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Five economists discussed the federal budget and opposition reply released two weeks ago. They welcomed several tax measures while calling for broader reform.
Labor's 2026 budget includes higher taxes on capital gains and investor concessions. The Coalition has responded with promises of ongoing tax cuts and reduced immigration. Several independents and business founders have raised concerns about effects on startups and housing constr…
The Australian government introduced changes to capital gains tax discounts and trust taxation in last week’s budget. The measures are projected to raise $2.2 billion by 2029-30. Conservative media outlets have described the changes as a threat to the housing market and as a form…
Viral social media posts used AI images to criticize proposed changes to capital gains tax rules. Officials said the posts oversimplified the reforms and confirmed further consultation with start-up businesses.
The government presented a budget that changes tax treatment of assets and housing incentives. Officials said the measures address differences between wage earners and asset owners. The changes follow earlier positions taken by the same government.
smartpropertyinvestment.com.auThe 2026 federal budget alters capital gains tax discounts and ends negative gearing for most new property investors while exempting new builds. Existing investors retain prior tax treatment through grandfathering provisions. The changes aim to reduce tax benefits that have dispr…
rte.ieThe Australian government forecasts a A$28.3 billion budget deficit for the 2025/26 fiscal year, below an earlier estimate of A$36.8 billion. Officials project continued deficits in subsequent years along with GDP growth of 2.25 percent in 2025/26 and inflation starting at 5 perc…
en.globes.co.ilA senate hearing revealed that Australia collects more tax revenue from beer than from gas exports. Campaigners and economists have called for a 25% tax on gas exports, estimating it could raise A$17 billion annually. Prime Minister Anthony Albanese has ruled out the tax, citing…