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Budget 2026

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Live: SA government hands down 2026 budget

live SA government hands down first budget since resounding election win Skip to timeline The SA government is about to hand down its first budget since winning the March election in a landslide. It's the first budget Tom Koutsantonis has delivered since he returned to the treasury portfolio last September. We will bring you all the updates as they unfold.

ABC Australia 7d ago

Sam Altman 'accepts' clients telling him they spent entire 2026 budget in Q1

ChatGPT-maker OpenAI’s CEO, Sam Altman, has admitted that businesses are increasingly concerned about the cost of using artificial intelligence (AI). The chief executive of the AI company has revealed that some customers are telling OpenAI that they have already exhausted their annual AI budgets within the first few months of the year. Speaking at the Intelligence at Work event, Altman said concerns about AI spending have emerged rapidly among OpenAI's customers, marking a shift from earlier...

Times of India 6d ago

Are you a winner or loser in this year's SA budget?

Here are the winners and losers Thu 4 Jun 2026 at 3:30pm South Australian Treasurer Tom Koutsantonis has unveiled the 2026–27 state budget. Mr Koutsantonis says the budget focuses on reducing costs for families and providing stability for business. With the state election held less than three months ago, there are few surprises and a lot of cash for promises, as state debt is projected to rise to more than $53 billion by 2029-30.

ABC Australia 7d ago

SA public service faces cuts as state budget to be handed down

SA public service cuts, debt set to grow, as 2026–27 state budget to be handed down Wed 3 Jun 2026 at 1:27pm In short: About 1,000 full-time equivalent jobs in the South Australian public service will not be filled over the next 12 months. The opposition says more needs to be done to rein in debt.

ABC Australia 8d ago

The ACT budget papers are out. Here are the five key takeaways

ACT budget papers reveal rising rates and a delayed surplus, as health levy scrapped Wed 10 Jun 2026 at 5:00pm After weeks of build-up, the full details of the ACT's budget have been revealed. And after dealing Canberrans a tough set of cards in his first budget, Treasurer Chris Steel's second has far fewer surprises. Let's take a look at the key takeaways from the 2026-27 ACT budget.

ABC Australia 1d ago

Newsletter: The bloc’s budget gameplay

As the 2026 FIFA World Cup officially kicks off in Mexico on Thursday, the European Union is attempting to figure out it's own on-field strategy for combatting finance crunches triggered by energy shocks and shifting geopolitics. Angela Skujins with your Thursday newsletter, where dollar signs are beaming from all corners of the bloc. But before we get into the money weeds, it is a mammoth day for international football fans.

Euronews 2h ago

No surprises but risks aplenty in Tom Koutsantonis's comeback budget

analysis No surprises but risks aplenty in Tom Koutsantonis's comeback budget Fri 5 Jun 2026 at 6:25am If a week's a long time in politics, nine years is an eternity. Yet some things haven't changed since Labor Treasurer Tom Koutsantonis last handed down a state budget in 2017. Back then, the Weatherill government was negotiating a support package for the Whyalla steelworks after the collapse of Arrium, putting up more than $50 million for a new owner.

ABC Australia 6d ago

Uber's $1,500/Month AI Limit Is a Useful Signal for AI Tool Pricing

3rd June 2026 - Link Blog Uber Caps Usage of AI Tools Like Claude Code to Manage Costs. I wrote the other day about Uber blowing its 2026 AI budget in four months, and how that wasn't particularly surprising given they would have set that budget in 2025, before anyone could have predicted how popular token-burning coding agents were about to become. Natalie Lung for Bloomberg:

Hacker News 7d ago

'Very troubled project': Hospital cost blowout concerns treasurer

Treasurer worried about hospital cost blowout amid projected record debt Sat 6 Jun 2026 at 7:27am In short: The SA treasurer says he is "very worried" about escalating costs for the new Women's and Children's Hospital in Adelaide, but will not reveal an updated price tag for the project. The state government handed down the 2026–27 budget on Thursday, which revealed net debt is expected to blow out to more than $50 billion in 2029–30. The treasurer says state net debt will reduce once the...

ABC Australia 5d ago

Anthony Albanese understands the Westminster system

analysis 'Volcano on the sea floor': Labor is aware of the challenges posed by One Nation, budget Sat 6 Jun 2026 at 5:00am Parliamentary Question Time is at best an imperfect reflection of political reality. A preening, frustrating dingleberry show oozing with hypocrisy and faux outrage. Talking point torture.

ABC Australia 5d ago