Treasurer Jim Chalmers has unveiled a mid-year budget update marked by fiscal restraint, highlighting a $5.4 billion improvement to the deficit alongside critical new funding for the CSIRO and community security. However, the outlook remains fraught as rising inflation threatens real wage growth and persistent spending pressures in childcare and the NDIS continue to squeeze the bottom line.
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SBS News In Depth Folgen
Hear the story behind the headlines. In each episode, we’ll help you make sense of the news stories that matter to you from Australia and the world, with reports and interviews from the SBS News team.
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1365 Folgen
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Folge vom 17.12.2025Government deficit figure has improved, but fiscal restraint important
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Folge vom 17.12.2025MYEFO inflation implications & Westpac cancels 2026 rate cut callSBS Finance Editor Ricardo Gonçalves speaks with Shane Oliver from AMP about the implications the government's Mid-Year Economic and Fiscal Outlook will have on inflation as Kyle Rodda from Capital.com looks through the day's sharemarket action including Westpac's change of heart on interest rates
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Folge vom 17.12.2025Second Middle Eastern man tackled one of the Bondi gunmen but was then attacked himselfOn the 14th of December, as an antisemitic mass shooting targeted a Hanukkah festival at Bondi Beach, several heroes emerged, most notably Ahmed al-Ahmed, a Muslim man of Syrian origin who courageously disarmed one of the attackers. But he was not the only Middle-Eastern Muslim to risk his life to put a stop to the attack. There was another Middle-Eastern Muslim man who risked his life to disarm the other shooter. However, his lawyer says due to his Middle-Eastern appearance and all-black attire, he was thought to be one of the shooters. As a result, he was shot at by police, then set upon by a small crowd of people.
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Folge vom 17.12.2025Ukraine peace talks pick up momentum after high-level Berlin meetingHigh-level diplomatic talks aimed at ending the war in Ukraine are gaining momentum, with United States and European leaders hoping to secure a path to peace before Christmas. US President Donald Trump says negotiations on a draft peace plan have made significant progress. While Ukraine has welcomed the proposal, key issues remain unresolved, including the future of Russian-occupied territory and security guarantees to prevent renewed aggression.