It will be a busy Tuesday with several events lined up for the day.
Firstly, the Anthony Albanese government is set to present the federal budget of Australia for the financial year 2025-26 today. Meanwhile, the inauguration ceremony of Belarus’ President Alexander Lukashenko will take place today in Minsk.
Meanwhile, the Boao Forum for Asia (BFA) Annual Conference 2025 will begin on Tuesday in China’s Hainan Province. A Joint Parliamentary Committee (JPC) will meet to deliberate on the ‘One Nation, One Election’ proposal.
IPL team Gujarat Titans are set to face Punjab Kings at the Narendra Modi Stadium in Ahmedabad today.
Here is all that will take place through the day.
Australia’s government to present federal budget
Anthony Albanese-led Australian government is set to present the nation’s federal budget for the financial year 2025-26 with a special focus on defence spending. Treasurer Jim Chalmers will deliver the budget, outlining the government’s financial strategy, economic forecasts, and spending priorities for the upcoming fiscal year.
According to Defence Minister Richard Marles, the budget will bring $1 billion in defence spending this fiscal year to boost the country’s military capability. Australia and other United States security allies are under pressure from United States President Donald Trump to increase defence spending, reported news agency Reuters.
Content retrieved from: https://www.firstpost.com/explainers/firstup-australia-to-unveil-budget-with-focus-on-defence-and-other-headlines-today-13874089.html.
