australian-federal-budget
9 stories related to this topic, newest first.
Australia to Introduce Capital Gains Tax Legislation Thursday
Labor will introduce legislation on Thursday that replaces the 50 percent CGT discount with an inflation-linked reduction. The government is still consulting on possible carve-outs for startups and biotechnology firms. Industry leaders say the unresolved details have already affe…
Australian Government Changes Housing Tax Rules in Budget
The 2026 federal budget altered capital gains tax rules after earlier pledges against such changes. Polling and focus groups indicate the measures have been received negatively by many young Australians.
The Sydney Morning HeraldAustralian Budget Targets Asset Owners to Fund Tax Cuts
The federal government presented a May 2026 budget that raises taxes on certain investments while planning future tax cuts for workers. Opposition parties described the measures as unfair and politically motivated.
koreaherald.comAustralian Budget Addresses Intergenerational Equity but Leaves University Fee Changes Unchanged
The federal budget focused on tax and housing measures to address fairness across generations. No changes were made to the university fee structure introduced in 2020. The article discusses the effects of current fees on students and long-term education targets.
bbc.co.ukAustralian Minister Addresses Budget Reaction and Economic Stability
Infrastructure Minister Catherine King said the government expects criticism of recent budget changes and will explain the reforms to the public. She described Australia as a stable democracy and economy with advantages for investors.
Australian Government Faces Questions on Budget Measures
Social Services Minister Tanya Plibersek said the government still needs to explain changes to capital gains tax and negative gearing announced in last week's federal budget. Prime Minister Anthony Albanese discussed domestic violence funding during a radio appearance.
The GuardianOpposition to Link Temporary Immigration to Annual Housing Completions
The opposition will propose tying net overseas migration to the number of new homes built each year, using housing completion figures as a ceiling for arrivals. The plan will be outlined in the budget reply speech on Thursday along with a proposed $5bn housing infrastructure fund…
Australian Government Redirects $200m in Agriculture Funding Toward Trade, Biosecurity and CSIRO in Federal Budget
The federal government will cut nearly $200 million over five years from agriculture, fisheries and forestry, redirecting funds including more than $104 million from pest and disease grant programs. One third of the redirected money will support export and trade opportunities whi…
The Sydney Morning HeraldTreasurer Delivers 2026 Federal Budget
The federal budget for 2026 will be handed down tonight by the Treasurer. The government is expected to break several election pledges in the document. A new report shows median rent is unaffordable for households on median incomes in all but 10 Australian electorates.