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2025 Budget: Tax cuts, benefits, and key impacts

“2025 Federal Budget: Winners Include Taxpayers, Students; Losers Are Small Businesses and Welfare Recipients Amid Election Focus.”

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2025 Federal Budget: Winners include taxpayers, students; Losers are small businesses and welfare recipients amid election focus.

In Short

The 2025 Federal Budget includes tax cuts for individuals and support for low-income earners, a $450 energy rebate, and reductions in student loans for graduates.

However, small businesses may struggle with removed tax benefits, and welfare rates remain the same, highlighting the government’s mixed priorities before the election.

The Federal Budget for 2025 reveals significant changes for the economy, emphasising pre-election commitments from the Labor government.

Taxpayers will receive modest tax cuts, resulting in approximately $5.15 extra weekly for those earning around $79,000. Low-income earners will also benefit from decreased tax rates over the next few years.

An extended $300 energy rebate, now totaling $450, aims to assist households through 2025.

University graduates will see 20% of their student loans erased, alongside raised income thresholds for compulsory repayments. The free TAFE program will continue, offering 100,000 places annually from 2027.

Construction workers

Apprentices in construction and related fields will receive $10,000 upon completion of their training. The budget includes measures to boost bulk-billing GP appointments, aiming to offer 90% of visits at no cost.

The Pharmaceutical Benefits Scheme will introduce caps on medicine costs and include new medications, further aiding cost relief for Australians.

Funding will also support healthcare staff and build additional Medicare urgent clinics.

Families will benefit from subsidised childcare, with funds allocated to expand services.

Asset write-off

However, small businesses may feel the impact of the eliminated instant asset write-off.

Welfare rates remain unchanged, disappointing advocates for higher support.

Additionally, Labor plans to phase out live sheep exports by 2028, aiming to ensure a smooth transition for the industry.

Overall, the budget presents an array of winners and losers, reflecting the government’s priorities ahead of the upcoming election.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Money

Stocks rally ahead of Thanksgiving as markets log four days of gains

Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.

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Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.


Markets are moving into the Thanksgiving break with strong momentum, as stocks notch four straight days of gains. The Dow Jones Industrial Average jumped 388 points, while the S&P 500 added 0.9%, pushing both indexes toward their best week since June.

Oracle led major movers, rising more than 4% after Deutsche Bank reaffirmed its bullish outlook on the tech giant. Broad investor optimism continues building across sectors as economic data softens and earnings remain resilient.

All eyes are now on the Federal Reserve and what potential shifts in interest-rate policy may mean for the markets. U.S. markets will close Thursday for the Thanksgiving holiday and reopen Friday for a shortened trading session.

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#Markets #Stocks #Thanksgiving #DowJones #SP500 #Oracle #FederalReserve #FinanceNews


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Dow surges 500 points amid rate cut optimism

Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

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Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

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In Short:
– Dow Jones rose 569 points, reflecting optimism for a Federal Reserve interest rate cut.
– Alphabet’s stock increased as Meta may invest in AI chips, but Nvidia’s declined amid market concerns.
The Dow Jones Industrial Average increased by 569 points or 1.2% on Tuesday, reflecting investor optimism for an upcoming Federal Reserve interest rate cut. The S&P 500 and Nasdaq Composite also posted gains, up 0.8% and 0.4% respectively. This represented a recovery from earlier losses, where the S&P 500 briefly fell by 0.7%.Banner

Markets anticipate an 85% chance of a quarter-point rate cut in December, driven by comments from New York Fed President John Williams, who indicated the possibility of lower rates soon. Investor sentiment strengthened following reports that Kevin Hassett may be appointed as the next Fed chair, potentially resulting in a more lenient monetary policy.

Tech Sector

Alphabet saw its stock rise by over 1% after reports indicated that Meta Platforms might invest in its AI chips. This could signal increased demand for AI technology, benefiting the sector overall. However, Nvidia’s stock fell more than 3%, suggesting concerns about its dominance in the AI chip market.

Investors are also wary of the valuation of tech stocks. Despite recent gains, the S&P 500 and Nasdaq remain down over 1% and 3%, respectively, for November, while the Dow has lost more than 1% this month. The broader market’s performance indicates ongoing scrutiny regarding tech valuations amid changing economic expectations.


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Gold prices surge as Central Banks buy big, but risks grow ahead

Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.

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Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.


Gold prices are climbing fast as central banks ramp up buying, pushing demand to its highest levels in years. The metal’s reputation as a safe haven is strengthening, especially amid rising geopolitical tensions and global financial uncertainty.

But experts warn the shine could fade. A stronger US dollar and the possibility of rising interest rates may weigh on momentum, making investors question how long the rally can last.

Dr Steven Enticott from CIA Tax breaks down the drivers behind gold’s surge—from ETF inflows to physical bar demand—and what could send the price sharply higher… or lower.

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#gold #markets #centralbanks #economy #finance #investing #interestRates #usdollar


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