Malcolm Turnbull's old bank, Goldman Sachs, has given the Rudd government's first budget the nod of approval, federal Treasurer Wayne Swan says.

SYDNEY (AFP) — Australia's new Labor government was accused Wednesday of pandering to the "politics of envy" in its first budget for a nation that prides

Brendan Nelson has vowed to blow a $15 billion hole in the Rudd government's first budget, including blocking hikes on pre-mixed drinks and changes to

Brendan Nelson will deliver his budget reply tonight.. under pressure it could make or break his future as Liberal leader. The Opposition has attacked the

Small business appears to have gained little in the Rudd Government's first budget, aside from tax cuts. Disappointment could turn to anger when small

The federal opposition will attempt to blow a $15 billion hole in the Rudd government's first budget, starting with blocking the controversial alcohol tax.