Stay informed with in-depth breaking U.S. political news and insightful analysis from VoiceOfAmericaNews.com. Our featured AI-POWERED NEWS MONITOR includes a curated feed from authoritative sources such as the White House, FBI, and NSA, highlighting our commitment to monitoring key national broadcasts and upholding democratic values.

NEWS MONITOR

VoiceOfAmericaNews.com Analyzing Key U.S. Broadcasts

Treasurer admits fifth budget is 'politically risky' — here's why | ABC NEWS

The federal treasurer has declared the housing system is “broken” as he prepares to break an election promise and increase taxes on property investors in this week’s budget.
In an interview with the ABC, Jim Chalmers admitted his fifth budget was politically risky, but insists it will address voter concerns.
National Affairs Correspondent Jane Norman reports.

Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-05-10/gas-tax-revenue-up-in-federal-budget/106663036

ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It’s news when you want it, from Australia’s most trusted news organisation.

For more from ABC NEWS, click here: https://ab.co/2kxYCZY
Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1

Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2
Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au

Note: In most cases, our captions are auto-generated.

#ABCNEWS #ABCNEWSAustralia

Cheryl Serrano

Related Posts

One Nation scores historic win in Farrer by-election | Insiders | ABC NEWS

David Speers discusses the week with Niki Savva, Melissa Clarke and Greg Brown including the result of the Farrer by-election, the RBA raise interest rates, what to expect in Tuesday’s…

Treasurer considers 'broken' housing market, tax reform ahead of federal budget | ABC NEWS

Treasurer Jim Chalmers has been preparing to hand down his fifth federal budget, with housing and tax reform set to be top of the agenda. National Affairs Correspondent Jane Norman…

You Missed

One Nation scores historic win in Farrer by-election | Insiders | ABC NEWS

One Nation scores historic win in Farrer by-election | Insiders | ABC NEWS

Treasurer considers 'broken' housing market, tax reform ahead of federal budget | ABC NEWS

Treasurer considers 'broken' housing market, tax reform ahead of federal budget | ABC NEWS

Whyalla students to compete in world hydrogen racing | ABC NEWS

Whyalla students to compete in world hydrogen racing | ABC NEWS

Treasurer admits fifth budget is 'politically risky' — here's why | ABC NEWS

Treasurer admits fifth budget is 'politically risky' — here's why | ABC NEWS

This Week with George Stephanopoulos 5/10/26 | ABC News Today May 10, 2026

This Week with George Stephanopoulos  5/10/26 | ABC News Today May 10, 2026

Fox News Wins Again

Fox News Wins Again
©2025 VoiceOfAmericaNews.com