Public finance
The 2025 State Budget has allocated significant funding for infrastructure projects in St George and South-West Sydney, including upgrades to King Georges Road, new schools, and improvements to St George Hospital. However, with no substantial investment in the local area for the third year in a row, some local MPs
Public finance
As the cost of living continues to rise in Queensland, two mothers from Brisbane and Townsville are sounding the alarm on the need for cost-of-living relief from the state government's budget. Grace Mainwaring and Beth Simpson, both parents of young children, are finding it increasingly difficult to balance
Public finance
The Pakistan government has introduced significant income tax cuts in the Budget 2025-26, offering relief to middle-income salaried individuals. Starting July 2025, those earning Rs150,000 per month (Rs18 lac annually) will pay an income tax of Rs72,000, which breaks down to Rs6,000 per month. This updated structure
Public finance
The Queensland government has tabled its 2025-26 budget, providing a modest 7.7 per cent increase in funding for the Department of Primary Industries (DPI), from $458.65 million to $494.02 million. The budget includes new commitments for drought resilience programs, research centres, and biosecurity initiatives, while also funding
Public finance
The NSW State Budget has been unveiled, allocating significant funds to regional development, schools, hospitals, and infrastructure. However, regional pundits have expressed disappointment, citing the budget as missing the mark and failing to address pressing regional concerns. The budget allocates $4.2 billion for disaster relief and recovery, with $2.
Public finance
The 2025 NSW budget promises a boost for education, healthcare, and disaster relief, with a focus on regional areas. However, it falls short in providing cost of living relief for individuals and families. A $1.2 billion increase in funding for children and families fleeing abuse and neglect is the
Public finance
The National Assembly has approved a comprehensive set of budgetary grants for the federal government, backing allocations for various sectors, including the Cabinet and Commerce Divisions. Finance Minister Muhammad Aurangzeb presented 69 demands for grants worth Rs 1.65 trillion, which were passed without amendment. The allocations cover a wide
Public finance
The Centre for Policy Dialogue (CPD) has expressed concerns that the proposed income tax changes in the national budget will disproportionately affect low- and middle-income earners in Bangladesh over the next two fiscal years. CPD Executive Director Dr. Fahmida Khatun stated that the planned tax adjustments compromise the principle of
Public finance
Federal Finance Minister Muhammad Aurangzeb outlined key economic policies and tax reforms during the National Assembly's debate on the 2025-26 federal budget. The minister's speech was met with protest from the opposition, who tore up copies of the agenda and clashed with government members. Despite the
Public finance
Pakistani Finance Minister Muhammad Aurangzeb announced significant revisions to the federal budget proposals for FY2025-26, amid public criticism and pressure from lawmakers. The revised proposals include a lowered income tax rate for the salaried class and a reduced General Sales Tax (GST) on imported solar panels. The move is aimed
Public finance
A recent state audit "Consolidation of the State Information Resources Infrastructure" conducted in Lithuania has revealed that the centralized provision of IT services to the public sector is inefficient. The project, which has garnered 100 million euros in investments from the state budget and EU funding over the
Public finance
Finance Minister Muhammad Aurangzeb introduced fresh tax measures in the National Assembly during the budget speech for FY2025-26, aiming to increase revenue and promote economic stability. The measures include a 29% tax on income from the debt portion of mutual funds for companies and a 20% tax on profits earned
