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Your five-minute guide to the budget: Key changes Australians should know

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

Politics

Federal Budget 2026

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JIM CHALMERS PRE BUDGET MEDIA
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Australian News

'Brutal oppression': Australian government imposes new sanctions on Iranian officialsScrolling through his phone after his marriage ended, Tim realised he had no one to callPolice find body in search for alleged triple murderer Julian Ingram'Go for government': Western Sydney One Nation's next target after by-election win

World News

The 48-hour deadline DFAT faces for Australians returning from hantavirus-hit cruiseAngry Trump rejection puts US-Iran truce on 'life support'A fight for survival: How the UK soured on PM Keir Starmer and LabourAustralia's isolation plan 'one of the stronger responses' to hantavirus globally, Butler says

Australian Politics

Could One Nation's Farrer victory be the 'beginning of the end' for the Coalition?'Unfair, unacceptable': Jim Chalmers flags major tax changes in upcoming budget'Western Sydney here we come': One Nation eyes more seats after by-election winTaylor vows to fight until polls close in Farrer as One Nation eyes historic win

Cost of Living

Australia's dying middle class — and the rise of an inherited wealth nationA $100 billion Australian sector is struggling. For Angela, it means 'working twice as hard'An inflation headache, a stronger Aussie dollar, and falling fuel prices — for nowAustralia's 'most liveable city' is also one of its most affordable — but will it last?

War in the Middle East

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U.S. Continues Maritime Blockade In Strait Of Hormuz
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Eurovision: Delta Goodrem joins competition favourites as the party begins in Vienna

Published

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.

News Podcasts

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Australian Treasurer Jim Chalmers speaks to the media during a press conference inside the 2026 Budget lockup at Parliament House in Canberra.
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SBS News

Get the latest national and global news from Australia’s only world news service. Available in short or full-length on SBS and SBS On Demand.

Current Affairs

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Vessels pass through Strait of Hormuz following US-Iran ceasefire

Small Business Secrets

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Watch Insight on Tuesday 12 May at 8.30pm (AEDT) on SBS and SBS On Demand

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?

Watch Dateline on Tuesday 12 May at 9.30pm (AEST) on SBS and SBS On Demand

Adam Liaw goes inside Changi Prison. With rare access to the maximum-security wing reserved for those convicted of the most serious offences, Dateline investigates Singapore's tough stance on crime.

THE FEED

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Through award winning storytelling, THE FEED continues to break new ground with its compelling mix of current affairs, comedy, profiles and investigations.

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Indigenous News

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