July 6, 2025

federal budget

Loans

GOP Tax Bill Would Eliminate Grad School Loans for Half Million

Nearly half a million graduate students nationwide would each lose access to tens of thousands of dollars in school loans annually if the massive tax-and-spending bill before Congress becomes law. President Donald Trump’s signature proposal would eliminate a major form of federal financial aid for would-be lawyers, doctors and other professionals—the grad PLUS federal student

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Finance

Budget FY25-26: Finance bill still being discussed, says FBR – Markets

The Federal Board of Revenue (FBR) on Friday said the Finance Bill 2025 was still being discussed in the National Assembly (NA) and among various business circles. The FBR’s statement comes as “a number of news stories in the digital and print media give the impression that some of the amendments introduced in the finance

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Finance

Finance Bill 2025 draws criticism for ‘overlooking youth-centric measures’ – Business & Finance

The federal government’s Finance Bill 2025 has come under criticism from policy analysts and youth advocates for “failing to include dedicated programmes or fiscal incentives” targeting Pakistan’s youth, despite young people comprising over 60 percent of the population. The Finance Bill, which outlines the government’s taxation and spending priorities for the fiscal year 2025–26, contains

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Finance

Federal Election 2025: Finance Minister Katy Gallagher rules out major cuts after 41,000 public service jobs added under Labor

Finance Minister Katy Gallagher has claimed the Australian Public Service (APS) has reached an “appropriate size” following the addition of more than 41,000 roles. The Albanese government has added 41,411 jobs to the public service since taking office in May 2022. The expansion has come as public sector wages totalled $232 billion during the 2023-2024

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