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Live updates: Watch as Treasurer Jim Chalmers hands down the federal budget

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WATCH LIVE: Treasurer Jim Chalmers delivers the 2026 federal budget

Budget 2026 has been unveiled — here's where things stand

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.

Federal budget 2026: What it would look like if it were $100

If the federal budget were just $100, here's exactly how it would be split.

Our reporter Cameron Carr breaks down the big numbers into something much simpler in this explainer:

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Federal Budget 2026

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Eurovision: Delta Goodrem joins competition favourites as the party begins in Vienna

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Vienna is living up to its reputation as the ‘City of Music’ this week as it readies to host the 2026 Eurovision Song Contest. Fans in their thousands have flocked to the Austrian capital to watch performers walk the turquoise carpet for the opening ceremony parade. Among the contenders is Australia's entrant, Delta Goodrem, who's hoping to eclipse them all. This year’s event is taking place amid growing controversy over Israel’s participation, with broadcasters from Spain, Ireland, the Netherlands, Iceland and Slovenia boycotting over the war in Gaza. SBS is a member of the European Broadcasting Union and will continue to broadcast Eurovision in Australia.

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