Labor’s budget will benefit the young – but does little to woo voters drawn to One Nation
By Patrick Commins Economics editor
Jim Chalmers’ budget tips the scales in favour of younger and less well-off households – but it’s middle-class gen X that are turning to the rightwing party
#Australianbudget2026 #Australianpolitics #Economics #Consumeraffairs #Australianews #Business #Money #Laborparty #JimChalmers #AnthonyAlbanese #PatrickComminsEconomicseditor
Labor’s budget will benefit the young – but does little to woo voters drawn to One Nation
By Patrick Commins Economics editor
Jim Chalmers’ budget tips the scales in favour of younger and less well-off households – but it’s middle-class gen X that are turning to the rightwing party
#Australianbudget2026 #Australianpolitics #Economics #Consumeraffairs #Australianews #Business #Money #Laborparty #JimChalmers #AnthonyAlbanese #PatrickComminsEconomicseditor
Rachel Reeves suggests if it ain’t broke, don’t fix it - as fight to keep her job goes on
By Richard Partington Senior economics correspondent
The GDP boost has raised the chancellor’s prospects for staying in post, whoever wins the Labour leadership battle
https://www.theguardian.com/business/2026/may/14/rachel-reeves-uk-economy-gdp-boost
#EconomicgrowthGDP #Economicpolicy #Economics #UKcostoflivingcrisis #Governmentborrowing #Politics #Business #Bonds #UKnews #Gilts #Labour #KeirStarmer #ResolutionFoundation #Taxandspending #Globaleconomy #Energybills #Petrolprices #Householdbills #Money #Motoring #Consumeraffairs #Consumerspending #RichardPartingtonSenioreconomicscorrespondent
Reeves says ‘if economy ain’t broke, don’t fix it’ - as fight to keep her job goes on
By Richard Partington Senior economics correspondent
Whoever wins the Labour leadership tussle, the chancellor’s prospects for staying inpost have risen given the surprise GDP boost
https://www.theguardian.com/business/2026/may/14/rachel-reeves-uk-economy-gdp-boost
#EconomicgrowthGDP #Economicpolicy #Economics #UKcostoflivingcrisis #Governmentborrowing #Politics #Business #Bonds #UKnews #Gilts #Labour #KeirStarmer #ResolutionFoundation #Taxandspending #Globaleconomy #Energybills #Petrolprices #Householdbills #Money #Motoring #Consumeraffairs #Consumerspending #RichardPartingtonSenioreconomicscorrespondent