Historic housing and trust tax reforms welcomed but people with the least miss out (again).

Last week, while Albo flew around the world trying to secure emergency fuel and fertiliser supplies for Australia, as a result of the international crisis caused by the United States, Acting PM and Defence Minister Richard Marles was in Canberra talking about defence.

Cryptocurrency interests played a significant role in the recent election of Donald Trump in the United States, outspending oil companies, banks and Elon Musk, and they have already been rewarded, with Bitcoin now hovering around $100,000USD, a historic high. Now the crypto bros are pushing for 'sensible' regulation in Australia, and are hard at work lobbying both sides of politics.

Many were left puzzled by the recent federal budget by Labor Treasurer, Jim Chalmers, with its projected surplus of $9.3 billion. 

It's impossible to make everyone happy on budget night, but Treasurer Jim Chalmers' 2024 effort has upset more than most, as the government struggles to avoid inflation rebounding, make more things in Australia, and do something about the cost of living.

Treasurer Jim Chalmers tells us the budget surplus this financial year ballooned from an expected $4.2 billion out to $19 billion. Ordinary Australians, desperately trying to keep their budgets under control and cost cutting wherever they can, should expect some kind of relief from this surprise windfall.