state budget

South Australia's Budget: Echoes of 2017 Challenges and New Geopolitical Risks

South Australia's latest budget, delivered by Treasurer Tom Koutsantonis, grapples with persistent challenges from 2017, including the Whyalla steelworks and the Women's and Children's Hospital project. New geopolitical instability, particularly the Iran War, adds significant forecasting difficulty and risk to the state's finances, with projected net debt rising sharply.

South Australia's Budget: Echoes of 2017 Challenges and New Geopolitical Risks

South Australia's Treasurer Tom Koutsantonis presented a budget grappling with persistent challenges from 2017, including the Whyalla steelworks and a new hospital project facing cost blowouts. New geopolitical instability, particularly the Iran War, adds significant uncertainty to revenue forecasts, while rising debt and interest expenses pose further risks.

South Australian Budget 2026-27: Winners and Losers Revealed

South Australia's 2026-27 budget prioritizes cost-of-living relief and housing initiatives, allocating $1.3B for rent-to-own homes and significant funds for education and business support. Despite a projected surplus, state debt is expected to exceed $53B by 2029-30.

South Australia State Budget: Key Events and Reactions

South Australia's state budget focuses on cost-of-living relief and business stability, but faces criticism over rising debt, insufficient housing investment, and potential impacts of public service cuts. Key announcements include public transport fare pauses, NDIS support, and IVF funding.

France Plans "Transparency Operation" in Next State Budget

Politics·5/22/2026AI summary

France Plans "Transparency Operation" in Next State Budget

France's next state budget, to be discussed in autumn, will feature a "transparency operation" to distinguish public service operating costs from pension expenses, according to Public Accounts Minister David Amiel.

Le Figaro Actualités

Urgent

Health Groups Slam "Unrealistic" $700 Million Cuts to Tasmanian Health Department

Health groups in Tasmania are criticizing the state budget's $702.61 million in cuts to the Health Department over four years, deeming them "completely unrealistic" and disconnected from the system's needs.

Politics·5/23/2026AI summary

Urgent

Health groups slam $700M Tasmanian Health Department cuts as 'unrealistic'

Health groups in Tasmania are criticizing $700 million in budget cuts to the Health Department, deeming them 'completely unrealistic' and a 'joke.' The cuts, part of a larger $1.47 billion public service efficiency drive, are expected to impact patient care and staff workloads.

Politics·5/18/2026AI summary

Urgent

Tasmania's State Budget: A Bleak Outlook Amidst Financial Woes

Tasmania's upcoming state budget faces a bleak financial outlook, with projected cuts to essential services like ambulances and housing despite a significant debt burden. Independent economist Saul Eslake calls for a credible plan to achieve fiscal surplus, while Treasurer Eric Abetz is expected to implement budget cuts.

Arts·5/16/2026AI summary

Mature Artists Dance Experience struggles with funding cuts

The Mature Artists Dance Experience (MADE) faces funding challenges, relying on volunteers and donations for its latest show 'Particles' after failing to secure grants. This highlights broader concerns about declining arts funding in Tasmania, which is reportedly the lowest in Australia.

5/8/2026

Breaking down what you can get out of this year's budget

Some WA families could receive thousands of dollars from this year's cost-of-living relief measures in the state budget. Here's how to work out what you are eligible for.

5/8/2026

Work out if you are eligible for $3,600 of budget concessions, savings

Some WA families could receive thousands of dollars from this year's cost-of-living relief measures in the state budget. Here's how to work out what you are eligible for.

5/8/2026

Cost of living relief in WA budget labelled 'a joke' by some regional residents

Residents in regional Western Australia say the 2026–27 State Budget fails to provide any significant cost of living relief to those living outside of Perth or major regional cities.

5/6/2026

Can the budget lull sleepless Victorian voters as cost of living rises?

The state budget landed on the same day the Reserve Bank once again jacked up interest rates, and ABC listeners say the cost of living is keeping them awake at night, Raf Epstein writes.

5/6/2026

Can the budget soothe sleepless Victorian voters as cost of living rises?

The state budget landed on the same day the Reserve Bank once again jacked up interest rates, and ABC listeners say the cost of living is keeping them awake at night, Raf Epstein writes.

5/6/2026

Victoria's treasurer says she has 'a lot of sleepless nights'

The state budget landed on the same day the Reserve Bank once again jacked up interest rates. ABC Melbourne listeners say the cost of living is keeping them awake at night.

5/5/2026

The Victorian state budget explained in five key charts

The latest figures released by the government show where its spending is going, and where the money to pay for it all is coming from.

5/5/2026

The most important number isn't in Victoria's state budget pages

The most important number in the Victorian budget isn't listed in its pages. It's the 206 days until the polls, with the Labor Government seeking an unprecedented fourth term.

5/5/2026

Hungary's state budget deficit could reach 6.8% by end of 2026 — Magyar

Tisza Party leader said that he had learned of plans by the outgoing cabinet led by Viktor Orban to conclude and finance new government contracts, which could negatively impact the budget

TASS

5/4/2026

Law, order and $1b surplus form pillars of Labor's upcoming budget

The government has pledged to invest heavily in a crime crackdown and deliver a surplus in its upcoming 2026/27 state budget.

5/4/2026

EMBARGOED UNTIL 0500: Law, order and $1b surplus form pillars of Labor's upcoming budget

The government has pledged to invest heavily in a crime crackdown and deliver a surplus in its upcoming 2026/27 state budget.

5/4/2026

Law, order and $1b surplus form pillars of Labor's upcoming Victorian budget

The government has pledged to invest heavily in a crime crackdown and deliver a surplus in its upcoming 2026/27 state budget.

4/24/2026

Vic govt announces $860m for 7,000 extra social housing properties

An extra 7,000 social housing properties will be built in Victoria in the coming decade, with an initial $860 million investment in the state budget, the Allan government has announced.

Pertamina Raises Fuel Prices in Indonesia Amid Balancing Act Between Market Pricing and Subsidies

4/22/2026AI summary

Pertamina Raises Fuel Prices in Indonesia Amid Balancing Act Between Market Pricing and Subsidies

Pertamina raised RON-98 petrol (Pertamax Turbo) to 19,400 rupiah per litre from 13,100 rupiah, and diesel products by around 60%, while also increasing 12kg LPG canisters to 228,000 rupiah in Jakarta, East Java and Central Java. The price hikes reflect Indonesia's balancing act between allowing market-priced fuels to track global crude costs while shielding subsidised products for lower-income households from increases that could carry economic and political consequences.

SCMP Economy