The economic forecasts included in the federal budget are Treasury's 'best professional estimates'.
Some Labor MPs will continue the fight for an increase in the Newstart Allowance after the budget.
Prime Minister Julia Gillard has defended her government's budget, stating tough choices had to be made.
Opposition Leader Tony Abbott can't say how long it would take to get the budget back into surplus.
Changing the baby bonus was the right move, say ACOSS, the nation's peak welfare body.
The coalition won't make a 'knee-jerk' decision on whether it will back the axing of the baby bonus.
PM Julia Gillard has dismissed figures that show the budget was heading into deficit before tax writedowns.
Treasurer Wayne Swan says jobs would have been at risk if spending had been slashed to achieve a surplus.
The federal government's mining tax will not meet expectations of the promised billions of dollars.
Australia's AAA rating remains unchanged despite the federal government handing down an $18 billion deficit.
The federal budget has missed the opportunity to take the pressure off business, the ACCI says.
The carbon price is expected to be less than half of previous predictions once it moves to a floating price.
» more Latest News
» more Most Popular News