Parliament of Australia in Canberra. Credit: Sammi Sastradipradja Jim Chalmers revealed his fifth budget as Treasurer last Tuesday, with tax reform and housing affordability for young people at the core of Labor’s plan. The war in Iran has greatly disrupted the global economy, sending shocks through oil supply chains. Global fuel shortages significantly impacted our economy, and cost of living is predicted to worsen. There is a lot to digest in this Budget. This is how you w

Image credit: Benjamin Crone - stock.adobe.com About 160,000 will be removed from the National Disability Insurance Scheme (NDIS) by 2030 under reforms aimed at curbing rising costs. Health Minister Mark Butler said the reforms would save Australian taxpayers $35 billion over the next four years, bringing the projected $70 billion price tag down to $55 billion. “Unless we take action to make it sustainable, it simply will not be there in the future for the Australians who nee