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The Albanese government is preparing to make slowing the growth of the $50 billion NDIS a central pillar of its May budget savings, as the Middle East conflict drives up household pressures and undermines other planned revenue measures.
The government is facing new fiscal strain from the Iran–Middle East conflict, which has disrupted earlier budget plans.
Labor is reconsidering axing the EV Fringe Benefits Tax exemption and delaying a road‑user charge.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.