A family already battling their four-year-old daughter’s seizures has been left homeless after a tornado tore apart their home.

After a record post-Covid growth rate, Australia’s net overseas migration rate is set to stabilise and then dramatically decrease.

Amid concerns that the Albanese government’s third budget will be inflationary, Treasurer Jim Chalmers will pour billions more into the economy.

The government has gone all-in and upped the stakes on its $32 billion plan to solve the housing crisis — a goal experts say can’t possibly be met.

While unveiling a big-spending budget aimed at helping Aussies cope with the cost-of-living crisis, Jim Chalmers made an unexpected prediction.

Treasurer Jim Chalmers is betting a $75 quarterly rebate will be enough to calm household anger about rising power bills and the cost of living crisis, as the federal government gears up for an election in the next 12 months.

The government has poured billions of dollars into cash boosts and cost of living measures for millions, but one group has been left behind.

There are concerns Jim Chalmers’ budget will spark a financial domino effect, with one economics professor describing it as “irresponsible” and “downright reckless”.

The Treasurer says he is not “spraying cash around” but guiding spending in a way to reduce inflation and keep Aussies free from another interest rate rise.

Two of the most notable new restaurants on the Sydney dining scene will shut with the owners saying conditions are tougher than Covid.