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Victorian Treasurer Jaclyn Symes in her office with the 2026-27 budget papers.

State budget Victoria 2026 as it happened: $1.1 billion lottery deal saves budget from deficit as Treasurer Jacyln Symes spends big on health, transport, neurodiversity support

Follow our live blog as Treasurer Jaclyn Symes hands down Victoria’s 2026 state budget – with a forecast $1 billion surplus, amid a growing mountain of debt.

  • Clay Lucas and Alexander Darling

Latest

Oil prices have eased and hopes are climbing that the United States and Iran may try again on talks to end their war.

ASX edges higher as Virgin soars weathering the fuel shock, oil stocks fall

The Australian sharemarket notched up another small gain on Wednesday amid optimism the US and Iran will meet for a second round of talks to end their war.

  • Staff writers
Wall Street’s moves were much more modest overall than the extreme swings that have hit financial markets since the war began in late February.

ASX bounces back on renewed Iran talk hopes; BHP jumps on China concessions

The Australian sharemarket advanced as Donald Trump raised hopes for an Iran deal, and BHP gained on reports of progress in its months-long iron ore tussle with China.

  • Staff writers
Iran says it has closed the Strait of Hormuz to shipping.

ASX edges higher as fragile ceasefire tests investor optimism

The sharemarket closed in the green, helped by a jump in energy stocks as the ceasefire between the US and Iran hangs in the balance.

  • Adrian Black
Trump has threatened that a “whole civilisation will die tonight, never to be brought back again” if Iran does not meet his deadline to open the Strait of Hormuz.

ASX soars in $80 billion rally as investors cheer ceasefire

Markets around the region rose sharply on Wednesday and the Australian dollar strengthened above US70¢, as investors welcomed the prospect of lower oil prices.

  • Simon Johanson and Clancy Yeates
The parents faced court last month.

‘You don’t know my kids’: WA parents arrested after young children left home alone

The children – aged eight, nine and 11 – were left to take care of themselves for regular periods so their mother could further her business while their father worked fly-in, fly-out.

  • Rebecca Peppiatt
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The Aussie dollar has had a strong run against a suite of major currencies.

Why the Aussie dollar isn’t a ‘whipping boy’ any more

Our dollar has had a strong run, and there are good reasons to think we should get used to it staying around the US70¢ mark – or even climbing higher.

  • Clancy Yeates
The Australian dollar is sensitive to commodity prices such as iron ore and more recently, copper.

The Aussie dollar is soaring – but there’s a hidden headwind

Movements in the Australian dollar can quietly add to or erode returns from international investments – which can be bad news for your super.

  • Marc Jocum
As the US dollar falls, is it time for a visit?

Should you book a US holiday? Aussie dollar and gold hit new highs

The Australian dollar is at a three-year-high, having broken through 70 cents against the US dollar, so you might want to seize the moment.

  • Elizabeth Knight
Both cities have their issues – but there is an edge to New York that is more apparent to the average tourist.

Good news for travellers as Aussie dollar set to soar in 2026

The Australian dollar is set to get a bit of a helping hand from Donald Trump in 2026.

  • Dominic Powell