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The federal government is reforming its permanent migration system to select "better educated", "higher-skilled" and younger migrants to address worker shortages.
This year's budget has confirmed the permanent migration program will remain capped at 185,000 places, with over 70 per cent of places reserved for skilled migrants.
Treasurer Jim Chalmers has now handed down the 2026 federal budget, setting out the government's plans for spending, tax and the economy over the year ahead.
From housing and defence to cost of living relief and tax changes, the budget touches almost every part of the economy — with further detail now being worked through across parliament and industry.


The key measures, major announcements and biggest takeaways from the federal budget — explained simply.


Small businesses, first home buyers, migrants and travellers are just some of the Australians impacted by the 2026-27 federal budget.


It's a huge budget — we've broken it down into a simple $100 snapshot to show where every dollar goes.




The unrelenting pursuit of climbing the career ladder and achieving success has many questioning if the rat race is still worth running. Insight looks at why some of us prefer the rat race, why some are opting out, and asks: Is there a way to still run the race, without it running us?

News And Current Affairs
News And Current Affairs
News And Current Affairs
News And Current Affairs
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