachel Reeves faces accusations of misrepresenting OBR economic forecasts to justify tax rises. Keir Starmer defends his chancellor as the autumn budget looms.
OBR chair quits over early budget release
Richard Hughes, chair of the Office for Budget Responsibility, has resigned following an investigation into the premature publication of Rachel Reeves's budget. Read the full report.
Budget watchdog chief quits over accidental leak
The head of the Office for Budget Responsibility has stepped down after forecasts were published 40 minutes before the Chancellor's speech, causing uproar in Parliament. Read the full story.
OBR calls budget leak 'worst failure' in its history
The UK's budget watchdog says a pre-budget leak was its worst failure in 15 years, blaming leadership and weak IT security. Read the full investigation findings.
OBR report leaked twice due to staff technical errors
The OBR's fiscal report was leaked before the Budget due to technical errors, marking its 'worst failure' in 15 years. The watchdog pledges major changes to its publication process.
Investigation: OBR Leadership Responsible for Budget Leak
An inquiry finds the premature release of Rachel Reeves's budget was due to OBR leadership failures, not foreign cyber activity. Get the latest updates.
PM Starmer denies misleading public on budget finances
Prime Minister Sir Keir Starmer rejects claims he misled the public on the UK's public finances ahead of the budget, citing a £16bn OBR productivity review. Read the full story.
PM and Chancellor questioned over budget 'black hole' claims
Pressure mounts on Keir Starmer and Rachel Reeves as a new podcast probes whether they exaggerated the budget deficit to justify tax rises. Plus, EU defence talks stall and OBR head in the spotlight.
23 Unique Gifts Under £10 for 2025 Holidays
Discover 23 budget-friendly gifts under £10 that deliver exceptional value. Perfect for Secret Santa, stocking fillers, and thoughtful presents without breaking the bank.
Australia's Best Political Cartoons 2025 Released
Explore the sharpest political satire from Australia's top cartoonists in 2025. A visual chronicle of global uncertainty, from US politics to Gaza. The collection is out now.
OBR Budget Leak: Former Spook Leads Probe
The OBR's entire Budget forecast was published online 40 minutes early. Ex-security chief Ciaran Martin is now investigating the serious breach. Read the full details.
Vote for Best Australian Children's Picture Book
Guardian Australia invites readers to nominate their favourite Australian children's picture book for a major poll. Share your beloved childhood stories today!
OBR Leaks Budget 40 Minutes Early, Sparks Investigation
The Office for Budget Responsibility accidentally published its full budget analysis online 40 minutes before the Chancellor's speech, moving markets and prompting a major inquiry. Discover the full story behind the breach.
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